$49,000

2901 7th Terrace

Cape Coral, FL 33993

Listing updated: March 7, 2026 at 12:07 PM ET

Active
0
Baths
0.24
Acres
$5/sqft
Land

Property type

10,498 sqft

Lot size

$5

Price / sq ft

No HOA

HOA dues

87

Days on market

AE

Flood zone

About this home

Paved street; Water: well; sewer: septic; no HOA fee. Great location! Close to the 7 Islands Development on Old Burnt Store Rd N, Cape Coral – ready for hotels, restaurants, tiki bar, new housing and more! And closed to Coral Oaks Golf Course! This over sized corner lot has been cleared and is ready for you to build your dream home! As the interest rate coming down, market is getting active and prices are edging up, don't wait! Please call!

Local Insight

At $5 per square foot on a quarter-acre lot, this is priced aggressively low—likely because it's in flood zone AE, which means mandatory flood insurance and elevation requirements that will significantly increase construction costs if you ever build here. The lack of HOA is a genuine plus, but you'll want to verify what utilities are actually available on this parcel and get a clear picture of what elevation and mitigation expenses would realistically run before committing.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$248
Property taxes$67
Home insurance (est.)$22

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history87 days on market

  1. Status: Active
    Dec 10, 2025
  2. Listed$49,000
    Dec 10, 2025
  3. Price increased$49,000

Facts & features

Property type
Land
Status
Active
Days on market
87
Subdivision
Cape Coral
County
Lee
Price/sq ft
$5
Lot size
10,498 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12071C0241G)
Annual taxes
$801 (2024)
Parcel #
08-44-23-C1-04025.0360
Zoning
RD-D
MLS #
O6366263

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HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Co-op

Exterior & Construction

Road surface
Asphalt, Concrete

Utilities

Sewer
None
Water source
None
Utilities
Sewer Nearby, Water Nearby

Listing Details

Listing date
2025-12-09
On market date
2025-12-10
Original list price
$49,000
MLS area
33993 - Cape Coral
Listing AOR
Orlando Regional
Status changed
2025-12-10
Tax legal description
CAPE CORAL UNIT 55 BLK 4025 PB 19 PG 104 LOTS 36 + 37

Flood risk

High riskFEMA Zone AEPanel 12071C0241G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Follow I-4 W and I-75 S to Jones Loop Rd in Charlotte County. Take exit 161 from I-75 S. Follow Burnt Store Rd to NW 7th Terrace in Cape Coral. Use any lane to turn slightly right onto Jones Loop Rd. Continue onto Burnt Store Rd. Keep left to continue toward Tropicana Parkway W. Continue onto Tropicana Parkway W. Turn right onto NW 29th Pl. Turn right onto NW 7th Terrace. Destination will be on the right.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of March 7, 2026 at 12:07 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA