3604 NW 38th Ter, Cape Coral, FL 33993 - Photo 1

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$59,000

For Sale
Active
Residential Lots
0.23 Acres

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Property Description

Fantastic opportunity to build your dream home in the desirable Northwest Cape! This Southern Exposure Freshwater Canal residential lot is located in a rapidly developing neighborhood surrounded by beautiful new homes, offering a modern community feel while still retaining plenty of privacy and space. The area is quickly becoming one of Cape Coral's most sought-after destinations, making this property not only a great place to live but also a smart investment for the future. Just minutes away, the Newly Opened Crystal Lake Park will provide residents with exciting recreational amenities, green spaces, and waterfront enjoyment - the perfect place to relax, stay active, and connect with nature. Park Amenities: "¢ Multi-Use Path "¢ Beach "¢ Picnic Shelters with BBQ Grills* "¢ Fitness Stations "¢ Boat & Kayak/Canoe Launch "¢ Hilltop Lookout "¢ Restrooms "¢ Boardwalk "¢ Playground Equipment (for ages 5-12) With convenient access to shopping, dining, schools, and major roadways, you'll have everything you need close by including Tranquility Lakes RV Resort with approximately 200 acres, featuring two large, scenic lakes and about 500 full-hookup RV sites and tons of amenities! Whether you're ready to build now or want to secure a prime lot for the future, this property offers endless potential in a vibrant and growing community. Don't miss your chance to be part of the NW Cape's exciting growth!

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Full Property Details

Full Property Details for 3604 NW 38th Terrace

General

Price: $59,000
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2025007487
Updated: 12/10/2025
Added to Site: 146 day(s) ago

Additional Information

Shared Amenities: None, Non-Gated

Location

Area: CC43 - Cape Coral Unit 58, 59-61, 76,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: GPS
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: None
Water: None
Utility Description: Trash Removal, Electricity 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
Road Maintenance: City Maintained
Irrigation System: None
Lot Features: Regular
Zoning: R1-W
Lot Description: Regular

Water Features

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

Financial Considerations

Price Per Acre: $256,521
Tax Year: 2024
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 91 BLK 5511 PB 24 PG 90 LOTS 3 + 4
Property ID: 18-43-23-C4-05511.0030
Section: 18
Block: 5511
Lot Number: 3

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Schools

Schools serving 3604 NW 38th 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	6.7 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	6.8 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	7.8 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	5.3 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	6.7 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	7.6 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.1 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	7.3 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	9.2 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 3604 NW 38th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/26/2025

Listed

$59,000

257.58%

MLS

2/17/2021

Sold

$16,500

—

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 3604 NW 38th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$447

-53%

$29,070

-2%

2024

$957

-8%

$29,617

-46%

2023

$1,041

89%

$54,539

354%

2021

$551

-30%

$12,000

-54%

2022

$784

42%

$26,100

149%

2021

$551

18%

$10,500

23%

2018

$467

$8,504

-22%

2017

$442

-8%

$10,901

17%

2019

$478

18%

$9,354

-2%

2016

$405

$9,500

-14%

2015

$387

20%

$11,000

10%

2014

$323

45%

$10,000

75%

2013

$223

—

$5,700

—

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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 3604 NW 38th Terrace

3604 NW 38th Ter, Cape Coral, FL 33993 (MLS# 2025007487) is a Residential Lots property with a lot size of 0.23 acres. 3604 NW 38th Ter is currently listed for $59,000 and was received on August 26, 2025. Want to learn more about 3604 NW 38th 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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3604 NW 38th Terrace Cape Coral, FL 33993