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$200,000 Just Listed
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Property Description
Build your dream waterfront estate on this premier corner lot situated in a highly desirable neighborhood of Southeast Cape Coral. Offering an expansive canvas along the water, this cleared piece of paradise is ready to welcome a custom residential masterpiece. Lined with mature palm trees that reflect perfectly off the calm canal, this location delivers the quintessential Southwest Florida lifestyle. Surround yourself with beautiful single-family homes in a quiet residential pocket. Seamlessly transition from your backyard to open water adventures. The aerial perspectives showcase the neighborhood's pristine layout, wide clean canals, and close proximity to intersecting water pathways. Whether you are looking to design a sprawling modern estate with a resort-style pool or a classic Florida oasis, this lot represents a rare opportunity to secure premium gulf access real estate. Bring your builder and start living the ultimate boater's lifestyle today!
Full Property Details
Full Property Details for 1939 SE 5th Terrace
General
- Price: $200,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 226024165
- Updated: 6/25/2026
- Added to Site: 3 day(s) ago
Additional Information
- Shared Amenities: Boating, Non-Gated
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: Southwest
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Utility Description: Other
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal, River
- Lot Size (Acres): 0.311
- Lot Size (Sq. Ft.): 13,547
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 1 x 1 x 1 x 1
- Frontage: Public Road
- Frontage Feet: 1
- Irrigation System: None
- Lot Features: Corner Lot, Oversize
- Zoning: R1-W
- Lot Description: Corner Lot, Oversize
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Bridge(s)/Water Indirect, No Bridge(s)/Water Direct, Canal Front, Seawall
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $643,086
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 18 BLK 1309 PB 13 PG 113 LOTS 34 + 35
- Property ID: 17-44-24-C4-01309.0340
- Section: 17
- Block: 1309
- Lot Number: 34
Listed by Keller Williams Elite Realty
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Schools
Schools serving 1939 SE 5th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 0.5 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 1.8 mi |
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903 | K-5 | 2 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 0.6 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 4.7 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3.1 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 1939 SE 5th Terrace
Date
Details
Price
Change
Source
6/25/2026
Listed
$200,000
376.19%
MLS
12/20/2011
Sold
$42,000
—
Public Record
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 5th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,038
4%
$56,651
-46%
2024
$1,966
37%
$104,262
6%
2023
$1,431
25%
$98,552
155%
2021
$1,143
-9%
$38,694
-35%
2022
$1,262
10%
$59,567
26%
2021
$1,143
15%
$47,206
43%
2018
$992
-5%
$33,028
-12%
2017
$1,047
10%
$37,689
13%
2016
$956
1%
$33,251
—
2015
$946
8%
$33,362
3%
2014
$874
-11%
$32,273
-2%
2019
$979
25%
$32,917
1%
2013
$786
—
$32,684
—
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 5th Terrace
1939 SE 5th Ter, Cape Coral, FL 33990 (MLS# 226024165) is a Residential Lots property with a lot size of 0.311 acres. 1939 SE 5th Ter is currently listed for $200,000 and was received on June 25, 2026. Want to learn more about 1939 SE 5th 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.

