4138 NW 38th Place, Cape Coral, FL 33993 - Photo 1

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$39,900

For Sale
Active
Land Residential
0.23 Acres

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Property Description

Prime investment opportunity in NW Cape Coral! This cleared, build-ready lot sits west of Burnt Store Rd in a rapidly developing area surrounded by new homes, ensuring strong long-term value and demand. Minutes to Coral Oaks Golf Course, Burnt Store Boat Ramp, Crystal Lake, and the planned Tropicana Park. Nearby, the highly anticipated Seven Islands Project promises waterfront dining, shops, hotel, and marina-driving future appreciation. Pine Island Corridor offers a variety of restaurants, retail, and services nearby. With no trees to clear and no nesting restrictions per the City, construction is seamless. Perfect for investors, builders, or out-of-state buyers seeking growth potential. 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: $725 (2024)
Status: Active
Type: Land Residential
Source: Greater_Miami
MLS ID: A11866904
Updated: 8/28/2025
Added to Site: 143 day(s) ago

Location

Area: Cape Coral
County: Lee County
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

Community Name: Cape Coral

Structural Information

Structure Type: Residential
Detached/Attached: Detached
Current Bldg. Use: Residential, Unused

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.23
Lot Dimensions: 80 x 125
Lot Features: No Misc/Improvements
Development Status: Recorded Plat
Trees/Vegetation: No Trees

Financial Considerations

Tax Amount: $725
Tax Year: 2024
Terms: All Cash, Conventional

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 91 BLK 5498 PB 24 PG 97 LOT 41+42
Property ID: 184323C1054980410

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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/28/2025

Listed

$39,900

—

MLS

6/11/2024

Sold

$39,900

—

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 4138 NW 38th Pl

Year

Property Taxes

Change

Tax Assessment

Change

2025

$397

-45%

$25,840

—

2024

$725

$25,733

-15%

2023

$695

49%

$30,367

353%

2021

$466

-12%

$6,700

-54%

2022

$527

13%

$14,532

142%

2021

$466

$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

—

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 4138 NW 38th Pl

4138 NW 38th Place, Cape Coral, FL 33993 (MLS# A11866904) is a Land Residential property with a lot size of 0.23 acres. 4138 NW 38th Place is currently listed for $39,900 and was received on August 28, 2025. Want to learn more about 4138 NW 38th Place? Do you have questions about finding other Land Residential 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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4138 NW 38th Pl Cape Coral, FL 33993