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$470,000
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Property Description
DON'T MISS THIS AMAZING OPPORTUNITY! Imagine building the home of your dreams on this exceptional 4-LOT HOMESITE, perfectly positioned at the end of a freshwater canal in Southwest Cape Coral. Located in one of Cape Coral's up-and-coming areas, this property is surrounded by beautiful new homes. The property is MOSTLY CLEARED AND READY TO BUILD WITH SEAWALL ALREADY IN PLACE, saving you time and money in site preparation. Picture waking up each morning to sweeping, unobstructed water views; a peaceful canal gently shimmering in the sunlight, framed by swaying palms and lush tropical landscaping. This tranquil scene invites quiet coffee hours on a private dock, with kayaks gliding past, and stunning sunsets that paint the sky in vivid hues reflected on the water. This oversized homesite offers room for a luxurious waterfront home, expansive outdoor living spaces, a beautiful pool, a private guesthouse, and custom dockage. Its generous dimensions provide both privacy and the perfect setting for waterfront living. Experience the best of Cape Coral with serene canal-front views, abundant outdoor space, and the opportunity to create a personalized waterfront retreat. The City of Cape Coral documentation indicates that no owl nests are present on the property (buyer to verify and do their own due diligence). Corner lots offer design flexibility, multiple driveway and garage options, and enhanced curb appeal with frontage on three streets. The EASTERN EXPOSURE brings abundant morning sunlight into your backyard oasis, creating bright, inviting outdoor living spaces. Ideal for a custom pool design, it offers consistent sunshine throughout the day. The surrounding area is well maintained and attractive, enhancing curb appeal and supporting long-term property values in a desirable neighborhood of quality homes. This amazing lot site already has CITY WATER AND SEWER IN PLACE. No need for well and septic. Your custom builder can connect the city utilities right away. Ideally located within walking or biking distance to shopping, dining, schools, and parks, with convenient access to major roadways connecting you to Fort Myers and/or Punta Gorda and beyond. Enjoy abundant recreational opportunities nearby, including the Burnt Store boat ramp, golf courses, and community centers, as well as an easy drive to Sanibel, Captiva, and Fort Myers Beach. Whether building now or investing for the future, this property offers the flexibility and features today's buyers are seeking-bring your builder and your vision. For the convenience of all parties, we request that all offers be submitted in writing on the most recent Florida Realtors Vacant Land Contract and accompanied by proof of funds. NO verbal offers are accepted. Residential lots of this grand size don't happen often. Make your future happen now!
Full Property Details
Full Property Details for 505 SW 31st Pl
General
- Price: $470,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026026421
- Updated: 7/29/2026
- Added to Site: 67 day(s) ago
Additional Information
- Shared Amenities: None, No Subdivision, Non-Gated
Location
- Area: CC42 - Cape Coral Unit 50, 54, 51, 52, 53,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: West
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Central, None
- Water: Central, None, Irrigation Water
- Utility Description: Sewer Available, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Other/See Remarks, Single Family
Lot Features
- Property View: Canal, Water
- Lot Size (Acres): 1.37
- Lot Size (Sq. Ft.): 59,677
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 307 x 413 x 219 x 113
- Frontage: Public Road
- Frontage Feet: 307
- Street/Road Desc.: Paved
- Irrigation System: Central, None
- Lot Features: 4 Lots, Irregular Lot, Oversize, See Remarks
- Zoning: RD
- Lot Description: 4 Lots, Irregular Lot, Oversize, See Remarks
Water Features
- Water Front: Yes
- Water Front Desc.: Freshwater, Seawall
Financial Considerations
- Price Per Acre: $343,065
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 54 BLK 3944 PB 19 PG 81 LOTS 25 THRU 29
- Property ID: 17-44-23-C4-03944.0250
- Section: 17
- Block: 3944
- Lot Number: 25
Listed by Encore Realty Services Inc
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Schools
Schools serving 505 SW 31st Pl
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 2.1 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 3.4 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3.6 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 2.4 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.4 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 2.6 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.3 mi |
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 SW 31st Pl
Date
Details
Price
Change
Source
7/29/2026
Price Reduced
$470,000
-5.05%
MLS
6/23/2026
Listed
$495,000
8.79%
MLS
7/29/2024
Sold
$455,000
—
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 505 SW 31st Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,011
—
$86,610
10%
2025
$7,011
-5%
$78,736
-54%
2024
$7,345
-29%
$171,280
-33%
2023
$10,378
6%
$254,236
226%
2021
$9,759
-1%
$78,000
—
2022
$9,900
1%
$78,000
57%
2021
$9,759
209%
$49,800
256%
2019
$3,158
—
$14,000
—
2018
$3,159
465%
$14,000
-1%
2017
$559
4%
$14,212
2%
2016
$535
-10%
$14,000
-22%
2015
$596
48%
$18,000
59%
2014
$402
28%
$11,300
23%
2013
$314
—
$9,200
—
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 505 SW 31st Pl
505 SW 31st Pl, Cape Coral, FL 33991 (MLS# 2026026421) is a Residential Lots property with a lot size of 1.37 acres. 505 SW 31st Pl is currently listed for $470,000 and was received on June 23, 2026. Want to learn more about 505 SW 31st 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.

