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1407 NW 8th Terrace, Cape Coral, FL 33993

CAPE CORAL · Lee County

Key Facts

0.23Lot (acres)

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

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EXIT Agents in Cape Coral

Listing Courtesy: Realty One Group MVP - 8008968790

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by FloridaGulfCoast. MLS® Listing#2026012648. © 2026EXIT Realty®. All rights reserved.