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Waterfront Land in Cape Coral
For Sale
$154,900

1637 NW 39th Avenue, Cape Coral, FL 33993

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market115

Property Features for 1637 NW 39th Avenue

General Information

Property type Land
Property subtype Other
Subdivision CAPE CORAL
Lot features Rectangular Lot
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1911

Utilities

Water front features Canal Access
Water front 1
Listing Agency: RE/MAX Realty Team · RE/MAX International
Listed By: Judy Sylvia · License #252000382
Added: May 7 Changed: Aug 26 Last Checked: Aug 29 at 11:06PM
MLS# 2026020931

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This Gulf access homesite is located along the Penelop Canal in Unit 61. It offers approximately 80 feet of waterfront and a spacious 125-foot depth. Destinations like Cayo Costa, Cabbage Key, Boca Grande, and Sanibel are within easy reach. The property features an eastern rear exposure. The location is roughly a mile from the anticipated Seven Islands project, which includes plans for marina access, waterfront dining, recreation, entertainment, and gathering spaces. A championship golf course sits just a few miles away, along with expanding shopping and dining options throughout the area. Punta Gorda Airport is approximately 20 miles away, and Southwest Florida International Airport is within about 30 miles. The property is more than just vacant land, it offers the opportunity to create a home where mornings begin with reflections dancing on the water, afternoons unfold at a slower pace, and boating becomes woven into everyday life. The surrounding area continues to grow and evolve, offering not only a beautiful setting for today, but also a meaningful investment in what's still to come. The lot size is 0.23 acres. The property is located in Cape Coral, FL.

Key Highlights

  • Gulf access homesite with approximately 80 feet of waterfront on the Penelop Canal.
  • Eastern rear exposure provides soft morning sunlight and comfortable afternoon shade.
  • Located approximately one mile from the future Seven Islands project with marina access, dining, and recreation.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Law Firm Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 33993, FL

29,848
Population
13,098
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
43.7 sq mi
ZIP Area
683
Density / Sq Mi
$89,220
Median Household Income
$41,871
Median Earnings
$2,057
Median Rent
$319,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Gulf access homesite with waterfront views and development potential.
Where is this waterfront land located?
The property is located at 1637 NW 39th Avenue Cape Coral, FL.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Gulf access homesite with approximately 80 feet of waterfront on the Penelop Canal.; Eastern rear exposure provides soft morning sunlight and comfortable afternoon shade.; Located approximately one mile from the future Seven Islands project with marina access, dining, and recreation.
More about this property
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