1928 NE 42nd Ter, Cape Coral, FL 33909 - Photo 1

Save This Listing

1/6

View All Photos

$75,000

For Sale
Active
Residential Lots
0.23 Acres

See This Home

Save This Listing

1/6

Property Description

Discover one of the finest lots on the expansive Gator Slough canal, offering a breathtaking wide water view. Your property features a south-facing backyard. A brand-new 85-foot seawall was installed in 2024, allowing your builder to begin construction without delay. This lot is ideally situated in Northeast Cape Coral, providing quick access to downtown Fort Myers and the Pine Island Road corridor. Enjoy proximity to excellent dining and shopping options. Plus, the peace of mind that comes with no need for flood insurance!

Virtual Tour

Full Property Details

Full Property Details for 1928 NE 42nd Terrace

General

Price: $75,000
Taxes: (2023)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 225008145
Updated: 12/10/2025
Added to Site: 363 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

Area: CC32 - Cape Coral Unit 84-88
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: De Navarra Pkwy to right on E Gator Circle then right on NE 42nd Ter. to the third lot on the left.
Direction Faces: South

Community

Assoc. Fees Include: None

Utilities

Sewer: None
Water: None
Utility Description: Electricity 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
Lot Dimensions: 125 x 80 x 80 x 125
Frontage Feet: 125
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: Regular
Zoning: R1-W
Lot Description: Regular

Water Features

Water Front: Yes
Water Front Desc.: Canal Front, Seawall
Canal Width: Canal Width 31-80

Financial Considerations

Price Per Acre: $326,086
Tax Year: 2023
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 88 BLK 5821 PB 24 PG 141 LOTS 5 + 6
Property ID: 17-43-24-C1-05821.0050
Section: 17
Block: 5821
Lot Number: 5

Listed by Flatfee.com

Quickly Find Out More

* Indicates a required field

Comment optional

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1928 NE 42nd Terrace —

Flatfee.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 1928 NE 42nd Terrace

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

Name	Grades	Distance
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.1 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	3.6 mi
North Fort Myers Academy For The Arts 1856 Arts Way, North Fort Myers, FL 33917	6-8	3.9 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	3.6 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	6.4 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	6.8 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	0.7 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	5.4 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	6.5 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 1928 NE 42nd Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/02/2025

Price Reduced

$75,000

-13.29%

MLS

1/21/2025

Listed

$86,500

—

MLS

Get Price Alerts and Save Property

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 1928 NE 42nd Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$524

-46%

$36,338

11%

2024

$979

$32,662

-16%

2023

$944

85%

$39,002

333%

2021

$509

-33%

$9,000

-64%

2022

$765

50%

$24,711

169%

2021

$509

-5%

$9,200

-26%

2018

$538

$12,401

2017

$494

$12,274

-6%

2016

$468

$13,000

-19%

2015

$460

24%

$16,000

38%

2014

$370

-29%

$11,600

-3%

2019

$524

93%

$12,000

56%

2013

$271

—

$7,700

—

View All

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 1928 NE 42nd Terrace

1928 NE 42nd Ter, Cape Coral, FL 33909 (MLS# 225008145) is a Residential Lots property with a lot size of 0.23 acres. 1928 NE 42nd Ter is currently listed for $75,000 and was received on January 21, 2025. Want to learn more about 1928 NE 42nd 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.

Tour this property

1928 NE 42nd Terrace Cape Coral, FL 33909