$525,000
$55K PRICE DROP

Estimated payment $3,216/month

Total Views 2,882
0.34 Acre
$1,539,589 Price per Acre
14,854 Sq Ft Lot

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Lot

Discover the perfect canvas for your dream home at 1939 Southeast 37th Terrace in the vibrant city of Cape Coral, FL. This expansive vacant lot measures 14,854 square feet, offering you plenty of space to design and build your ideal residence.

With quick access out to the Caloosahatchee River, this property is a boater’s dream come true, providing easy routes to explore the tranquil waters leading to Fort Myers Beach, Sanibel, and Captiva. Imagine the possibilities of creating a custom home that takes full advantage of the stunning surroundings and river access.

Envision your future oasis in this prime location, where you can enjoy the best of Southwest Florida living. Whether you're dreaming of a modern masterpiece or a cozy retreat, this is your opportunity to bring your vision to life.

Don't miss out on the chance to build in a sought-after area that combines both convenience and natural beauty. Contact us today to learn more about this incredible lot and start planning your future!

Listing Agent

Joseph Casella

Compass Florida, LLC License #3280469 Listed on: 05/05/2025

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,385

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 104 x 126 x 138 x 123
  • Home fronts a seawall
  • Home fronts navigable water
  • South Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 41 / 566
  • Assessor Parcel Number 05-45-24-C3-00566.0410

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,385

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.341
  • Lot Size: 104 x 126 x 138 x 123
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-24-C3-00566.0410
  • Zoning Description: R1-W

Tax Info

  • Tax Annual Amount: 5384.86
  • Tax Block: 566
  • Tax Lot: 41
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,385 $260,957 -- --
2024 $5,385 $237,234 -- --
2023 $4,302 $215,667 $0 $0
2022 $3,811 $196,061 $0 $0
2021 $3,592 $178,237 $178,237 $0
2020 $3,528 $170,187 $167,900 $2,287
2019 $3,829 $203,537 $201,250 $2,287
2018 $3,473 $165,587 $163,300 $2,287
2017 $3,631 $200,125 $197,838 $2,287
2016 $3,425 $192,037 $192,037 $0
2015 $3,327 $192,037 $192,037 $0
2014 $3,003 $161,000 $161,000 $0
2013 -- $192,400 $192,400 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Price Changed $525,000 -4.5% --
08/19/2025 08/19/25 Price Changed $550,000 -5.2% --
05/05/2025 05/05/25 For Sale $580,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225044257

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C3-00566.0410