507 SW 7th Ter, Cape Coral, FL 33991 - Photo 1

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$118,000 -$2,000 (-1.67%) Price Reduced

For Sale
Active
Residential Lots
0.32 Acres
Updated 13 hours ago

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Property Description

Stunning oversized quarter acre waterfront lot. City water and sewer. No Assessments paid, Build your dream home in desirable area of SE Cape Coral 129 feet of canal frontage. End of cul-de-sac 8 minutes to Cape Coral High School, Near Pine Island corridor shopping and Restaurants.

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Full Property Details

Full Property Details for 507 SW 7th Terrace

General

Price: $118,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026010845
Updated: 4/6/2026
Added to Site: 26 day(s) ago

Additional Information

Shared Amenities: None, No Subdivision

Location

Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Paid, Central
Water: Central
Utility Description: None

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: Water
Lot Size (Acres): 0.32
Lot Size (Sq. Ft.): 13,939
Lot Size Source: Property Appraiser Office
Lot Dimensions: 140 x 125 x 125 x 125
Frontage: Cul-De-Sac, Public Road
Frontage Feet: 140
Irrigation System: Assessment Paid
Lot Features: Cul-De-Sac, Oversize, Cleared
Trees/Vegetation: Partially Wooded, Grassed
Zoning: R1-W
Lot Description: Cul-De-Sac, Oversize, Cleared

Water Features

Water Front: Yes
Water Front Desc.: Freshwater
Canal Width: Canal Width 81-120

Financial Considerations

Price Per Acre: $368,750
Tax Year: 2025
Terms: Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 29 BLK.1927 PB 16 PG 16 LOTS 25 + 26
Property ID: 14-44-23-C4-01927.0250
Section: 14
Block: 1927
Lot Number: 25

Listed by Barclays Real Estate Group 1

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— 507 SW 7th Terrace —

Barclays Real Estate Group 1

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Schools

Schools serving 507 SW 7th Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	1.2 mi
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	1.4 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	1.5 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	1.1 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	2.1 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	2 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.3 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	4 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	2.3 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 507 SW 7th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/06/2026

Price Reduced

$118,000

-1.67%

MLS

4/03/2026

Price Reduced

$120,000

-1.64%

MLS

3/29/2026

Price Reduced

$122,000

-2.4%

MLS

3/26/2026

Price Reduced

$125,000

-3.85%

MLS

3/21/2026

Price Reduced

$130,000

-3.7%

MLS

3/12/2026

Listed

$135,000

—

MLS

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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 507 SW 7th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,262

-60%

$139,698

48%

2024

$3,129

$94,318

-6%

2023

$3,064

16%

$100,793

185%

2021

$2,638

-3%

$35,400

-35%

2022

$2,728

$54,374

68%

2021

$2,638

14%

$32,400

10%

2019

$2,319

-1%

$29,466

10%

2018

$2,340

$26,787

-11%

2017

$2,289

-1%

$30,000

—

2016

$2,312

$30,000

14%

2015

$2,240

$26,400

2014

$2,178

$25,200

26%

2013

$2,061

—

$20,000

—

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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 507 SW 7th Terrace

507 SW 7th Ter, Cape Coral, FL 33991 (MLS# 2026010845) is a Residential Lots property with a lot size of 0.32 acres. 507 SW 7th Ter is currently listed for $118,000 and was received on March 12, 2026. Want to learn more about 507 SW 7th 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.

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507 SW 7th Terrace Cape Coral, FL 33991