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$85,000
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Property Description
Triple Lot on Freshwater Canal with Assessments Paid! An excellent opportunity in the heart of Cape Coral-this oversized triple lot sits on the wide Vermont Canal (approx. 125 ft) and comes with all city assessments already paid, saving you roughly $50,000 in today's costs. Perfect for investors looking to add to their portfolio or for a builder ready to maximize value on new construction. The location is ideal-just a few blocks north of Pine Island Rd, where you'll find shopping, dining, and entertainment. With a freshwater canal backdrop and convenient access to everything Cape Coral has to offer, this property checks all the boxes. Note: Lot is currently home to Gopher Tortoises.
Full Property Details
Full Property Details for 439 NW 5th Terrace
General
- Price: $85,000
- Taxes: $1,096 (2023)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 224043684
- Updated: 9/22/2025
- Added to Site: 613 day(s) ago
Additional Information
- Shared Amenities: No Subdivision, Non-Gated, Street Lights
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
- Management Type: None
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid, Irrigation Water
- Utility Description: Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.344
- Lot Size (Sq. Ft.): 14,984
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 120 x 120 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 120
- Street/Road Desc.: Paved
- Irrigation System: Assessment Paid
- Lot Features: 3 Lots, Oversize
- Trees/Vegetation: Grassed
- Zoning: R1-W
- Lot Description: 3 Lots, Oversize
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
- Canal Width: Canal Width 121-150
Financial Considerations
- Price Per Acre: $247,093
- Tax Amount: $1,096
- Tax Year: 2023
- Terms: Buyer Finance/Cash, Cash, Seller Pays Title
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 37 BLK 2604 PB 17 PG 25 LOTS 85 THRU 87
- Property ID: 11-44-23-C1-02604.0850
- Section: 11
- Block: 2604
- Lot Number: 85
Listed by Century 21 Selling Paradise
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Schools
Schools serving 439 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 |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 2.7 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 | 1.3 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 2.7 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 | 4.7 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 439 NW 5th Terrace
Date
Details
Price
Change
Source
5/15/2024
Listed
$85,000
—
MLS
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 439 NW 5th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$497
-56%
$62,985
-8%
2024
$1,127
3%
$68,364
-9%
2023
$1,096
70%
$74,717
550%
2021
$643
-23%
$11,500
-74%
2022
$840
31%
$43,700
332%
2021
$643
-4%
$10,120
-34%
2018
$670
9%
$15,307
1%
2017
$615
-11%
$15,181
-10%
2019
$690
24%
$16,838
33%
2016
$556
6%
$12,650
-2%
2015
$523
16%
$12,880
17%
2014
$449
22%
$11,000
11%
2013
$368
—
$9,900
—
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 439 NW 5th Terrace
439 NW 5th Ter, Cape Coral, FL 33993 (MLS# 224043684) is a Residential Lots property with a lot size of 0.344 acres. 439 NW 5th Ter is currently listed for $85,000 and was received on May 15, 2024. Want to learn more about 439 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.

