
1407 NW 8th Terrace, Cape Coral, FL 33993
CAPE CORAL · Lee County
Key Facts
Description
Prime development opportunity in Cape Coral. This commercial canal-front lot features 140’ of wide canal frontage with access to multiple lakes. All assessments are paid and utilities are already in place, making this property ready for development. Conveniently located near Chiquita Blvd, Pine Island Rd, Burnt Store Rd, and Tropicana Pkwy, with nearby schools, shopping, and everyday conveniences. Ideal for commercial development, builders, or investors, with potential residential rezoning subject to City of Cape Coral approval.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Lot Size
0.23 acres
Lot Dimensions
80 x 125 x 80 x 125
MLS® Listing#
2026012648
Property Features
- Lot Features:
- Cleared, Rectangular Lot, Open Lot, Waterfront
- Community:
- None
- Utilities:
- Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
HOA & Tax
- Annual Tax:
- $877 (2025)
- Parcel #:
- 03-44-23-C4-02898.0260
Affordability Calculator
$13,800
Estimated monthly payment
$367/mo
Principal $55,200 · Est. interest $77,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cape Coral, FL
- $432,885
- Median Listing Price
- 95
- Median Days on Market
- 1,777
- Median Sq Ft
- $246
- Median Price / Sq Ft
- 4,178
- Active Listings
- This home’s price is 84% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cape Coral, FL.
Location
- 1407 NW 8th Terrace, Cape Coral, FL 33993
Nearby Schools
Mariner High School
Secondary · 0.3 mi away
Mariner Middle School
Secondary · 0.5 mi away
School District of Lee County
School · 0.5 mi away
North Nicholas High School
Secondary · 1.9 mi away
Hector A. Cafferata, Junior Elementary
Elementary · 1.9 mi away
Cape Coral Charter School
School · 2.3 mi away
Trinity Lutheran Church
School · 2.3 mi away
Christa McAuliffe Charter Elementary School
Elementary · 2.5 mi away
Christian Life Academy
School · 2.7 mi away
Cape Coral Christian School
School · 2.8 mi away
Kiddie Island Academy
School · 3.1 mi away
Trafalgar Middle School
Secondary · 3.2 mi away
Challenger Middle School
Secondary · 3.3 mi away
Patriot Elementary School
Elementary · 3.4 mi away
Diplomat Middle School
Secondary · 3.5 mi away
Diplomat Elementary School
Elementary · 3.5 mi away
Trafalgar Elementary School
Elementary · 3.5 mi away
Skyline Elementary School
Elementary · 3.7 mi away
A Little Piece of Me Montessori Academy
Elementary · 4.0 mi away
Cape Academy
School · 4.1 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Cape Coral
Listing Courtesy: Realty One Group MVP - 8008968790
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

















