PENDING
$4K PRICE DROP
2831 NW 3rd Terrace Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $299/month
Total Views
90
0.23
Acre
$180,261
Price per Acre
10,019
Sq Ft Lot
Highlights
- Waterfront
- Canal Access
- Rectangular Lot
- Cape Elementary School Rated A-
- Canal View
About This Lot
This vacant waterfront residential lot, located at 2831 NW 3rd Ter, Unit 55 is in the rapidly developing Northwest region of Cape Coral. It offers an excellent opportunity for custom home development. Measuring approximately 0.23 acres (10, 001 sq ft), the property features an 80-foot frontage and a depth of 125 feet, providing ample space for a spacious single-family home. Situated on a freshwater canal.
The area is primed for growth and offers easy access to shopping, dining, schools, and entertainment. Key Features: Location: Situated in Northwest Cape Coral, just minutes from essential amenities, including shopping, dining, schools, and parks.
This property is a fantastic investment for homebuilders looking to take advantage of the growth in Cape Coral.
Property Details
Property Type
- Land
Est. Annual Taxes
- $879
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- Waterfront
- South Facing Home
- Rectangular 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 24 / 4009
- Assessor Parcel Number 08-44-23-C4-04009.0240
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 | $879 | $13,310 | -- | -- |
| 2023 | $765 | $12,100 | $0 | $0 |
| 2022 | $634 | $11,000 | $0 | $0 |
| 2021 | $524 | $10,000 | $10,000 | $0 |
| 2020 | $542 | $12,000 | $12,000 | $0 |
| 2019 | $556 | $14,000 | $14,000 | $0 |
| 2018 | $542 | $14,000 | $14,000 | $0 |
| 2017 | $513 | $14,777 | $14,777 | $0 |
| 2016 | $479 | $14,300 | $14,300 | $0 |
| 2015 | $469 | $17,000 | $17,000 | $0 |
| 2014 | $382 | $12,900 | $12,900 | $0 |
| 2013 | -- | $7,800 | $7,800 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Pending | -- | -- | -- |
| 08/12/2025 08/12/25 | Price Changed | $41,460 | -7.9% | -- |
| 08/01/2025 08/01/25 | For Sale | $45,000 | -40.0% | -- |
| 07/15/2024 07/15/24 | Sold | $75,000 | 0.0% | -- |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 07/01/2023 07/01/23 | For Sale | $75,000 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | Cape Coral Title | |
| Warranty Deed | $119,900 | Bay Title Services |
Source: Public Records
Similar Property in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 2025004061
APN: 08-44-23-C4-04009.0240
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