229 SE 28th Ter, Cape Coral, FL 33904 - Photo 1

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$244,000

For Sale
Active
Residential Lots
0.266 Acres

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Property Description

STOP right here! Rare opportunity to own this extra large gulf-access lot on Mast Canal in SE Cape Coral. A perfect place to enjoy stunning sunsets. This great property features seawall completed in 2023, 100 ft water frontage, 145 ft deep and ONLY 1 bridge to cross. BOAT LOVERS - no boat lock!!! PLUS, Assessments are in and paid. Property did NOT flood during Hurricane Ian, nor did the neighboring houses. Locations like THIS are harder and harder to come by. Build the home of your dreams and start enjoying the lifestyle you've always wanted and so deserve!

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Full Property Details

Full Property Details for 229 SE 28th Terrace

General

Price: $244,000
Taxes: $3,000 (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2025023579
Updated: 12/10/2025
Added to Site: 43 day(s) ago

Additional Information

Shared Amenities: No Subdivision

Location

Area: CC13 - Cape Coral Unit 19-21, 25, 26, 89
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: From Santa Barbara Blvd S go East on 28th Terrace, the lot is on your left
Direction Faces: South

Community

Assoc. Fees Include: Maintenance Grounds

Utilities

Sewer: Assessment Paid
Water: Assessment Paid
Utility Description: Sewer Available, Water Available

Structural Information

Description/Design: Residential Lot
Elevator Desc: 0-5 Feet
Current Bldg. Use: Single Family

Lot Features

Property View: Canal
Lot Size (Acres): 0.266
Lot Size (Sq. Ft.): 11,586
Lot Size Source: Survey
Lot Dimensions: 80 x 80 x 145 x 145
Frontage: Access Road
Frontage Feet: 80
Irrigation System: Assessment Paid
Elevation (Approx.): 0-5 Feet
Lot Features: Oversize
Zoning: R1-W
Lot Description: Oversize

Water Features

Water Front: Yes
Gulf Access: Yes
Water Front Desc.: Canal Front, Seawall
Canal Width: Canal Width 81-120

Financial Considerations

Price Per Acre: $917,293
Tax Amount: $3,000
Tax Year: 2024
Terms: Buyer Finance/Cash, Cash, FHA, VA Loan

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 26 BLK 879 PB 14 PG 131 LOTS 39 + 40
Property ID: 36-44-23-C4-00879.0390
Section: 36
Block: 879
Lot Number: 39

Listed by Dalton Wade Inc

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— 229 SE 28th Terrace —

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Schools

Schools serving 229 SE 28th Terrace

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

Name	Grades	Distance
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	1.2 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	1.6 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	1.9 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	1.9 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	2.8 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	3.3 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	0.9 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	3 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	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 229 SE 28th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/06/2025

Listed

$244,000

35.56%

MLS

2/15/2022

Sold

$180,000

—

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 229 SE 28th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,298

-23%

$149,388

-7%

2024

$3,000

12%

$161,132

19%

2023

$2,668

70%

$135,943

70%

2021

$1,573

-15%

$80,000

-39%

2022

$1,847

17%

$131,946

113%

2021

$1,573

27%

$62,000

39%

2018

$1,234

-8%

$44,612

-44%

2017

$1,343

$80,000

—

2016

$1,296

$80,000

63%

2019

$1,285

$49,073

-36%

2015

$1,240

21%

$77,200

35%

2014

$1,029

43%

$57,000

106%

2013

$720

—

$27,700

—

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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 229 SE 28th Terrace

229 SE 28th Ter, Cape Coral, FL 33904 (MLS# 2025023579) is a Residential Lots property with a lot size of 0.266 acres. 229 SE 28th Ter is currently listed for $244,000 and was received on December 06, 2025. Want to learn more about 229 SE 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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229 SE 28th Terrace Cape Coral, FL 33904