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$37,500 Just Listed
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Property Description
Prime waterfront opportunity at 319 NW 8th Terrace! This freshwater canal lot offers the perfect backdrop for your future dream home, with peaceful water views and the added privacy that canal living provides. Even better, the city water and sewer assessments are fully paid - a huge value and cost savings for the next owner. No unexpected assessment balances, just a clean slate and ready-to-build potential. Whether you're looking to build now or invest in one of the fastest-growing areas, this property is priced to sell and positioned for opportunity. Waterfront lots at this value are becoming harder to find. Do not miss your chance to secure this one - act quickly before it's gone!
Full Property Details
Full Property Details for 319 NW 8th Terrace
General
- Price: $37,500
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026010744
- Updated: 3/3/2026
- Added to Site: 1 day(s) ago
Additional Information
- Shared Amenities: None, No Subdivision
Location
- Area: CC41 - Cape Coral Unit 37-43, 48, 49
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utility Description: None
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: Public Road
- Frontage Feet: 80
- Irrigation System: Assessment Paid
- Lot Features: Regular, Cleared
- Zoning: R1-W
- Lot Description: Regular, Cleared
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater
- Canal Width: Canal Width 31-80
Financial Considerations
- Price Per Acre: $163,043
- Tax Year: 2025
- Terms: Buyer Finance/Cash, Seller Pays Title
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 38 BLK 2608 PB 16 PG 89 LOTS 64 + 65
- Property ID: 02-44-23-C4-02608.0640
- Section: 2
- Block: 2608
- Lot Number: 64
Listed by Palm Paradise Realty Group
Get Pre-Approved Today
Schools
Schools serving 319 NW 8th 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 | 0.9 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 3.3 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3.6 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 2.3 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 1.4 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 4.6 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 4 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 319 NW 8th Terrace
Date
Details
Price
Change
Source
3/03/2026
Listed
$37,500
44.79%
MLS
6/24/2015
Sold
$25,900
—
Public Record
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 319 NW 8th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,034
14%
$48,450
10%
2024
$909
5%
$43,948
-6%
2023
$862
51%
$46,660
273%
2021
$572
-15%
$12,500
-55%
2022
$672
17%
$27,800
132%
2021
$572
2%
$12,000
-14%
2018
$561
7%
$14,000
6%
2017
$524
8%
$13,243
10%
2016
$483
-5%
$12,000
9%
2019
$506
9%
$11,000
-8%
2015
$464
-1%
$12,000
6%
2014
$468
80%
$11,300
57%
2013
$260
—
$7,200
—
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 319 NW 8th Terrace
319 NW 8th Ter, Cape Coral, FL 33993 (MLS# 2026010744) is a Residential Lots property with a lot size of 0.23 acres. 319 NW 8th Ter is currently listed for $37,500 and was received on March 03, 2026. Want to learn more about 319 NW 8th 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.

