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    1616 NW 38Th Pl Cape Coral, FL 33993

    Pending
    For Sale
    $149,000

    LAND - Cape Coral, FL

    Lot size:
    0.24 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 1616 NW 38Th Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    31-43-23-C4-04314.0780
    Lot size
    0.24 Acres

    Utilities

    Water front features
    Canal Access
    Water front
    1

    Miloff Aubuchon Realty Group, Inc. (239) 542-1075 [email protected]

    Listing agent Andrea Signorelli (239) 823-6906 License #252000029

    Listing date Nov 17, 2025

    MLS# 2025018327 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Coral Land For Sale

    This oversized lot is located on the 100ft Wide Penelop Canal and features west exposure. The lot measures 85x125, potentially allowing for a wider building design or increased space between neighboring properties. For boaters, the location provides access to Charlotte Harbour, the barrier islands, and the Gulf of Mexico with only one bridge to navigate. The property is located in Cape Coral, FL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Food Market Accounting Firm HVAC Service Women's Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.053325
    Latitude
    26.683596

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    FAQs

    What type of property is this?
    Land - Oversized lot on Penelop Canal with west exposure.
    Where is this land located?
    The property is located at 1616 NW 38Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: - Waterfront property.; - Direct canal access with only one bridge to Charlotte Harbour and the Gulf of Mexico.; - West-facing exposure for **sunset views**.
    (239) 823-6906
    Request Owner's contact information
    1616 NW 38Th Pl Cape Coral, FL 33993
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    Cape Coral, FL 33993
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1616 NW 38Th Pl Cape Coral, FL 33993
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