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$39,900
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Property Description
Prime Vacant Lot in NW Cape Coral - Excellent Investment Opportunity Discover the potential of this vacant lot located in the rapidly developing northwest quadrant of Cape Coral. Situated on the west side of Burnt Store Road, this property is surrounded by new residential construction, reflecting the area's strong growth and investment appeal. Enjoy close proximity to a variety of local amenities, including Coral Oaks Golf Course, the public Burnt Store Boat Ramp, and the vibrant Pine Island Corridor, offering a wide range of shops, restaurants, and retail options. Recreational highlights such as Crystal Lake, future Tropicana Park, and the proposed Seven Islands development - which includes plans for dining, shopping, a hotel, and a marina - are just minutes away. This buildable lot is cleared and ready for development, with no trees to remove. According to the City of Cape Coral's planning site, there are currently no known restrictions related to protected nests on the property. Capture the beauty of Florida's breathtaking sunrises and sunsets from your future homesite. If you're considering building, I can connect you with reputable local builders to help bring your vision to life. SW FL awaits you- what are you waiting for?
Full Property Details
Full Property Details for 4138 NW 38th Pl
General
- Price: $39,900
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 225016738
- Updated: 8/27/2025
- Added to Site: 335 day(s) ago
Additional Information
- Shared Amenities: No Subdivision, Non-Gated
Location
- Area: CC43 - Cape Coral Unit 58, 59-61, 76,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Burnt Store Rd North. Turn west onto Durden Pkwy. Turn south onto Old Burnt Store Rd. Turn east onto NW 41st Lane. Turn north onto NW 38th Place. Lot is 2nd one in from NW 41st Ln on the right.
- Direction Faces: East
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Septic Tank
- Water: Well
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Trash Removal
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: None/Other
- 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 Feet: 80
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Regular
- Zoning: R1-D
- Lot Description: Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $173,478
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 91 BLK 5498 PB 24 PG 97 LOT 41 + 42
- Property ID: 18-43-23-C1-05498.0410
- Section: 18
- Block: 5498
- Lot Number: 41
Listed by Florida Complete Realty
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Schools
Schools serving 4138 NW 38th Pl
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 | 7.2 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 7.3 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 8.4 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 5.9 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 7.2 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 8.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5.7 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 7.6 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 9.9 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 4138 NW 38th Pl
Date
Details
Price
Change
Source
8/27/2025
Price Reduced
$39,900
-18.57%
MLS
2/16/2025
Listed
$49,000
22.81%
MLS
6/11/2024
Sold
$39,900
—
Public Record
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 4138 NW 38th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$397
-45%
$25,840
—
2024
$725
4%
$25,733
-15%
2023
$695
49%
$30,367
353%
2021
$466
-12%
$6,700
-54%
2022
$527
13%
$14,532
142%
2021
$466
2%
$6,000
-24%
2018
$455
11%
$7,906
10%
2017
$410
10%
$7,187
14%
2016
$373
-20%
$6,300
-28%
2019
$466
42%
$8,697
45%
2015
$329
22%
$6,000
10%
2014
$269
41%
$5,452
40%
2013
$191
—
$3,900
—
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 4138 NW 38th Pl
4138 NW 38th Pl, Cape Coral, FL 33993 (MLS# 225016738) is a Residential Lots property with a lot size of 0.23 acres. 4138 NW 38th Pl is currently listed for $39,900 and was received on February 16, 2025. Want to learn more about 4138 NW 38th Pl? 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.

