2723 NE 5th Pl, Cape Coral, FL 33909 - Photo 1

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$45,000

For Sale
Active
Residential Lots
0.244 Acres

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Property Description

Beautiful 120' freshwater canal Lot in NE Cape Coral. NOT IN A FLOOD ZONE. This buildable lot offers a scenic canal view where you can watch the sunrise on this Eastern rear exposure lot and enjoy outdoor living without the intense afternoon sun. Whether you envision a cozy retreat or a long-term investment in one of Southwest Florida's fastest-growing cities, this property delivers both potential and value. Conveniently located near shopping, dining, schools, and with quick access to main roads.

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Full Property Details

Full Property Details for 2723 NE 5th Pl

General

Price: $45,000
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 225052944
Updated: 12/10/2025
Added to Site: 222 day(s) ago

Additional Information

Shared Amenities: Street Lights, Non-Gated

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: From North Del Prado take Kismet Pkwy E, make a right on NE 6th Ave. Make a left onto NE 27th Terr and then right on NE 5th place, property is the 2nd one on the right.
Direction Faces: West

Community

Assoc. Fees Include: Street Lights

Utilities

Sewer: Septic Tank
Water: Well
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone 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): 0.244
Lot Size (Sq. Ft.): 10,628
Lot Size Source: Property Appraiser Office
Lot Dimensions: 85 x 85 x 125 x 125
Frontage Feet: 85
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: Well
Elevation (Approx.): 0-5 Feet
Lot Features: Regular
Potential Use: Suburb
Trees/Vegetation: Grassed
Zoning: R1-W
Lot Description: Regular

Water Features

Water Front: Yes
Water Front Desc.: Canal Front, Freshwater
Canal Width: Canal Width 81-120

Financial Considerations

Price Per Acre: $184,426
Tax Year: 2024
Terms: Buyer Finance/Cash, FHA

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 36 BLK 2351 PB 16 PG 124 LOTS 76 + 77
Property ID: 25-43-23-C3-02351.0760
Section: 25
Block: 2351
Lot Number: 76

Listed by Weichert Realtors Agency ONE

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Schools

Schools serving 2723 NE 5th Pl

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

Name	Grades	Distance
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	1.5 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	2.9 mi
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	3.3 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.4 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	4 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	4.2 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	2.6 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	3.7 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.3 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 2723 NE 5th Pl Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/10/2025

Price Reduced

$45,000

-18.18%

MLS

6/09/2025

Listed

$55,000

—

MLS

9/09/2004

Sold

$55,000

—

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 2723 NE 5th Pl

Year

Property Taxes

Change

Tax Assessment

Change

2025

$481

-50%

$36,338

-1%

2024

$965

12%

$36,578

21%

2023

$863

74%

$30,116

276%

2021

$496

-31%

$8,000

-63%

2022

$718

45%

$21,500

85%

2021

$496

-12%

$11,600

-17%

2019

$562

—

$13,996

10%

2018

$560

11%

$12,724

-1%

2017

$504

$12,839

2016

$467

$12,000

-17%

2015

$454

22%

$14,500

31%

2014

$372

34%

$11,100

41%

2013

$277

—

$7,900

—

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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 2723 NE 5th Pl

2723 NE 5th Pl, Cape Coral, FL 33909 (MLS# 225052944) is a Residential Lots property with a lot size of 0.244 acres. 2723 NE 5th Pl is currently listed for $45,000 and was received on June 09, 2025. Want to learn more about 2723 NE 5th Pl? 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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2723 NE 5th Pl Cape Coral, FL 33909