This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$54,900
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property Description
Prime Corner Lot, come build your Dream Home! Discover an incredible opportunity to bring your dream home blueprint to life on this expansive private corner lot. Boasting in size at over 1/4 acre this cleared and ready to build lot provides endless possibilities for a custom-designed home tailored to your likings. Imagine an oversized backyard Oasis with a spacious pool, or perhaps a 3-car garage with bonus parking for your boat, RV or motorcycle. This lot will accommodate it all! Located in a desirable location you'll enjoy the tranquility of Cape Coral Living just minutes away from stunning waterfronts, shopping, dining and world class Golf Courses!
Full Property Details
Full Property Details for 3927 NW 38th Terrace
General
- Price: $54,900
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Ft_Lauderdale
- MLS ID: F10488448
- Updated: 9/28/2025
- Added to Site: 329 day(s) ago
Location
- Area: 5940
- County: Lee County
- Subdivision: Cape Coral
- Driving Directions: Left 36th Avenue, Right on Caloosa Terrace, Right on NW 40th Avenue
- Direction Faces: South
Lot Features
- Lot Size (Acres): 0.2583
- Lot Size (Sq. Ft.): 11,250
- Lot Size: 11250
- Development Status: Undeveloped
- Trees/Vegetation: No Trees
- Zoning: R1-D
- Lot Description: 1/4 To Less Than 1/2 Acre Lot
Financial Considerations
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 91 BLK 5507 PB 24 PG 89 LOTS 47 + 48
- Property ID: 184323C4055070470
Listed by Elite Realty Partners, Inc.
Get Pre-Approved Today
Schools
Schools serving 3927 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 | 6.9 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 7.1 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 7.9 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 5.4 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 7 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 7.7 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5.3 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 7.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 9.4 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 3927 NW 38th Terrace
Date
Details
Price
Change
Source
9/28/2025
Price Reduced
$54,900
-0.18%
MLS
2/22/2025
Listed
$55,000
—
MLS
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 3927 NW 38th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$234
-69%
$25,840
-10%
2024
$763
6%
$28,564
-6%
2023
$717
48%
$30,367
353%
2021
$486
-11%
$6,700
-54%
2022
$548
13%
$14,532
142%
2021
$486
8%
$6,000
-3%
2018
$452
11%
$6,202
-17%
2017
$409
10%
$7,429
18%
2016
$373
9%
$6,300
5%
2015
$341
-26%
$6,000
-12%
2019
$461
65%
$6,822
25%
2014
$280
38%
$5,452
36%
2013
$203
—
$4,000
—
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 3927 NW 38th Terrace
3927 NW 38th Terrace, Cape Coral, FL 33993 (MLS# F10488448) is a Residential Lots property with 0 bedrooms and 0 full bathrooms. 3927 NW 38th Terrace is currently listed for $54,900 and was received on February 22, 2025. Want to learn more about 3927 NW 38th Terrace? 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.

