401 NW 5th Ter, Cape Coral, FL 33993 - Photo 1

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$56,000

For Sale
Active
Residential Lots
0.23 Acres

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Property Description

Nice freshwater lot in developing area of newer homes. City water and sewer available. Per city of Cape Coral, this is listed as tortoise zone area. An environmental inspection is needed to confirm any active nests. Situated in Cape Coral a quiet area, with Canal Access, this land boasts panoramic views and in a convenient location close to local amenities. With ample space to design and build, this lot is perfect for those looking to create their own personal paradise. Don't miss the chance to turn this land into your HOME!!

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Full Property Details

Full Property Details for 401 NW 5th Terrace

General

Price: $56,000
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 225026252
Updated: 12/13/2025
Added to Site: 312 day(s) ago

Additional Information

Shared Amenities: No Subdivision

Location

Area: CC41 - Cape Coral Unit 37-43, 48, 49
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: South

Community

Assoc. Fees Include: None

Utilities

Sewer: Central
Water: Assessment Unpaid, Central
Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: Canal, Trees/Woods
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 127 x 127
Frontage: Access Road
Frontage Feet: 80
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: Regular
Zoning: R1-W
Lot Description: Regular

Water Features

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

Financial Considerations

Price Per Acre: $243,478
Tax Year: 2024
Terms: Buyer Finance/Cash, Cash, FHA, Seller Pay Closing Costs, VA Loan

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 37 BLK 2604 PB 17 PG 25 LOTS 67 + 68
Property ID: 11-44-23-C1-02604.0670
Section: 11
Block: 2604
Lot Number: 67

Listed by John R. Wood Properties

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Schools

Schools serving 401 NW 5th 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	0.6 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	2.6 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	2.9 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	1.5 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	2.5 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	2.8 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	1.4 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.7 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.6 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 401 NW 5th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/11/2025

Listed

$56,000

48.54%

MLS

8/27/2014

Sold

$37,700

—

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 401 NW 5th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$374

-77%

$48,450

2024

$1,653

-45%

$46,577

-23%

2023

$3,033

11%

$60,663

658%

2021

$2,733

-7%

$8,000

-77%

2022

$2,928

$35,480

308%

2021

$2,733

-10%

$8,700

-35%

2018

$3,033

494%

$13,310

2017

$511

10%

$13,243

20%

2016

$464

$11,000

-2%

2015

$449

$11,200

12%

2014

$422

-86%

$10,000

-29%

2019

$3,042

1014%

$14,000

79%

2013

$273

—

$7,800

—

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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 401 NW 5th Terrace

401 NW 5th Ter, Cape Coral, FL 33993 (MLS# 225026252) is a Residential Lots property with a lot size of 0.23 acres. 401 NW 5th Ter is currently listed for $56,000 and was received on March 11, 2025. Want to learn more about 401 NW 5th 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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401 NW 5th Terrace Cape Coral, FL 33993