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

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$119,999 -$9,001 (-6.98%) Price Reduced

For Sale
Active
Residential Lots
0.266 Acres
Updated 6 days ago

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Property Description

Priced right and seller's ready to sell! Beautiful residential lot overlooking the Barkentine fresh water canal. Southern exposure, offering a beautiful back drop your new dream home. Desirable SW Cape Coral area, close to schools, shopping, and offers very easy access. City water & city sewer available. Extra savings, concrete seawall already installed. Grab your piece of paradise before it is gone!

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Full Property Details

Full Property Details for 118 SW 31st Terrace

General

Price: $119,999
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2025015754
Updated: 1/11/2026
Added to Site: 89 day(s) ago

Additional Information

Shared Amenities: None, Boating, 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: North

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Unpaid
Water: Assessment Unpaid, Central
Utility Description: Other

Structural Information

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

Lot Features

Property View: Canal
Lot Size (Acres): 0.266
Lot Size (Sq. Ft.): 11,586
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 146 x 146
Frontage: Public Road
Frontage Feet: 80
Road Maintenance: City Maintained
Irrigation System: Assessment Unpaid
Lot Features: Oversize
Zoning: R1-W
Lot Description: Oversize

Water Features

Water Front: Yes
Water Front Desc.: Freshwater, Seawall
Canal Width: Canal Width 81-120
Boat Dock Slip: Yes

Financial Considerations

Price Per Acre: $451,124
Tax Year: 2024
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 45 PT.1 BLK.1831 PB 21 PG 138 LOTS 12 + 13
Property ID: 35-44-23-C3-01831.0120
Section: 35
Block: 1831
Lot Number: 12

Listed by Century 21 Allpoints Realty

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Schools

Schools serving 118 SW 31st Terrace

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

Name	Grades	Distance
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	0.6 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	1.8 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	2 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	2.1 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	2.3 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	3.2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	1.1 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	2.6 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.3 mi

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

Price & Sales History for 118 SW 31st Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/11/2026

Price Reduced

$119,999

-6.98%

MLS

10/21/2025

Listed

$129,000

57.32%

MLS

5/23/2022

Sold

$82,000

—

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 118 SW 31st Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,143

-61%

$74,290

-8%

2024

$2,956

$80,580

11%

2023

$2,787

40%

$72,548

169%

2021

$1,987

-16%

$27,000

-45%

2022

$2,364

19%

$49,047

91%

2021

$1,987

11%

$25,700

45%

2019

$1,798

$17,716

10%

2018

$1,781

$16,105

-22%

2017

$1,730

-4%

$20,753

-6%

2016

$1,799

$22,000

50%

2015

$1,719

$14,700

34%

2014

$1,633

$11,000

—

2013

$1,575

—

$11,000

—

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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 118 SW 31st Terrace

118 SW 31st Ter, Cape Coral, FL 33914 (MLS# 2025015754) is a Residential Lots property with a lot size of 0.266 acres. 118 SW 31st Ter is currently listed for $119,999 and was received on October 21, 2025. Want to learn more about 118 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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118 SW 31st Terrace Cape Coral, FL 33914