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$399,000
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Property Description
DIRECT GULF ACCESS - NO BRIDGES! Bring your vision and your builder to this exceptional Gulf-access homesite in a quiet Cape Coral neighborhood where the best of the Southwest Florida lifestyle is right outside your future back door. This cleared residential lot with SEAWALL IN PLACE offers the highly sought-after combination of southern exposure and direct access to the Gulf of Mexico with NO bridges and NO locks between you and the open water. NO ASSESSMENTS! All city assessments are in and fully paid, providing an important advantage for your future construction plans. Imagine building your dream home and stepping outside to your own waterfront lifestyle - launch the boat, head out for a day of fishing, cruise toward the Gulf, or enjoy a sunset on the water without the restrictions of bridges or locks. The navigable canal and established seawall create an outstanding foundation for the home and boating lifestyle you've been dreaming about. Location is another major advantage. Pine Island Road puts shopping, restaurants, entertainment and everyday conveniences close at hand, while nearby Matlacha offers the colorful Old Florida atmosphere, waterfront dining, local art galleries, fishing and island-style activities that make this part of Southwest Florida so special. Enjoy local favorites such as Blue Dog Bar & Grill, Miceli's Restaurant and Yucatan Waterfront Tiki Bar and Grill, or head into Cape Coral for an even greater selection of restaurants, shopping and entertainment. The nearby Pine Island Road corridor puts convenient dining options within easy reach. For the savvy investor, this property also presents an exciting opportunity to acquire a waterfront parcel in a desirable boating community and hold it for future development or appreciation. and assessments paid, much of the groundwork is already established. Whether you're ready to build your forever home, create a seasonal Gulf Coast retreat, or add a waterfront parcel to your real estate investment portfolio, this is an opportunity worth seeing. Direct Gulf access, southern exposure, seawall in place and a location surrounded by the best of Cape Coral and Matlacha-this is Florida waterfront living at its finest!
Full Property Details
Full Property Details for 3516 SW 7th Terrace
General
- Price: $399,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 226031768
- Updated: 9/8/2026
- Added to Site: 27 day(s) ago
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Dock, Concrete Dock
Location
- Area: CC43 - Cape Coral Unit 58, 59-61, 76,
- 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, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal, Water
- 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
- 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
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Canal Front, Navigable Water, Seawall
- Canal Width: Canal Width 31-80
Financial Considerations
- Price Per Acre: $1,734,782
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 58 BLK.5331 PB 23 PG 129 LOTS 1 + 2
- Property ID: 18-44-23-C3-05331.0010
- Section: 18
- Block: 5331
- Lot Number: 1
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Schools
Schools serving 3516 SW 7th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 2.4 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 3.8 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 4 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 2.9 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.7 mi |
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 4.6 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 3516 SW 7th Terrace
Date
Details
Price
Change
Source
9/08/2026
Listed
$399,000
40%
MLS
5/05/2026
Sold
$285,000
—
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 3516 SW 7th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,718
—
$235,682
10%
2025
$4,718
20%
$214,256
-21%
2024
$3,916
5%
$271,438
2%
2023
$3,726
27%
$265,874
72%
2021
$2,937
-15%
$154,701
-40%
2022
$3,452
18%
$257,580
91%
2021
$2,937
18%
$134,821
11%
2019
$2,490
-2%
$120,942
1%
2018
$2,532
-2%
$120,088
-18%
2017
$2,592
4%
$146,183
—
2016
$2,491
10%
$146,304
17%
2015
$2,272
12%
$125,424
21%
2014
$2,028
22%
$103,545
39%
2013
$1,669
—
$74,565
—
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 3516 SW 7th Terrace
3516 SW 7th Ter, Cape Coral, FL 33991 (MLS# 226031768) is a Residential Lots property with a lot size of 0.23 acres. 3516 SW 7th Ter is currently listed for $399,000 and was received on September 08, 2026. Want to learn more about 3516 SW 7th 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.

