337 NE 5th Ter, Cape Coral, FL 33909 - Photo 1

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$70,500 Just Listed

For Sale
Active
Residential Lots
0.251 Acres
Updated 6 days ago

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Property Description

Build the life you've been picturing on this prime freshwater lot located in a fast-growing Northeast Cape neighborhood. This homesite offers the perfect opportunity to design and build a custom home tailored to your vision. Whether you're dreaming of a modern coastal retreat, a pool home with space to entertain, or a long-term investment property, this lot gives you the flexibility to create it your way. Enjoy peaceful surroundings while still being conveniently located near shopping, dining, schools, parks, and easy access to major roadways and Downtown Fort Myers. With new construction happening throughout the area, this is your chance to secure a piece of Cape Coral before it's all built up. No HOA. No time restrictions to build. Just a blank canvas ready for your blueprint. If you've been waiting for the right place to break ground, this could be it. Reach out for lot details, utility information, and builder recommendations.

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Full Property Details

Full Property Details for 337 NE 5th Terrace

General

Price: $70,500
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026008001
Updated: 2/13/2026
Added to Site: 7 day(s) ago

Additional Information

Shared Amenities: None, No Subdivision

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: Head North on Santa Barbara Blvd S. Take a right onto NE 5th Ter. The lot is on your left.
Direction Faces: Southeast

Community

Assoc. Fees Include: None
Management Type: None

Utilities

Sewer: Assessment Unpaid
Water: Assessment Unpaid
Utility Description: Sewer Available, Water Available

Structural Information

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

Lot Features

Property View: Canal, Water
Lot Size (Acres): 0.251
Lot Size (Sq. Ft.): 10,933
Lot Size Source: Property Appraiser Office
Lot Dimensions: 100 x 75 x 125 x 125
Frontage Feet: 100
Road Maintenance: City Maintained
Irrigation System: None
Lot Features: Regular, Home
Trees/Vegetation: Grassed, Mangrove
Zoning: R1-W
Lot Description: Regular, Home

Water Features

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

Financial Considerations

Price Per Acre: $280,876
Tax Year: 2025
Terms: Buyer Finance/Cash, FHA, VA Loan

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 35 BLK 2398 PB 16 PG 107 LOTS 25 + 26
Property ID: 12-44-23-C2-02398.0250
Section: 12
Block: 2398
Lot Number: 25

Listed by Miloff Aubuchon Realty Group

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— 337 NE 5th Terrace —

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Schools

Schools serving 337 NE 5th Terrace

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	1.9 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	2.1 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	3.1 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.8 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.9 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.4 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.5 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.8 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.9 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 337 NE 5th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/13/2026

Listed

$70,500

171.15%

MLS

10/18/2012

Sold

$26,000

—

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 337 NE 5th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$770

-66%

$50,065

-9%

2024

$2,244

-37%

$54,903

-1%

2023

$3,575

24%

$55,286

381%

2021

$2,893

-5%

$11,500

-64%

2022

$3,048

$31,592

222%

2021

$2,893

-9%

$9,800

-30%

2019

$3,171

—

$13,996

10%

2018

$3,156

505%

$12,724

-6%

2017

$522

11%

$13,485

23%

2016

$472

$11,000

-2%

2015

$440

-1%

$11,200

2014

$443

54%

$11,050

40%

2013

$287

—

$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 337 NE 5th Terrace

337 NE 5th Ter, Cape Coral, FL 33909 (MLS# 2026008001) is a Residential Lots property with a lot size of 0.251 acres. 337 NE 5th Ter is currently listed for $70,500 and was received on February 13, 2026. Want to learn more about 337 NE 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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337 NE 5th Terrace Cape Coral, FL 33909