301 NW 5th Ter, Cape Coral, FL 33993 - Photo 1

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$43,000 Just Listed

For Sale
Active
Residential Lots
0.23 Acres
Updated 1 day ago

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Property Description

Build your dream home on this beautiful freshwater canal lot located in the rapidly growing Northwest Cape Coral area. Offering approximately 10,019 square feet, this waterfront homesite provides the perfect setting for enjoying Southwest Florida living with peaceful canal views, fishing, kayaking, and boating right from your backyard. Surrounded by newer homes and ongoing development, this property is ideally situated near shopping, dining, schools, parks, and convenient access to major roadways. Whether you're building your forever home, a seasonal retreat, or an investment property, this lot offers an outstanding opportunity in one of Cape Coral's most desirable growth corridors. Don't miss your chance to own a piece of paradise in sunny Cape Coral!

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Full Property Details

Full Property Details for 301 NW 5th Terrace

General

Price: $43,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026024156
Updated: 5/31/2026
Added to Site: 1 day(s) ago

Additional Information

Shared Amenities: None, Non-Gated

Location

Area: CC41 - Cape Coral Unit 37-43, 48, 49
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
Utility Description: Sewer Available

Structural Information

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

Lot Features

Property View: Canal
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 125 x 125
Frontage Feet: 80
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: Regular, See Remarks, Cleared
Trees/Vegetation: Brush, Grassed
Zoning: R1-W
Lot Description: Regular, See Remarks, Cleared

Water Features

Water Front: Yes
Water Front Desc.: Canal Front
Canal Width: None

Financial Considerations

Price Per Acre: $186,956
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 37 BLK 2604 PB 17 PG 25 LOTS 51 + 52
Property ID: 11-44-23-C2-02604.0510
Section: 11
Block: 2604
Lot Number: 51

Listed by Anchorpoint Real Estate, LLC

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Schools

Schools serving 301 NW 5th 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	0.5 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	3 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	3.2 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	1.6 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	2.8 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	1.5 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.7 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.4 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	3.8 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 301 NW 5th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/31/2026

Listed

$43,000

-73.11%

MLS

9/30/2005

Sold

$159,900

—

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 301 NW 5th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,654

—

$11,713

-75%

2024

$1,653

-45%

$46,577

-23%

2023

$3,033

11%

$60,663

658%

2021

$2,733

-7%

$8,000

-77%

2022

$2,928

$35,480

308%

2021

$2,733

-10%

$8,700

-31%

2018

$3,024

501%

$12,562

-5%

2017

$503

10%

$13,243

20%

2016

$456

-85%

$11,000

-20%

2019

$3,039

613%

$13,818

23%

2015

$426

18%

$11,200

12%

2014

$360

32%

$10,000

28%

2013

$273

—

$7,800

—

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 301 NW 5th Terrace

301 NW 5th Ter, Cape Coral, FL 33993 (MLS# 2026024156) is a Residential Lots property with a lot size of 0.23 acres. 301 NW 5th Ter is currently listed for $43,000 and was received on May 31, 2026. Want to learn more about 301 NW 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.

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301 NW 5th Terrace Cape Coral, FL 33993