3,312

Affordable Homes for Sale in Cape Coral, FL under $290,000

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  • /6

    $285,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,184 Sq Ft

    508 NW 23rd Terrace, Cape Coral, FL 33993

    Great potential for first-time buyers and investors! Discover this beautiful, spacious, and bright home in a calm and family-friendly neighborhood, surrounded by top-rated schools and just minutes away from shopping centers. With a private, shaded backyard perfect for relaxing, this home offers ample and fresh living spaces, ready for you to move in and enjoy from day one.Don’t miss this

    Jenny Ardila Barlis EXP Realty LLC

    508 NW 23rd Terrace, Cape Coral, FL 33993
  • /5

    $67,500

    • Land
    • 14,984 Sq Ft
    • $196,221 per Acre

    406 NW 5th St, Cape Coral, FL 33993

    3 LOT SITE ***** FOR THE PRICE OF A STANDARD DOUBLE LOT ***** CITY WATER -CITY SEWER IN ***** CONVENIENTLY LOCATED IN THE RAPIDLY DEVELOPING AREA OF THE NW CAPE CORAL AREA ***** BUILD YOUR DREAMS RIGHT HERE ***** TRIPLE LOTS AT THESE PRICES ARE HARD TO COME BY ***** DONT LET THIS ONE IT AWAY! ***** GET YOUR OFFER IN BEFORE ITS TOO LATE !!!

    Brian Smallwood Sellstate 5 Star Realty

    406 NW 5th St, Cape Coral, FL 33993
  • /46

    $229,900

    $40K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,977 Sq Ft

    3364 Dandolo Cir, Cape Coral, FL 33909

    Welcome to easy Florida living in the gated community of Bella Vida, where peaceful lake views and thoughtfully designed spaces create the perfect setting to relax and enjoy life. This beautiful end-unit townhome offers three bedrooms plus a versatile loft, two-and-a-half baths, and a desirable two-car garage—providing both comfort and flexibility for everyday living. Step inside to find tile

    Judy Sylvia RE/MAX Realty Team

    3364 Dandolo Cir, Cape Coral, FL 33909
  • /4

    $53,000

    • Land
    • 14,984 Sq Ft
    • $154,070 per Acre

    2030 El Dorado Blvd N, Cape Coral, FL 33993

    Seize the opportunity to own an exceptional oversized triple lot in sunny southwest Florida. This spacious parcel has western exposure, perfect for enjoying breathtaking sunsets and maximizing your outdoor living experience. Nestled in a community of newer, high-end homes, this lot offers both luxury and tranquility. Enjoy the peace and quiet of this neighborhood while still being close to a

    Patricia Geer The Keyes Company

    2030 El Dorado Blvd N, Cape Coral, FL 33993
  • /26

    $214,900

    • 2 Beds
    • 2 Baths
    • 1,378 Sq Ft

    1418 SE 23rd Terrace, Cape Coral, FL 33990

    Affordable, waterfront, and conveniently located close to everything. Rare to find all three in SE Cape Coral at this price point. 2 bedroom, 2 bathroom, 2 car garage home offering 1,378 square feet of comfortable living space with tile throughout on a corner lot in centrally located SE Cape Coral. Backing up to a freshwater lake with a private, serene backyard setting, this home delivers a

    Michael Darda Compass Florida LLC

    1418 SE 23rd Terrace, Cape Coral, FL 33990
  • /6

    $57,900

    • Land
    • 8,276 Sq Ft
    • $304,737 per Acre

    3222 NE 13th Ct, Cape Coral, FL 33909

    One parcel consisting of two lots in Cape Coral, Florida — the perfect opportunity to build your custom dream home in one of the fastest-growing cities! Ideal for both homeowners and investors. Located in a beautiful area near canals and surrounded by well-maintained homes.

    Marlene Tamayo Partnership Realty Inc.

    3222 NE 13th Ct, Cape Coral, FL 33909
  • /2

    $137,000

    $12K PRICE INCREASE
    • Land
    • 10,018 Sq Ft
    • $595,652 per Acre

    631 SW 26th Terrace, Cape Coral, FL 33914

    This remarkable freshwater lot is now available, offering the perfect canvas for your dream home. Imagine spending your days kayaking, fishing, or paddleboarding right from your backyard. Connections to water, sewer, and irrigation services are available in this neighborhood, making it even more convenient to start building your dream home. Located in a vibrant neighborhood of stunning new

    Gustavo Pacheco EXP Realty LLC

    631 SW 26th Terrace, Cape Coral, FL 33914
  • /38

    $149,900

    $38K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,005 Sq Ft

    909 SE 46th Ln Unit 202, Cape Coral, FL 33904

    Welcome to Cape Palm Condos, where easy living is right at your doorstep and the fabulous location puts you in the walkable downtown setting of Cape Coral. Enjoy the best of Florida living with a fully screened lanai overlooking the pool and fast Gulf access from your backyard. This spacious 2 bedroom, 2 bathroom unit has been remodeled to include tile flooring, thoughtful updates in the kitchen,

    Katherine Paquette, PA Starlink Realty, Inc

    909 SE 46th Ln Unit 202, Cape Coral, FL 33904
  • /8

    $22,499

    $7K PRICE DROP
    • Land
    • 15,246 Sq Ft
    • $64,283 per Acre

    2941 - 3001 Santa Barbara Blvd N, Fort Myers, FL 33993

    Great Commercial parcel for future Building. 5 consecutive commercial lots for $29,900 5 contiguous commercial lots totaling approximately 125 x 125 (±15,680 SF / ±0.36 acres) with direct frontage on highly traveled Santa Barbara Blvd N in the growing North Cape Coral corridor. All 5 parcels are sold together as a package — Lots 26, 27, 28, 29 & 30, Block 2327A, Unit 36. Zoned C-1, Future Land

    Michael Lombardo Old Glory Realty

    2941 - 3001 Santa Barbara Blvd N, Fort Myers, FL 33993
  • /2

    $80,000

    $10K PRICE DROP
    • Land
    • 16,247 Sq Ft
    • $214,477 per Acre

    122 NW 19th Place, Fort Myers, FL 33993

    Beautiful lo to build your dream home

    Carrie Lichon Empire Elite Realty LLC

    122 NW 19th Place, Fort Myers, FL 33993
  • /7

    $100,000

    $5K PRICE INCREASE
    • Land
    • 18,730 Sq Ft
    • $232,558 per Acre

    1830 NE 14th St, Cape Coral, FL 33909

    Enjoy the views from this freshwater canal vacant lot! Located in an established neighborhood, the lot is ready for you to plan your custom-built home. No time constraints to build, no HOA nor CDD fees. Build now or build later. New construction in the area. Close to Pine Island corridor for eateries and shopping. Easy access to Matlacha, Pine Island, Ft. Myers and Sanibel Island beaches. Check

    Marilyn Sakelaris LESLIE WELLS REALTY, INC.

    1830 NE 14th St, Cape Coral, FL 33909
  • /3

    $39,500

    • Land
    • 10,018 Sq Ft
    • $171,739 per Acre

    2833 NW 10th St, Cape Coral, FL 33993

    Seller financing available: 25% down, 10% interest, 3-year term with balloon payment; buyer responsible for taxes, closing costs, and maintenance. Great opportunity to build your future home on this standard-sized vacant lot located in the expanding and highly desirable Northwest Cape Coral area. Featuring northern rear exposure, this property offers cooler afternoon shade in the backyard, ideal

    Amanda Courtney REP Realty Group

    2833 NW 10th St, Cape Coral, FL 33993
  • /2

    $55,000

    $6K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $239,130 per Acre

    1012 NE 12th St, Cape Coral, FL 33909

    BEAUTIFUL WATERFRONT LOT CONNECTED TO CITY UTILITIES! This extraordinary vacant lot offers a unique opportunity to build your dream home. Nestled in a tranquil setting, this property provides a blank canvas to create your own private oasis, With direct freshwater canal frontage.Take advantage of this offering and enjoy the peace and quiet of the area, along with convenient access to local

    Ilan Kedem Century 21 AllPoints Realty

    1012 NE 12th St, Cape Coral, FL 33909
  • /2

    $49,000

    • Land
    • 10,018 Sq Ft
    • $213,043 per Acre

    3405 NW 7th Terrace, Cape Coral, FL 33993

    Build your dream home in this amazingly located lot in the NW Cape! This lot is located just off Burnt Store Rd, near shops, schools, Matlacha, and Pine Island. The value is great in this area as this lot is surrounded by new construction. Make your appointment today!

    Richie Rodriguez Starlink Realty, Inc

    3405 NW 7th Terrace, Cape Coral, FL 33993
  • /5

    $79,900

    • Land
    • 10,018 Sq Ft
    • $347,391 per Acre

    1008 NE 1st Place, Cape Coral, FL 33909

    A great chance to own a waterfront property with a brand new seawall in place and in a zone that does NOT require flood insurance! Enjoy sunsets on the water from your backyard in the evenings with your western facing rear exposure. There are multiple food options just 6 minutes away: Mission BBQ, First Watch, Love Boat Ice Cream, Eagle Specialty Coffee, Huey Magoos, Diary Queen, Outback,

    Kirstin Moll The Keyes Company

    1008 NE 1st Place, Cape Coral, FL 33909
  • /39

    $289,999

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,242 Sq Ft

    4118 SE 3rd Ave, Cape Coral, FL 33904

    EXCITING NEW LISTING!! Move-in ready home in Southeast Cape Coral featuring numerous upgrades and great outdoor living. Enjoy plantation shutters throughout and impact-resistant sliding glass doors for style and peace of mind. Recent improvements include a metal roof, new lanai roof, new insulation, updated plumbing, new electrical panel, and new A/C. This house has top of the line features.

    Vicemily Polanco Palm Paradise Realty Group

    4118 SE 3rd Ave, Cape Coral, FL 33904
  • /2

    $70,000

    • Land
    • 15,202 Sq Ft
    • $200,573 per Acre

    3816 Burnt Store Rd N, Cape Coral, FL 33993

    Come and build your dream home on this oversize freshwater lot. This prime NW Cape Coral location is where so much is happening such as the planned rv park and luxury motor coach resort! As the area continues to expand now is the time to invest. The property is located near schools, shopping/restaurants and great beaches!

    Scott Brucker RE/MAX Trend

    3816 Burnt Store Rd N, Cape Coral, FL 33993
  • /43

    $270,000

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,831 Sq Ft

    1516 Fells Cove Ln, Cape Coral, FL 33909

    Welcome to this beautifully upgraded new construction townhome located in the highly desirable gated community of Coral Lakes. This move-in ready residence has been thoughtfully enhanced beyond builder-grade with numerous custom features throughout. Step inside to a freshly painted interior that offers a clean, modern feel. The spacious living area flows seamlessly to the screened lanai, now

    Sheila Santini Real Broker, LLC

    1516 Fells Cove Ln, Cape Coral, FL 33909
  • /2

    $120,000

    $10K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $521,739 per Acre

    1725 NW 43rd Ave, Cape Coral, FL 33993

    Great opportunity to build on this premium lot surrounded by waterfront direct gulf access properties and upcoming Estate Home subdivision. Fastest growth area of Cape Coral.

    Gary Bottari Premier Florida Realty of SWFL

    1725 NW 43rd Ave, Cape Coral, FL 33993
  • /7

    $149,000

    • Land
    • 10,018 Sq Ft
    • $647,826 per Acre

    314 SW 21st Ave, Cape Coral, FL 33991

    Discover the perfect location to build your dream home on this freshwater waterfront lot in beautiful Cape Coral. Situated on an extremely wide freshwater canal, this property offers stunning water views. The lot features a newer seawall, saving you significant construction costs and giving you a head start on building. Located in a growing area of Cape Coral, this property offers easy access to

    Kevin Koch Vacationhit Realty

    314 SW 21st Ave, Cape Coral, FL 33991
  • /4

    $39,000

    $8K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $169,565 per Acre

    1613 NE Juanita Place, Cape Coral, FL 33909

    BUILD YOUR OFFICE ON THIS GREAT COMMERCIAL PROPERTY LOCATED JUST ONE BLOCK AWAY FROM SANTA BARBARA. CLEAN READY TO BUILD, SURVEY AVAILABLE ON REQUEST FOR A PRICE. SURVEY SHOWS 100% UPLAND AND NO ANIMALS WERE FOUND AT THE TIME OF THE SURVEY. LOT CAN BE CONVERTED INTO A RESIDENTIAL PROPERTY. REACH OUT TO THE CITY TO GET DETAILS ON THE APPLICATION.

    Heidi Benitez Zuniga LPT Realty, LLC

    1613 NE Juanita Place, Cape Coral, FL 33909
  • /4

    $149,900

    • Land
    • 10,018 Sq Ft
    • $651,739 per Acre

    1227 SW 37th St, Cape Coral, FL 33914

    Freshwater lot available in Southwest Cape Coral. Beautiful homes on this street, many newly built. SEAWALL IN PLACE! Lot is ready to be built on now, you do not need to wait more than 12 months for seawall construction (current completion time). Add your own customized dock and enjoy the freshwater canals in a pontoon or deckboat to see wildlife, sunrises, and sunsets. Or go fishing right

    Phillippe Joseph Starlink Realty, Inc

    1227 SW 37th St, Cape Coral, FL 33914
  • /4

    $35,000

    $20K PRICE DROP
    • Land
    • 10,236 Sq Ft
    • $148,936 per Acre

    2312 NE 19th Place, Cape Coral, FL 33909

    Prime Western Exposure Waterfront Lot!** in fast growing area! Great location, convenient to US 41, parks, churches, shopping, restaurants, and more! NO FLOOD INSURANCE NEEDED HERE!Discover the perfect location for your dream Florida home on this beautiful freshwater lot. With sought-after western exposure, you'll enjoy plenty of natural light and breathtaking sunsets. Build your custom home

    Michelle Fisher SWFL Choice Realty

    2312 NE 19th Place, Cape Coral, FL 33909
  • /6

    $99,000

    • Land
    • 10,018 Sq Ft
    • $430,435 per Acre

    1229 NE 13th Place, Cape Coral, FL 33909

    CLEARED and ready for you to build your future DREAM HOME in a ever growing community of Cape Coral!!! which has access to BIKING and WALKING trails, Ft Myers and Punta Gorda airports all within a 45 minute drive!!! W~ gorgeous beaches ~ state parks and trails ~ fantastic fishing ~ Kayaking~ boating ~ marinas ~ shopping ~ dining ~ gorgeous sunsets and more await! Don’t let this opportunity pass

    Chrisdyan Linares JOHN R. WOOD PROPERTIES

    1229 NE 13th Place, Cape Coral, FL 33909
  • /3

    $39,000

    • Land
    • 10,018 Sq Ft
    • $169,565 per Acre

    1405 NW 11th St, Cape Coral, FL 33993

    Build your dream home or make a smart investment on this beautiful canal-front lot located in one of Florida’s most desirable and rapidly expanding communities. Enjoy peaceful water views and the lifestyle that comes with waterfront living, while benefiting from the strong growth and development taking place in the area. Surrounded by new construction, shopping, dining, and convenient access to

    Arletis Fernandez Innova Real Estate Corp

    1405 NW 11th St, Cape Coral, FL 33993
  • /11

    $87,000

    $58K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $378,261 per Acre

    1523 SW 16th Ct, Cape Coral, FL 33991

    Lot is centrally Located in a highly desirable area of Cape Coral. Ready to be built! utilities already available.

    Emilio Vasquez U S Prime Realty, LLC

    1523 SW 16th Ct, Cape Coral, FL 33991
  • /6

    $46,500

    $1K PRICE DROP
    • Land
    • 10,001 Sq Ft
    • $202,526 per Acre

    4218 NW 34th St, Cape Coral, FL 33993

    Welcome to your future home site in the highly sought-after Northwest Cape Coral! This spacious residential lot offers the perfect location to build your dream home. Situated in a rapidly developing neighborhood, it provides easy access to local amenities, schools, shopping, and dining options. This lot offers great potential in a rapidly growing area. Don’t miss your chance to secure this

    Kurt Melzer Select Realty Associates, Inc.

    4218 NW 34th St, Cape Coral, FL 33993
  • /40

    $239,900

    • 2 Beds
    • 2 Baths
    • 1,132 Sq Ft

    5249 Sunnybrook Ct, Cape Coral, FL 33904

    Take advantage of this great opportunity to make this your permanent year round home, retirement home, vacation retreat or even a great rental property! Located in the popular Cape Coral Yacht Club area on an oversized corner lot within walking or bike riding distance to the popular Yacht Club public beach. This home is neat as a pin with two bedrooms, 2 full bathrooms, new luxury vinyl flooring

    Iris Leith Berkshire Hathaway Florida

    5249 Sunnybrook Ct, Cape Coral, FL 33904
  • /15

    $285,000

    $15K PRICE DROP
    • Land
    • 10,001 Sq Ft
    • $1,241,289 per Acre

    4220 NW 33rd Ln, Cape Coral, FL 33993

    IMMEDIATE BUILD OPPORTUNITY – SEAWALL ALREADY IN PLACE – NO BRIDGES TO OPEN WATER! Create your custom Gulf-access dream home on this desirable southern exposure lot overlooking the 250+ foot wide Longview Canal. Enjoy breathtaking water views, refreshing coastal breezes, and direct boating access with no bridges.Located in a quiet, rapidly developing area surrounded by beautiful newer homes,

    Riley Ventura Royal Shell Real Estate, Inc.

    4220 NW 33rd Ln, Cape Coral, FL 33993
  • /2

    $59,000

    • Land
    • 10,018 Sq Ft
    • $256,522 per Acre

    1104 NW 31st Ave, Cape Coral, FL 33993

    Vacant residential lot located in a peaceful and developing neighborhood of northwest Cape Coral. The property offers convenient access to shopping, schools, parks, and main roadways. A great opportunity to build a custom home in a growing area surrounded by new construction.

    Therese Nguyen Century 21 AllPoints Realty

    1104 NW 31st Ave, Cape Coral, FL 33993
  • /11

    $60,000

    • Land
    • 10,018 Sq Ft
    • $260,870 per Acre

    2624 NW 9th Ave, Cape Coral, FL 33993

    GREAT OPPORTUNITY TO OWN A FRESHWATER CANAL-FRONT LOT in the growing NW Cape Coral area. Located on a quiet street with established homes nearby, this property is ideal for building your future dream home or holding as an investment. Enjoy fishing, kayaking, and exploring the canal right from your backyard. Conveniently located near schools, shopping, dining, golf courses, and all that Southwest

    Steve Bacardi Coldwell Banker Realty

    2624 NW 9th Ave, Cape Coral, FL 33993
  • /22

    $49,000

    $6K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $213,043 per Acre

    1800 NW 2nd Terrace, Cape Coral, FL 33993

    LOCATION, LOCATION, LOCATION!Build your dream home in this beautiful residential neighborhood surrounded by newer homes and nestled on a serene freshwater canal. From your backyard, boat along the Curundu Canal and explore any or all three lakes connected to the canal system. For Gulf access adventures, simply trailer your boat to the City-owned boat ramp less than 4 miles away. Enjoy the

    Charlene Rodriguez Rent 1 Sale 1 Realty

    1800 NW 2nd Terrace, Cape Coral, FL 33993
  • /31

    $284,900

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,420 Sq Ft

    1209 SE 12th St, Cape Coral, FL 33990

    Welcome to a home that has been cherished by its original owner and thoughtfully maintained over the years. Situated on an oversized corner lot in a quiet Southeast Cape Coral neighborhood, this affordable pool home offers the perfect combination of comfort, convenience, and peace of mind—with no flood insurance required. Inside, you'll find a spacious split-bedroom floor plan designed for

    Judy Sylvia RE/MAX Realty Team

    1209 SE 12th St, Cape Coral, FL 33990
  • /2

    $64,000

    • Land
    • 10,018 Sq Ft
    • $278,261 per Acre

    614 NE 12th St, Cape Coral, FL 33909

    Fantastic lot for sale at 614 NE 12th St, Cape Coral on a wide canal. Perfect for building your dream home. Great location near shops, beaches, and easy to get to. Located in the North West part of the city,water and sewer available.

    Chrisdyan Linares John R. Wood Properties

    614 NE 12th St, Cape Coral, FL 33909
  • /2

    $48,000

    • Land
    • 10,018 Sq Ft
    • $208,696 per Acre

    1420 NW 24th Place, Cape Coral, FL 33993

    Welcome to 1420 NW 24th Place — a stunning ready-to-build freshwater canal lot in the heart of Cape Coral’s thriving Northwest community. Perfectly positioned on approximately 0.23 acres with canal views, this prime parcel offers an exceptional opportunity to design your dream home with water-oriented living at the forefront. Embrace boating, kayaking, fishing and serene water vistas right from

    Kevin Page CapeCoralLots.com

    1420 NW 24th Place, Cape Coral, FL 33993
  • /33

    $290,000

    $35K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,585 Sq Ft

    3806 SW 1st Terrace, Cape Coral, FL 33991

    Well maintained 3 bedroom, 2 bath home featuring tile throughout and volume ceilings that fill the space with natural light and create a warm, inviting feel. The sliders off the living and dining areas seamlessly bring the outdoors in, making this home perfect for both everyday living and entertaining. The open kitchen offers ample cabinet space, stainless steel appliances, a pantry, and a

    Amanda Barcenas Realty One Group MVP

    3806 SW 1st Terrace, Cape Coral, FL 33991
  • /2

    $49,900

    $5K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $216,957 per Acre

    3623 NE 9th Ave, Cape Coral, FL 33909

    Great opportunity for investors or future residents! Three adjacent vacant lots for sale: 3615, 3619, and 3623 NE 9th Ave, Cape Coral. Situated on a freshwater canal, these lots stunning views and potential for boating or fishing. Ideal for building a large single-family home or holding for future development. Conveniently located near schools, shopping, main roads, and just 15 minutes from the

    Trangdai Nguyen FLORIDA REALTY INVESTMENTS

    3623 NE 9th Ave, Cape Coral, FL 33909
  • /33

    $249,999

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft

    4711 SE 5th Ave Unit 7, Cape Coral, FL 33904

    WATERFRONT PARADISE – PRICED TO SELL! Experience the ultimate Southwest Florida lifestyle from this beautifully maintained 2-bedroom, 2-bath, partially furnished second-floor condominium overlooking the breathtaking wide waters of the prestigious Rubicon Canal. Wake up to spectacular sunrises, watch boats glide by, and enjoy the peaceful beauty that only waterfront living can provide. Perfectly

    Whitney Hall Re/Max Sunshine

    4711 SE 5th Ave Unit 7, Cape Coral, FL 33904
  • /23

    $129,900

    • Land
    • 12,763 Sq Ft
    • $443,345 per Acre

    817 SW 8th St, Cape Coral, FL 33991

    Amazing Deal for a Waterfront lot with 150ft of Seawall and Amazing Basin views-- Brand New Seawall recently installed. CITY WATER, SEWER, AND IRRIGATION Utilities already installed as well, with a small assessment balance remaining. Make an offer today, Rents are up and this is an amazing investment opportunity. FLOOD ZONE X, NO FLOOD INSURANCE NEEDED!

    Brian Barnhart Gulf Gateway Realty, Inc.

    817 SW 8th St, Cape Coral, FL 33991
  • /16

    $53,900

    • Land
    • 10,018 Sq Ft
    • $234,348 per Acre

    1001 Nelson Rd N, Cape Coral, FL 33993

    Build Your Dream Home in Beautiful Cape Coral! Don’t miss this incredible opportunity to own a vacant lot in one of the most desirable and fast-growing areas of Southwest Florida. Located at 1001 Nelson Rd N, Cape Coral, FL 33993, this spacious homesite offers the perfect setting to design the home you’ve always wanted. Enjoy living in Cape Coral, famous for its boating lifestyle, stunning

    Mariony Chourio Roman Mamba Realty LLC

    1001 Nelson Rd N, Cape Coral, FL 33993

Showing Results 281 - 320, Page 8 of 18

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