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$69,000
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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.
Full Property Details
Full Property Details for 337 NE 5th Terrace
General
- Sold For: $69,000
- Taxes: (2025)
- Status: Closed
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026008001
- Added to Site: 52 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: $274,900
- 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 and Sold by The Keyes Company
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 337 NE 5th Terrace
Date
Details
Price
Change
Source
3/27/2026
Sold
$69,000
-2.13%
MLS
2/13/2026
Listed
$70,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
337 NE 5th Ter, Cape Coral, FL 33909 (MLS# 2026008001) is a Residential Lots property that was sold at $69,000 on March 27, 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.

