623 NE 7th Terrace, Cape Coral, FL 33909 - Photo 1

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$129,000

For Sale
Active
Lots/Land
0.24 Acres

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Property Description

Build your dream home on this exceptional freshwater lot in one of Cape Coral's fastest-growing areas! This prime homesite offers the added value of approximately $23,000 in completed city water and sewer improvements, saving future owners significant time and expense. Surrounded by newer homes and ongoing development, this property provides an excellent opportunity for builders, investors, or anyone looking to create their custom Florida retreat. Enjoy the peaceful setting while remaining conveniently located near shopping, dining, schools, parks, and major roadways. With Cape Coral continuing to experience strong growth and demand, vacant lots with utility improvements already in place are becoming increasingly desirable. Don't miss this opportunity to secure a premium homesite in a thriving neighborhood with substantial infrastructure value already invested. Verify utility assessment status and building requirements with the City of Cape Coral.

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Full Property Details

Full Property Details for 623 NE 7th Terrace

General

Price: $129,000
Taxes: $1,862 (2025)
Status: Active
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: S5150905
Updated: 6/27/2026
Added to Site: 43 day(s) ago

Location

Area: 33909 - Cape Coral
County: Lee
Development Name: 33909 - Cape Coral
Subdivision: CAPE CORAL
Driving Directions: From Del Prado Blvd N, travel east on NE Pine Island Rd, then turn north onto NE 7th Terrace. Continue to the property located on the right side of the street. Look for sign.

Community

Community Name: 33909 - Cape Coral

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Sewer Connected, Water Connected

Structural Information

Current Bldg. Use: Residential

Additional Structures

Other Structures: Utility

Lot Features

Property View: Water
Lot Size (Acres): 0.24
Lot Size (Sq. Ft.): 10,585
Lot Size: 10585
Lot Dimensions: 84 x 125
Frontage: Street Paved, Private Road
Street/Road Desc.: Paved, Asphalt

Water Features

Water View: Yes
Water Access: Yes
Water Access Desc: Canal - Freshwater

Financial Considerations

Price Per Acre: $537,500
Tax Amount: $1,862.16
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: CAPE CORAL UNIT 35 BLK.2394 PB 16 PG 108 LOTS 25 + 26
Flood Zone Info: 071C
APN: 124423C202394.0250
Property ID: 124423C202394.0250
Block/Lot/Section: 2394

Listed by Star Platinum Realty Group Inc

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Schools

Schools serving 623 NE 7th Terrace

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	1.5 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	2.1 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	2.7 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.5 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.9 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.8 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	4.1 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.5 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 623 NE 7th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/27/2026

Price Reduced

$129,000

-13.42%

MLS

5/29/2026

Listed

$149,000

223.91%

MLS

6/21/2004

Sold

$46,000

—

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 623 NE 7th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,862

$16,838

-56%

2024

$1,704

-44%

$38,518

-10%

2023

$3,028

$42,613

271%

2021

$2,849

-4%

$11,500

-56%

2022

$2,973

$26,290

139%

2021

$2,849

-8%

$11,000

-21%

2018

$3,112

485%

$14,000

2017

$532

$13,485

-4%

2016

$514

-83%

$14,000

27%

2019

$3,057

556%

$11,000

-8%

2015

$466

16%

$12,000

2014

$402

16%

$11,300

-17%

2013

$347

—

$13,600

—

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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 623 NE 7th Terrace

623 NE 7th Terrace, Cape Coral, FL 33909 (MLS# S5150905) is a Lots/Land property with a lot size of 0.24 acres. 623 NE 7th Terrace is currently listed for $129,000 and was received on May 29, 2026. Want to learn more about 623 NE 7th Terrace? Do you have questions about finding other Lots/Land 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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623 NE 7th Terrace Cape Coral, FL 33909