542 NE 5th Ct, Cape Coral, FL 33909 - Photo 1

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$149,000

For Sale
Active
Residential Lots
0.235 Acres

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Property Description

Discover the perfect location to build your dream home on this slightly oversized waterfront lot in beautiful Cape Coral. Situated on a wide canal, this property offers stunning water views down the entire canal and the highly desirable southern rear exposure, providing sunshine on your future pool and outdoor living space throughout the day. The lot features a brand-new seawall, saving you significant construction costs and giving you a head start on building. With extra space compared to standard lots, you'll have more flexibility for your home design, landscaping, and outdoor entertaining. Located in a growing area of Cape Coral, this property offers easy access to shopping, dining, schools, and all the amenities Southwest Florida has to offer. Whether you're planning to build now or invest for the future, this waterfront homesite is a fantastic opportunity. City water is already in place so no need to build a costly well! Don't miss your chance to own a piece of paradise with wide canal views, southern exposure, and a new seawall already in place. *Lot next door is also available for sale*

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Full Property Details

Full Property Details for 542 NE 5th Ct

General

Price: $149,000
Taxes: (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026011427
Updated: 3/6/2026
Added to Site: 30 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: Google Maps
Direction Faces: North

Community

Assoc. Fees Include: Sewer, Street Lights, Street Maintenance, Trash, Water

Utilities

Sewer: Assessment Unpaid
Water: Assessment Unpaid, Central, Irrigation Water
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Structural Information

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

Lot Features

Property View: Canal, Intersecting Canal, Water
Lot Size (Acres): 0.235
Lot Size (Sq. Ft.): 10,236
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 84 x 125 x 125
Frontage: Public Road
Frontage Feet: 80
Irrigation System: Assessment Unpaid
Lot Features: Oversize
Zoning: R1BW
Lot Description: Oversize

Water Features

Water Front: Yes
Water Front Desc.: Canal Front, Intersecting Canal
Canal Width: Canal Width 121-150

Financial Considerations

Price Per Acre: $634,042
Tax Year: 2025
Terms: Buyer Finance/Cash, Seller Pays Title

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 35 BLK 2396 PB 16 PG 106 LOTS 32 + 33
Property ID: 12-44-23-C2-02396.0320
Section: 12
Block: 2396
Lot Number: 30

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Schools

Schools serving 542 NE 5th Ct

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

Name	Grades	Distance
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	1.7 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	2 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	2.9 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.7 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.8 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.6 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.3 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.9 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.7 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 542 NE 5th Ct Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/06/2026

Listed

$149,000

520.83%

MLS

6/05/2020

Sold

$24,000

—

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 542 NE 5th Ct

Year

Property Taxes

Change

Tax Assessment

Change

2025

$435

-75%

$50,065

-2%

2024

$1,734

-43%

$50,910

-1%

2023

$3,041

$51,661

349%

2021

$2,809

-5%

$11,500

-64%

2022

$2,962

$31,592

222%

2021

$2,809

-8%

$9,800

-30%

2019

$3,063

—

$14,000

—

2018

$3,063

498%

$14,000

2017

$512

10%

$13,485

23%

2016

$464

$11,000

-2%

2015

$426

-1%

$11,200

2014

$430

58%

$11,050

42%

2013

$273

—

$7,800

—

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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 542 NE 5th Ct

542 NE 5th Ct, Cape Coral, FL 33909 (MLS# 2026011427) is a Residential Lots property with a lot size of 0.235 acres. 542 NE 5th Ct is currently listed for $149,000 and was received on March 06, 2026. Want to learn more about 542 NE 5th Ct? 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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542 NE 5th Ct Cape Coral, FL 33909