No photo available
$35,000
Property Description
Build your DREAM HOME on this prime WATERFRONT OVERSIZE lot with optimal SOUTHERN EXPOSURE, located OUTSIDE the 100-year FLOOD ZONE! Situated on a quiet, paved public road with no through traffic, this property offers the perfect balance of peace, quiet, and incredible convenience. Only 1.1 miles from Island Coast High School (5-min bike ride), you are just 7 minutes from the Shoppes at Del Prado (Publix, Walgreens, more) and 11 minutes from Northpoint Shopping Center (Lowes, Walmart, more). Outdoor enthusiasts will love being 2 minutes from the 16.8-acre Gator Trails Park, while Tura and Sabal Spring Golf Clubs are just 9 minutes away. Act now and secure your piece of paradise!
Full Property Details
Full Property Details for 2318 NE 42nd Terrace
General
- Price: $35,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026004441
- Updated: 1/26/2026
- Added to Site: 77 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
- Direction Faces: North
Community
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Trash Removal
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.281
- Lot Size (Sq. Ft.): 12,240
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 60 x 140 x 130 x 130
- Frontage: Public Road
- Frontage Feet: 60
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: None
- Lot Features: Across From Waterfront, Irregular Lot
- Potential Use: See Remarks
- Trees/Vegetation: Other/Remarks, Brush, Grassed
- Zoning: R1-W
- Lot Description: Across From Waterfront, Irregular Lot
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater
- Canal Width: Canal Width 31-80
Financial Considerations
- Price Per Acre: $124,555
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 88 BLK 5803 PB 24 PG 137 LOT 4
- Property ID: 17-43-24-C2-05803.0040
- Section: 17
- Block: 5803
- Lot Number: 4
Listed by Florida Home Realty Inc.
Get Pre-Approved Today
Schools
Schools serving 2318 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 | 2.8 mi |
North Fort Myers Academy For The Arts 1856 Arts Way, North Fort Myers, FL 33917 | 6-8 | 3.4 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3.7 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.7 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 6.4 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 0.6 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 5.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 6.8 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 4.9 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 2318 NE 42nd Terrace
Date
Details
Price
Change
Source
1/26/2026
Listed
$35,000
—
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 2318 NE 42nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$335
-62%
$39,841
—
2024
$875
10%
$39,842
11%
2023
$794
47%
$35,736
325%
2021
$541
-15%
$8,400
-63%
2022
$638
18%
$22,641
154%
2021
$541
-4%
$8,925
-26%
2018
$564
8%
$12,070
-3%
2017
$524
11%
$12,436
25%
2016
$472
-11%
$9,975
-5%
2019
$532
17%
$10,500
-12%
2015
$455
2%
$11,970
18%
2014
$446
46%
$10,185
13%
2013
$305
—
$9,000
—
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 2318 NE 42nd Terrace
2318 NE 42nd Ter, Cape Coral, FL 33909 (MLS# 2026004441) is a Residential Lots property with a lot size of 0.281 acres. 2318 NE 42nd Ter is currently listed for $35,000 and was received on January 26, 2026. Want to learn more about 2318 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.
