1118 SW 31st Ter, Cape Coral, FL 33914 - Photo 1

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$195,000 Just Listed

For Sale
Active
Residential Lots
0.246 Acres
Updated 11 hours ago

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Property Description

Prime waterfront opportunity in the heart of Cape Coral, ideally situated on the navigable Barkentine Canal in highly desirable SW Cape Coral. This exceptional lot offers stunning sunset views and direct access for fishing, kayaking, and boating right from your backyard. Featuring an extended 97' seawall, the property showcases expansive, unobstructed views of intersecting canals, enhancing both value and lifestyle appeal. Located close to shopping, dining, schools, medical facilities, and golf courses, it combines convenience with waterfront living. City water is in place and the property is NOT in a FLOOD ZONE, making it fully ready for your dream build. A rare opportunity to secure a premium homesite in a sought-after location.

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Full Property Details

Full Property Details for 1118 SW 31st Terrace

General

Price: $195,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026024565
Updated: Today (6/3/2026)
Added to Site: Today

Additional Information

Shared Amenities: Non-Gated

Location

Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: Northwest

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Unpaid
Water: Assessment Unpaid, Irrigation Water
Utility Description: Sewer Available, Water Available

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: Canal
Lot Size (Acres): 0.246
Lot Size (Sq. Ft.): 10,715
Lot Size Source: Property Appraiser Office
Lot Dimensions: 75 x 98 x 125 x 125
Frontage Feet: 75
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: Assessment Unpaid
Lot Features: Irregular Lot
Zoning: R1-W
Lot Description: Irregular Lot

Water Features

Water Front: Yes
Water Front Desc.: Canal Front
Canal Width: Canal Width 121-150

Financial Considerations

Price Per Acre: $792,682
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 66 BLK 3229 PB 22 PG 16 LOT 27 + 28
Property ID: 34-44-23-C3-03229.0270
Section: 34
Block: 3229
Lot Number: 27

Listed by 1 Royal Real Estate, LLC

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Schools

Schools serving 1118 SW 31st Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914	K-5	1 mi
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	1.2 mi
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904	K-5	3.6 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	1 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	2.2 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	1.2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	1.6 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	7.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1118 SW 31st Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/03/2026

Listed

$195,000

333.33%

MLS

10/22/2018

Sold

$45,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1118 SW 31st Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,874

$49,779

-33%

2024

$2,805

$74,328

23%

2023

$2,646

$60,662

78%

2021

$2,434

-6%

$34,000

-49%

2022

$2,601

$67,184

60%

2019

$2,466

$42,000

2018

$2,444

17%

$40,000

33%

2017

$2,096

-3%

$30,000

—

2016

$2,158

$30,000

20%

2015

$2,092

$25,000

79%

2014

$1,953

$14,000

16%

2013

$1,869

—

$12,100

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1118 SW 31st Terrace

1118 SW 31st Ter, Cape Coral, FL 33914 (MLS# 2026024565) is a Residential Lots property with a lot size of 0.246 acres. 1118 SW 31st Ter is currently listed for $195,000 and was received on June 03, 2026. Want to learn more about 1118 SW 31st Ter? Do you have questions about finding other Residential Lots real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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1118 SW 31st Terrace Cape Coral, FL 33914