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

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$58,000

For Sale
Active
Residential Lots
0.23 Acres

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Property Description

Build your dream home on this exceptional residential lot in the fast-growing NW Cape Coral area. Offering approximately 10,000 square feet, this property provides the perfect setting for a custom home with plenty of space for a pool and outdoor living. Conveniently located near shopping, dining, schools, parks, and everyday amenities, while still offering the peace and privacy of a growing neighborhood. Whether you're ready to build now or invest for the future, this is an outstanding opportunity to own land in one of Cape Coral's most desirable and expanding areas. No HOA. Don't miss your chance to secure your piece of Southwest Florida paradise!

Full Property Details

Full Property Details for 314 NW 5th Terrace

General

Price: $58,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026027333
Updated: 8/6/2026
Added to Site: 18 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

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

Community

Assoc. Fees Include: None

Utilities

Sewer: Septic Tank
Water: Well
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Trash Removal, Water Available

Structural Information

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

Lot Features

Property View: Landscaped Area
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Field Measurements
Lot Dimensions: 85 x 85 x 125 x 125
Frontage Feet: 85
Road Maintenance: City Maintained
Irrigation System: See Remarks
Lot Features: Regular, See Remarks
Trees/Vegetation: Grassed, See Remarks
Zoning: R1-D
Lot Description: Regular, See Remarks

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $252,173
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 37 BLK 2599 PB 17 PG 25 LOTS 7 + 8
Property ID: 11-44-23-C2-02599.0070
Section: 11
Block: 2599
Lot Number: 7

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Schools

Schools serving 314 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	2.9 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	3.6 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.5 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	3.7 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 314 NW 5th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/06/2026

Listed

$58,000

190%

MLS

11/16/2015

Sold

$20,000

—

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 314 NW 5th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,125

—

$57,314

10%

2025

$2,125

10%

$52,104

10%

2024

$1,936

-41%

$47,367

-5%

2023

$3,303

23%

$49,652

364%

2021

$2,686

-5%

$10,700

-63%

2022

$2,828

$29,040

231%

2021

$2,686

-8%

$8,775

-6%

2019

$2,916

$9,317

10%

2018

$2,896

641%

$8,470

-22%

2017

$391

16%

$10,821

55%

2016

$336

13%

$7,000

13%

2015

$298

-1%

$6,200

10%

2014

$300

85%

$5,640

25%

2013

$162

—

$4,500

—

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 314 NW 5th Terrace

314 NW 5th Ter, Cape Coral, FL 33993 (MLS# 2026027333) is a Residential Lots property with a lot size of 0.23 acres. 314 NW 5th Ter is currently listed for $58,000 and was received on August 06, 2026. Want to learn more about 314 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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314 NW 5th Terrace Cape Coral, FL 33993