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$675,000
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Property Description
Premium waterfront homesite with DIRECT SAILBOAT GULF ACCESS just minutes to open water. Enjoy approximately 2 minute boating access to the Caloosahatchee River with no bridges, no locks, and unrestricted water access. NEW SEAWALL with a high bulkhead is already in place, making this property shovel-ready for your custom waterfront dream home. Located in the highly desirable Tarpon Point area of Cape Coral, this lot is surrounded by newer luxury waterfront residences and impressive riverfront estates. Positioned across the street from stunning riverfront mansions, your future home will be in exceptional company in one of Southwest Florida's most prestigious boating corridors. Boaters will appreciate the proximity to Tarpon Point Marina and The Westin Cape Coral Resort, along with some of the area's top waterfront restaurants, including Marker 92, Gather, High Tide Social House, and Pinchers. Arrive by boat, car, or bike and enjoy the ultimate Florida coastal lifestyle. This Gulf-access homesite is also located in Cape Coral's most dynamic waterfront redevelopment corridor. The transformational Yacht Club Beach and Marina renovation will introduce resort-style pools, expanded marina facilities, waterfront dining, boutique retail, and vibrant community gathering spaces, further enhancing long-term property values. Just minutes away, The Cove at 47th is emerging as South Cape's walkable downtown destination featuring Oak and Stone with a rooftop bar, Aqua Seafood and Steaks, Big Nick's BBQ, Seed and Bean Market, and additional waterfront dining concepts opening through 2025 and 2026. Nearby Bimini Square continues its phased openings, with waterfront restaurants, boutique retail, Lee Health medical services, and public marina access, all designed around a live-work-play environment. With Tarpon Point Marina, The Westin Resort, Palmetto Pines Country Club, and Coral Oaks Golf Course all nearby, this property offers the rare combination of direct sailboat access, new seawall infrastructure, luxury surroundings, and strong future growth potential. Build your custom Gulf access estate in one of Cape Coral's most sought-after waterfront neighborhoods.
Full Property Details
Full Property Details for 5824 SW 1st Ave
General
- Price: $675,000
- Taxes: (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2026006679
- Updated: 2/26/2026
- Added to Site: 20 day(s) ago
Additional Information
- Shared Amenities: None, Boating, Non-Gated
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: East
Community
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: Central
- Water: Central, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Canal, Water, Water Feature
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 87 x 87 x 115 x 115
- Frontage Feet: 87
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: Regular
- Zoning: R1-W
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Navigable Water
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Acre: $2,934,782
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 3 BLK 200 PB 12 PG 70 LOT 14 & CAPE CORAL UNIT 3 PART 1 BLK 200 PB 16 PG 139 LOT 15
- Property ID: 23-45-23-C2-00200.0140
- Section: 23
- Block: 200
- Lot Number: 14
Listed by Compass Florida LLC
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Schools
Schools serving 5824 SW 1st Ave
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2.4 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 3 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 4 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 3.8 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 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 | 4.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 8.6 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 9.2 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 5824 SW 1st Ave
Date
Details
Price
Change
Source
2/12/2026
Listed
$675,000
—
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 5824 SW 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,427
-27%
$417,883
-19%
2024
$8,796
-29%
$513,985
-30%
2023
$12,363
109%
$734,807
117%
2021
$5,920
-6%
$339,275
-19%
2022
$6,289
6%
$420,040
12%
2021
$5,920
4%
$374,378
53%
2019
$5,715
4%
$244,163
10%
2018
$5,475
13%
$221,966
-22%
2017
$4,833
5%
$284,655
3%
2016
$4,604
15%
$276,249
32%
2015
$4,006
12%
$209,248
23%
2014
$3,592
-2%
$169,799
-19%
2013
$3,647
—
$208,842
—
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 5824 SW 1st Ave
5824 SW 1st Ave, Cape Coral, FL 33914 (MLS# 2026006679) is a Residential Lots property with a lot size of 0.23 acres. 5824 SW 1st Ave is currently listed for $675,000 and was received on February 12, 2026. Want to learn more about 5824 SW 1st Ave? 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.

