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$525,000
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Property Description
Presenting an extraordinary opportunity to create a bespoke waterfront residence at 1939 SE 37th Terrace in Cape Coral, Florida. This expansive 14,854-square-foot homesite offers an exceptional canvas for refined coastal living in one of Southwest Florida's most desirable boating communities. Designed for those who appreciate both elegance and lifestyle, the property features quick, direct boating access to the Caloosahatchee River, opening the door to world-class destinations including Fort Myers Beach, Sanibel, and Captiva. Whether departing for sunset cruises or full days on the water, this location delivers effortless access to the Gulf lifestyle. The generous lot dimensions provide the flexibility to design a custom luxury estate with resort-style outdoor living, expansive entertaining areas, and architectural features that fully embrace the surrounding water views. Here, privacy, space, and sophistication converge to offer a rare opportunity to craft a truly exceptional home. Set within a prime Cape Coral location known for its waterfront appeal and enduring value, this property represents more than just land-it is an invitation to elevate your lifestyle. Secure your place on the water and bring your vision of luxury living to life. Inquire today for additional details and private consultation.
Full Property Details
Full Property Details for 1939 SE 37th Terrace
General
- Price: $525,000
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 226000050
- Updated: 1/1/2026
- Added to Site: 17 day(s) ago
Additional Information
- Shared Amenities: None, Boating, Non-Gated
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Central
- Water: Central, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.341
- Lot Size (Sq. Ft.): 14,853
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 104 x 138 x 126 x 123
- Frontage: Public Road
- Frontage Feet: 104
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: Reclaimed
- Lot Features: 3 Lots, Cul-De-Sac, Oversize
- Zoning: R1-W
- Lot Description: 3 Lots, Cul-De-Sac, Oversize
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Navigable Water, Seawall
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $1,539,589
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 11 BLK.566 PB 13 PG 44 LOTS 41 + 42
- Property ID: 05-45-24-C3-00566.0410
- Section: 5
- Block: 566
- Lot Number: 41
Listed by Compass Florida, LLC
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Schools
Schools serving 1939 SE 37th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.5 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 3 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 5.1 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 5 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5.9 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.4 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 5.2 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 5.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.3 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 1939 SE 37th Terrace
Date
Details
Price
Change
Source
1/01/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1939 SE 37th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,168
-4%
$479,371
13%
2024
$5,385
25%
$423,605
57%
2023
$4,302
20%
$269,176
51%
2021
$3,592
-6%
$178,237
-22%
2022
$3,811
6%
$229,614
35%
2021
$3,592
-6%
$170,187
-7%
2019
$3,829
10%
$182,146
10%
2018
$3,473
-4%
$165,587
-17%
2017
$3,631
6%
$200,125
4%
2016
$3,425
3%
$192,037
—
2015
$3,327
11%
$192,037
19%
2014
$3,003
-2%
$161,000
-16%
2013
$3,071
—
$192,400
—
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 1939 SE 37th Terrace
1939 SE 37th Ter, Cape Coral, FL 33904 (MLS# 226000050) is a Residential Lots property with a lot size of 0.341 acres. 1939 SE 37th Ter is currently listed for $525,000 and was received on January 01, 2026. Want to learn more about 1939 SE 37th 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.

