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$35,000
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Property Description
Get a waterfront lot without the waterfront prices! Freshwater waterfront lot ready for your dream home. Canal frontage with easy boat access, lush tropical landscaping potential, and peaceful, well-established neighborhood. Build-ready opportunity. Nearby local shopping, dining, and entertainment. Ideal for a waterfront lifestyle - plan, permit, and start building.
Full Property Details
Full Property Details for 425 NW 5th Terrace
General
- Price: $35,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026005950
- Updated: 2/3/2026
- Added to Site: 17 day(s) ago
Additional Information
- Shared Amenities: None, 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: Assessment Unpaid
- Water: Assessment Unpaid, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Survey
- Lot Dimensions: 80 x 80 x 120 x 120
- Frontage: Public Road
- Frontage Feet: 80
- Irrigation System: Assessment Unpaid
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, Freshwater
- Canal Width: Canal Width 31-80
Financial Considerations
- Price Per Acre: $152,173
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 37 BLK 2604 PB 17 PG 25 LOTS 79 THRU 80
- Property ID: 11-44-23-C1-02604.0790
- Section: 11
- Block: 2604
- Lot Number: 79
Listed by CoastalEdge Real Estate LLC
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Schools
Schools serving 425 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 | 0.7 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 2.9 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3.2 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 1.4 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 | 1.3 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 |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 3.7 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 425 NW 5th Terrace
Date
Details
Price
Change
Source
2/03/2026
Listed
$35,000
-1.41%
MLS
10/18/2023
Sold
$35,500
—
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 425 NW 5th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$745
-63%
$48,450
4%
2024
$2,019
-33%
$46,577
-23%
2023
$3,033
4%
$60,663
71%
2022
$2,928
7%
$35,480
344%
2021
$2,733
—
$8,000
-8%
2021
$2,733
-10%
$8,700
-31%
2018
$3,024
501%
$12,562
-5%
2017
$503
10%
$13,243
20%
2016
$456
-85%
$11,000
-20%
2019
$3,039
613%
$13,818
23%
2015
$426
18%
$11,200
12%
2014
$360
32%
$10,000
28%
2013
$273
—
$7,800
—
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 425 NW 5th Terrace
425 NW 5th Ter, Cape Coral, FL 33993 (MLS# 2026005950) is a Residential Lots property with a lot size of 0.23 acres. 425 NW 5th Ter is currently listed for $35,000 and was received on February 03, 2026. Want to learn more about 425 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.

