2589 NW 5th Place Cape Coral, FL 33993
Mariner NeighborhoodEstimated payment $393/month
Total Views
333
0.24
Acre
$243,852
Price per Acre
10,629
Sq Ft Lot
Highlights
- Waterfront
- Canal Access
- Oversized Lot
- Cape Elementary School Rated A-
- Canal View
About This Lot
Experience panoramic views from this exceptional oversized homesite positioned on a pristine freshwater basin flowing directly into the picturesque Carousel Lake. Each morning, be captivated by spectacular sunrises painting the sky with brilliant colors that reflect magnificently across the expansive water vista. This premier property presents the perfect canvas for your custom dream home, situated in the flourishing Northwest Cape Coral neighborhood where rapid development signals tremendous growth potential and increasing property values. Strategically located near the prestigious Coral Oaks Golf Course and just moments from the highly anticipated Festival Park development, you'll soon enjoy premium recreational amenities that complement the peaceful waterfront lifestyle. Imagine spending your days embracing the tranquility of waterfront living—kayaking through serene waterways, fishing from your private shoreline, or exploring the interconnected canal system and Carousel Lake by small boat. Whether you're ready to build immediately or seeking a smart investment opportunity in one of Cape Coral's most promising areas, this oversized waterfront property offers exceptional value in today's competitive market where premium waterfront homesites are increasingly scarce. Don't miss this wonderful opportunity to secure your slice of Florida waterfront paradise in a thriving community poised for continued growth and appreciation.RetryClaude can make mistakes. Please double-check responses.
Property Details
Property Type
- Land
Est. Annual Taxes
- $831
Lot Details
- 10,629 Sq Ft Lot
- Lot Dimensions are 77 x 126 x 94 x 125
- Waterfront
- West Facing Home
- Oversized Lot
- Irregular Lot
- Property is zoned R1-W
Property Views
- Canal Views
Utilities
- Water Not Available
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 1 / 2806
- Assessor Parcel Number 26-43-23-C4-02806.0010
Community Details
Overview
- Cape Coral Subdivision
Recreation
- Canal Access
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $831 | $12,298 | -- | -- |
| 2023 | $804 | $11,180 | $0 | $0 |
| 2022 | $638 | $10,164 | $0 | $0 |
| 2021 | $521 | $9,450 | $9,450 | $0 |
| 2020 | $484 | $8,400 | $8,400 | $0 |
| 2019 | $462 | $8,400 | $8,400 | $0 |
| 2018 | $542 | $14,070 | $14,070 | $0 |
| 2017 | $528 | $17,523 | $17,523 | $0 |
| 2016 | $468 | $13,020 | $13,020 | $0 |
| 2015 | $419 | $10,500 | $10,500 | $0 |
| 2014 | -- | $12,432 | $12,432 | $0 |
| 2013 | -- | $7,500 | $7,500 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2025 03/10/25 | For Sale | $59,500 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $179,900 | Fidelity National Title Ins | |
| Quit Claim Deed | $4,500 | -- | |
| Warranty Deed | $2,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,900 | Purchase Money Mortgage |
Source: Public Records
Similar Property in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225025196
APN: 26-43-23-C4-02806.0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved
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