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$115,000
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Property Description
The lure of building new to safe current building codes and elevations is strong. Located on the 100ft Wide Penelop Canal with west exposure. There's nothing like a beautiful September sunset. This oversized lot is 85x125 also allows an owner to build a little wider or have more space between neighbors than our regular sized properties. For boaters there is only one bridge to Charlotte Harbour, the barrier islands, and out to the Gulf of Mexico. Plan for the future. See google earth tour attached.
Full Property Details
Full Property Details for 1616 NW 38th Pl
General
- Sold For: $115,000
- Taxes: (2021)
- Status: Closed
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2025018327
- Added to Site: 76 day(s) ago
Additional Information
- Shared Amenities: Boating
Location
- Area: CC43 - Cape Coral Unit 58, 59-61, 76,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: East
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Trash Removal
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.244
- Lot Size (Sq. Ft.): 10,628
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 85 x 85 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 85
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: None
- Lot Features: Oversize
- Zoning: R1-W
- Lot Description: Oversize
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $471,311
- Tax Year: 2021
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 61 BLK 4314 PB 21 PG 5 LOTS 78 + 79
- Property ID: 31-43-23-C4-04314.0780
- Section: 31
- Block: 4314
- Lot Number: 78
Listed and Sold by Miloff Aubuchon Realty Group
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Schools
Schools serving 1616 NW 38th Pl
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 5 mi |
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 5.2 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 5.9 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 3.3 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.9 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 6.9 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 7 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 1616 NW 38th Pl
Date
Details
Price
Change
Source
1/08/2026
Sold
$115,000
-22.82%
MLS
11/03/2025
Listed
$149,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1616 NW 38th Pl, Cape Coral, FL 33993 (MLS# 2025018327) is a Residential Lots property that was sold at $115,000 on January 08, 2026. Want to learn more about 1616 NW 38th Pl? 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.

