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$60,000
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Property Description
Build your dream waterfront home on this stunning lot with intersecting canal views and access to lakes and basin areas. Kayak or fish right from your backyard and enjoy peaceful water views every day. Located on a quiet freshwater canal in a highly desirable Cape Coral neighborhood, this rare property offers both serenity and convenience. NO flood insurance required-and offers city water and sewer with assessments almost paid in full. Set in a well-established area near the rapidly growing Pine Island Corridor, you'll enjoy easy access to shopping, dining, and major roadways. A perfect opportunity to create your ideal Florida retreat or invest in a prime location.
Full Property Details
Full Property Details for 1407 SW 1st Terrace
General
- Sold For: $60,000
- Taxes: (2025)
- Status: Closed
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026005844
- Added to Site: 61 day(s) ago
Additional Information
- Shared Amenities: Non-Gated
Location
- Area: CC41 - Cape Coral Unit 37-43, 48, 49
- County: Lee
- Subdivision: NOT APPLICABLE
- Building Name: NOT APPLICABLE
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Assessment Unpaid, Central
- Water: Assessment Unpaid, Central, 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): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Road Maintenance: City Maintained
- Irrigation System: Assessment Unpaid, See Remarks
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 31-80
Financial Considerations
- Price Per Acre: $260,869
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 49 BLK 3660 PB 17 PG 151 LOTS 33 + 34
- Property ID: 15-44-23-C1-03660.0330
- Section: 15
- Block: 3660
- Lot Number: 33
Listed by Armada Real Estate, Inc.
Sold by FGC Non-MLS Office
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Schools
Schools serving 1407 SW 1st Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 1.8 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 2.2 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 2.3 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 0.9 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 2.1 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 1.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.1 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.4 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 2.4 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 1407 SW 1st Terrace
Date
Details
Price
Change
Source
3/09/2026
Sold
$60,000
1.78%
MLS
2/02/2026
Listed
$58,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1407 SW 1st Ter, Cape Coral, FL 33991 (MLS# 2026005844) is a Residential Lots property that was sold at $60,000 on March 09, 2026. Want to learn more about 1407 SW 1st 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.

