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Residential Lot in Growing Corridor
For Sale
$54,900

2314 NW 42nd Place, Cape Coral, FL 33993

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market209

Property Features for 2314 NW 42nd Place

General Information

Property type Land
Property subtype Other
Zoning description R1-D
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions GPS
Standard status Active
APN 36-43-22-C2-05283.0350
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 82 BLK 5283 PB 24 PG 126 LOTS 35 + 36
Tax Annual Amount 1262
Legal Description CAPE CORAL UNIT 82 BLK 5283 PB 24 PG 126 LOTS 35 + 36
Listing Agency: Real Broker, LLC
Listed By: Gabriel Negron Masini · License #258030493
Added: Jan 28 Changed: Aug 20 Last Checked: Aug 25 at 4:06AM
MLS# 2026004896

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 residential lot is located in a growing area of Cape Coral, Florida. The 0.23-acre property is surrounded by new construction homes and offers access to the Southwest Florida lifestyle, including a public boat ramp 5 miles away. The lot is located minutes from the planned Seven Islands Project, a 48-acre waterfront development expected to feature nearly 1,000 residential units, a 240-room hotel, marina, dining, and retail. As of January 2026, the City Council has approved the development agreement, with construction expected to unfold over the next decade. Matlacha, known for its art scene, boutiques, and seafood restaurants, is a 10-minute drive away. This lot offers location and investment potential.

Key Highlights

  • Prime residential lot surrounded by upscale new construction in a rapidly growing area of Cape Coral.
  • Minutes from the future Seven Islands Project, a large waterfront development with residential, hotel, marina, dining, and retail components.
  • Exceptional opportunity for long‑term property value appreciation due to ongoing and planned development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Accounting Firm Bakery

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

36
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?
Residential land & home lot - Prime lot near future waterfront development and Matlacha.
Where is this residential land & home lot located?
The property is located at 2314 NW 42nd Place Cape Coral, FL.
What is the asking price?
The asking price for this property is $54,900.
What are key features of this property?
This property features: Prime residential lot surrounded by upscale new construction in a rapidly growing area of Cape Coral.; Minutes from the future Seven Islands Project, a large waterfront development with residential, hotel, marina, dining, and retail components.; Exceptional opportunity for long‑term property value appreciation due to ongoing and planned development.
More about this property
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