ActiveMLS® A11947649

$250,000

718 NW 38 Place, Cape Coral, FL 33993

Beds: —
Baths: 0
Sqft: —

Est. payment$1,617/mo

Home type: Unimproved Land
Year built: —
Lot size: 10,019 sqft
Price / sqft: —
HOA: —
Community: Cape Coral

Property description

Magnificent gulf access lot, perfectly positioned on Watermelon Canal in the highly desirable part of NW Cape Coral. You'll be captivated by the tranquil views and the peaceful atmosphere. Strategically located just east of Old Burnt Store Rd, this lot places you minutes away from the open Gulf waters. With brand new homes being built this area is highly sought after (house adjacent to this lot sold in 2021 for $1.2M!). The upcoming 7 Islands development elevates this opportunity, promising a host of new amenities including fine dining, shopping, and recreational activities. This addition will not only enhance your lifestyle but also add value to your investment. Build your dream home here (we can recommend builders). Property listing co-listed with Barclay’s Real Estate Group, Cape Coral

Listing activity

Days on market: 250
Listed: Jan 16, 2026
MLS listing updated: Apr 23, 2026
Feed last checked: 2 minutes ago

Listed by Jeanette Pressman · Dezer Platinum Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Property

Exterior

Other structures: None
View: Canal
Waterfront: Ocean Access, Fixed Bridge, Canal Front, Navigable Water
Waterfront property: Yes

Lot

Lot size: 10,019 sqft
Lot size (acres): 0.23 acres
Lot dimensions: 10019
Lot features: Other, Cleared
Road surface: Paved
Road frontage: Public Road
Road responsibility: Public Maintained Road

Construction

Type & style

Home type: Unimproved Land

Materials

Faces: East

Utilities & green energy

Utilities

Utilities: Sewer Not Available, Water Not Available, None, Trash Removal

Community & HOA

Community

Subdivision: Cape Coral
MLS area: 5940 - Other Florida County
MLS subarea: Other

Lease details

Not reported by the listing source.

Location

Area details

City: Cape Coral
County: Lee
ZIP code: 33993

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11947649
Possession: Close Of Escrow
Original list price: $250,000
Parcel number: 10057080
Annual property tax: $2,336
Tax year: 2024
Tax legal description: CAPE CORAL UNIT 59 BLK 4145 PB 19 PG 151 LOTS 29 + 30

Additional MLS details

Reported by the listing source

Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
County Or Parish: Lee
Days On Market: 250
Direction Faces: East
List Price: 250000
Listing Contract Date: 2026-01-16
Lot Size Acres: 0.23
Lot Size Dimensions: 10019
MLSArea Major: 5940 - Other Florida County
MLSArea Minor: Other
Mls Status: Active
On Market Date: 2026-01-16
Photos Count: 16
Postal Code: 33993
Property Sub Type: Unimproved Land
Property Type: Land & Docks
Road Frontage Type: Public Road
Road Surface Type: Paved
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-01-16T18:03:11Z
Subdivision Name: Cape Coral
Waterfront Features: Ocean Access, Fixed Bridge, Canal Front, Navigable Water
Tax Annual Amount: 2336

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Jan 16, 2026	ListedMIAMI REALTORS® MLS	$250,000

Public tax history

Year	Property taxes	Assessment
2024	$2,336	—

Payment calculator

Estimated monthly payment$1,617/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,297
Property taxes: $195
Insurance: $125
Association dues: —

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Cape Coral

Cape Coral · Lee County · 33993

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes