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$154,900
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Property Description
There's a certain kind of waterfront property that does more than offer a place to build-it creates the backdrop for an entirely different pace of life. This Gulf access homesite along the Penelop Canal in Unit 61 offers that rare combination of immediate enjoyment and long-term opportunity, with approximately 80 feet of waterfront and a spacious 125-foot depth that gives you room to design a home tailored to the way you truly want to live. Here, the water naturally becomes part of your daily routine. Imagine stepping from your future lanai to your boat in just moments, with the freedom to head out for a sunrise cruise, a spontaneous afternoon on the islands, or a full day exploring the Gulf waters. From this location, destinations like Cayo Costa, Cabbage Key, Boca Grande, and Sanibel are all within easy reach, making waterfront dining, fishing adventures, and quiet beach escapes feel effortlessly accessible. One of the most underrated features of this property is its eastern rear exposure-a setting many waterfront buyers grow to appreciate more with time. Mornings begin with soft sunlight shimmering across the canal, creating a calm and welcoming atmosphere, while afternoons bring a more comfortable outdoor environment with natural shade over your future pool and lanai area. It's the kind of orientation that supports relaxed outdoor living year-round without the harsh intensity of direct western heat. The location also places you near one of Cape Coral's most exciting future developments. Situated roughly a mile from the highly anticipated Seven Islands project, this area continues to attract attention as new construction and infrastructure reshape the surrounding corridor. With plans for marina access, waterfront dining, recreation, entertainment, and gathering spaces, Seven Islands is expected to further elevate both lifestyle appeal and long-term value throughout Northwest Cape Coral. Beyond the boating lifestyle, everyday conveniences remain close at hand. A championship golf course sits just a few miles away, along with expanding shopping and dining options throughout the area. Travel is equally convenient, with Punta Gorda Airport approximately 20 miles away and Southwest Florida International Airport within about 30 miles. More than just vacant land, this property offers the opportunity to create something deeply personal-a home where mornings begin with reflections dancing on the water, afternoons unfold at a slower pace, and boating becomes woven into everyday life. As the surrounding area continues to grow and evolve, this homesite offers not only a beautiful setting for today, but also a meaningful investment in what's still to come.
Full Property Details
Full Property Details for 1637 NW 39th Ave
General
- Price: $154,900
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026020931
- Updated: 5/7/2026
- Added to Site: 15 day(s) ago
Additional Information
- Shared Amenities: None, Non-Gated
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
- Utility Description: None
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
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 80
- Irrigation System: None
- Lot Features: Regular
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 81-120
Financial Considerations
- Price Per Acre: $673,478
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Section: 31
- Block: 4315
- Lot Number: 190
Listed by RE/MAX Realty Team
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Schools
Schools serving 1637 NW 39th Ave
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 | 5.1 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 | 6 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 3.3 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.3 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 7 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 7.1 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 6.2 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 1637 NW 39th Ave
Date
Details
Price
Change
Source
5/07/2026
Listed
$154,900
—
MLS
Disclaimer: Historical sales 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 1637 NW 39th Ave
1637 NW 39th Ave, Cape Coral, FL 33993 (MLS# 2026020931) is a Residential Lots property with a lot size of 0.23 acres. 1637 NW 39th Ave is currently listed for $154,900 and was received on May 07, 2026. Want to learn more about 1637 NW 39th Ave? 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.

