224 NW 28th Ter, Cape Coral, FL 33993 - Photo 1

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$49,000

For Sale
Active
Residential Lots
0.366 Acres

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Property Description

Building a dream home in Southwest Florida? This .366-acre oversized corner lot in Central Cape Coral is a rare find that perfectly balances space, privacy, and convenience.Property OverviewLocated at 224 NW 28th TER, this property offers a generous 15,943 sq. ft. canvas for a custom single-family residence. Its unique "inside corner" positioning provides extra design flexibility and a sense of seclusion within a growing, vibrant neighborhood.Location & LifestyleThe lot is strategically placed to keep you connected to the best of the Gulf Coast:Everyday Essentials: Just minutes from local schools, parks, shopping centers, and diverse dining options.Coastal Escapes: Enjoy a short drive to the artistic charm of Matlacha, the Waterfront Resturants in Downtown Cape Coral and Fort Myers.Seamless Commutes: Quick access to major arteries like Burnt Store Road and Pine Island Road makes traveling through Lee County effortless.Key HighlightsFeatureDetailsSize.37 Acres (approx. 58x189x175x125)ZoningR1-D (Single Family Residential)ExposureSouthwest Rear Exposure (ideal for sunsets/pools)UtilitiesSeptic & Well requiredAnnual Taxes$990 (2024)Note: With no HOA fees and a central location, this lot is an excellent choice for both immediate custom construction or as a long-term investment in Cape Coral's expanding market.

Full Property Details

Full Property Details for 224 NW 28th Terrace

General

Price: $49,000
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026012536
Updated: 3/14/2026
Added to Site: 23 day(s) ago

Additional Information

Shared Amenities: None, Boating

Location

Area: CC41 - Cape Coral Unit 37-43, 48, 49
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: Northeast

Community

Assoc. Fees Include: None
Management Type: None

Utilities

Sewer: None, Septic Tank
Water: None, Well
Utility Description: None

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: Landscaped Area
Lot Size (Acres): 0.366
Lot Size (Sq. Ft.): 15,942
Lot Size Source: Property Appraiser Office
Lot Dimensions: 58 x 175 x 189 x 125
Frontage: Public Road
Frontage Feet: 58
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: None, Well
Lot Features: Oversize, See Remarks
Trees/Vegetation: Grassed
Zoning: R1-D
Lot Description: Oversize, See Remarks

Water Features

Water Front Desc.: None
Canal Width: None
Boat Dock Slip: Yes

Financial Considerations

Price Per Acre: $133,879
Tax Year: 2024
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 40 BLK 2783 PB 17 PG 90 LOTS 7 + 8
Property ID: 26-43-23-C2-02783.0070
Section: 26
Block: 2783
Lot Number: 7

Listed by ERA Cape Realty

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Schools

Schools serving 224 NW 28th Terrace

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

Name	Grades	Distance
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	3.3 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	5.8 mi
North Fort Myers Academy For The Arts 1856 Arts Way, North Fort Myers, FL 33917	6-8	6 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	2.2 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	4.7 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	3.2 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	3.4 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	5.2 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	6.1 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 224 NW 28th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/14/2026

Listed

$49,000

-29.9%

MLS

5/24/2005

Sold

$69,900

—

Public Record

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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 224 NW 28th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$337

-66%

$41,990

-10%

2024

$990

17%

$46,579

46%

2023

$844

39%

$31,979

276%

2021

$608

-9%

$8,500

-47%

2022

$670

10%

$15,938

81%

2021

$608

14%

$8,800

51%

2018

$534

$5,845

-52%

2017

$506

-6%

$12,193

90%

2019

$540

19%

$6,430

-36%

2016

$455

16%

$10,000

64%

2015

$391

18%

$6,100

2014

$332

29%

$6,016

23%

2013

$258

—

$4,900

—

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 224 NW 28th Terrace

224 NW 28th Ter, Cape Coral, FL 33993 (MLS# 2026012536) is a Residential Lots property with a lot size of 0.366 acres. 224 NW 28th Ter is currently listed for $49,000 and was received on March 14, 2026. Want to learn more about 224 NW 28th 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.

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224 NW 28th Terrace Cape Coral, FL 33993