37 NE 27th Ter, Cape Coral, FL 33909 - Photo 1

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$35,000 -$5,000 (-12.5%) Price Reduced

For Sale
Active
Commercial Land
0.231 Acres
Updated 5 days ago

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Property Description

Build your dream home or investment property on this beautiful lot located in a growing area of Cape Coral! Situated in Unit 36, this 0.23-acre lot offers great potential with convenient access to Kismet Pkwy, Del Prado Blvd, and US-41. Enjoy being just minutes from shopping, schools, restaurants, and parks - while still tucked away in a peaceful residential neighborhood. This lot is located in an area of minimal flood risk (Flood Zone X). There are no protected animals or trees on the lot. This property is located in a desirable developing area with new construction homes nearby, making it a great opportunity for future value growth. No HOA, no CDD, and low taxes! Actual Commercial Zoning, Future Single Family Home Zoning. Per the City of Cape Coral, the current zoning is C. The City has indicated that this parcel is expected to be rezoned to Single Family in the future; however, buyers needing Single Family use sooner must apply for a rezoning. 0.23 acres (80x125 approx.) No HOA / No CDD Fast-growing neighborhood Ideal for investors or future homeowners Don't miss the chance to secure land in one of Southwest Florida's most promising markets!

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Full Property Details

Full Property Details for 37 NE 27th Terrace

General

Price: $35,000
Taxes: (2024)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 2025017135
Updated: 2/27/2026
Added to Site: 126 day(s) ago

Additional Information

Shared Amenities: None, Street Lights, No Subdivision

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: West

Community

Assoc. Fees Include: None
Management Type: None

Utilities

Sewer: None
Water: None
Utility Description: Electricity Available

Structural Information

Description/Design: Commercial Lot
Elevator Desc: 0-5 Feet
Current Bldg. Use: Single Family

Lot Features

Property View: None/Other
Lot Size (Acres): 0.231
Lot Size (Sq. Ft.): 10,062
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 125 x 125
Frontage: Public Road
Frontage Feet: 80
Irrigation System: None
Elevation (Approx.): 0-5 Feet
Lot Features: Regular
Zoning: RD-D
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $151,515
Tax Year: 2024
Terms: Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 36 BLK 2300B PB 16 PG 122 LOTS 9 + 10
Property ID: 25-43-23-C4-02300.B090
Section: 25
Block: 2300B
Lot Number: 9

Listed by Lifestyle International Realty

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Schools

Schools serving 37 NE 27th 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
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	3.2 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.6 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.8 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	3.6 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	4.4 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	3.2 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	3.3 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.8 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 37 NE 27th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/27/2026

Price Reduced

$35,000

-12.5%

MLS

11/18/2025

Price Reduced

$40,000

-6.98%

MLS

11/05/2025

Price Reduced

$43,000

-4.44%

MLS

10/30/2025

Listed

$45,000

328.57%

MLS

2/18/2021

Sold

$10,500

—

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 37 NE 27th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$410

-53%

$34,723

18%

2024

$866

12%

$29,519

26%

2023

$770

57%

$23,476

193%

2021

$492

-23%

$8,000

-52%

2022

$640

30%

$16,840

118%

2021

$492

$7,725

-23%

2019

$487

—

$10,000

—

2018

$487

$10,000

-2%

2017

$468

29%

$10,255

51%

2016

$362

10%

$6,800

10%

2015

$330

-1%

$6,200

10%

2014

$332

71%

$5,640

31%

2013

$194

—

$4,300

—

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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 37 NE 27th Terrace

37 NE 27th Ter, Cape Coral, FL 33909 (MLS# 2025017135) is a Commercial Land property with a lot size of 0.231 acres. 37 NE 27th Ter is currently listed for $35,000 and was received on October 30, 2025. Want to learn more about 37 NE 27th Ter? Do you have questions about finding other Commercial Land 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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37 NE 27th Terrace Cape Coral, FL 33909