3927 NW 38th Terrace, Cape Coral, FL 33993 - Photo 1

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$52,500 Just Listed

For Sale
Active
Vacant Land
0.26 Acres
Updated 3 days ago

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Property Description

CLEARED 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: $52,500
Taxes: $733 (2024)
Status: Active
Type: Vacant Land
Source: Regional
MLS ID: F10555425
Updated: 3/1/2026
Added to Site: 4 day(s) ago

Location

County: Lee
Subdivision: Cape Coral
Driving Directions: Left 36th Avenue, Right on Caloosa Terrace, Right on NW 40th Avenue
Direction Faces: South

Community

Community Name: 5940 - Other Florida County

Structural Information

Current Bldg. Use: Other, Residential, Single Family, Unimproved

Lot Features

Lot Size (Acres): 0.26
Lot Size (Sq. Ft.): 11,250
Lot Dimensions: 11250
Road Maintenance: Public Maintained Road
Lot Features: 1/4 to 1/2 Acre Lot
Development Status: Site Plan Filed
Potential Use: Residential, Single Family
Trees/Vegetation: None
Zoning: R1-D

Financial Considerations

Tax Amount: $733
Tax Year: 2024
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 91 BLK 5507 PB 24 PG 89 LOTS 47 + 48
Property ID: 184323C4055070470

Listed by Legacy Global Realty, LLC

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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
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	7.9 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	8.4 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	5.4 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	8.4 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
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	8.7 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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/01/2026

Listed

$52,500

—

MLS

Get Price Alerts and Save Property

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

$28,564

-6%

2023

$717

48%

$30,367

353%

2021

$486

-11%

$6,700

-54%

2022

$548

13%

$14,532

142%

2021

$486

$6,000

-3%

2018

$452

11%

$6,202

-17%

2017

$409

10%

$7,429

18%

2016

$373

$6,300

2015

$341

-26%

$6,000

-12%

2019

$461

65%

$6,822

25%

2014

$280

38%

$5,452

36%

2013

$203

—

$4,000

—

View All

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# F10555425) is a Vacant Land property with a lot size of 0.26 acres. 3927 NW 38th Terrace is currently listed for $52,500 and was received on March 01, 2026. Want to learn more about 3927 NW 38th Terrace? Do you have questions about finding other Vacant 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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3927 NW 38th Terrace Cape Coral, FL 33993