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Southern-Exposed Waterfront Land
For Sale
$35,000

2318 NE 42nd Terrace, Cape Coral, FL 33909

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.28 Acres
Days on Market226

Property Features for 2318 NE 42nd Terrace

General Information

Property type Land
Property subtype Other
Zoning description R1-W
Vegetation Grassed, Brush
Subdivision CAPE CORAL
Lot features Irregular Lot
Standard status Active
APN 17-43-24-C2-05803.0040
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CAPE CORAL UNIT 88 BLK 5803 PB 24 PG 137 LOT 4
Tax Annual Amount 972
Legal Description CAPE CORAL UNIT 88 BLK 5803 PB 24 PG 137 LOT 4

Utilities

Water front features Canal Access, Waterfront
Water front 1
Listing Agency: Florida Home Realty Inc. · Better Homes and Gardens Real Estate
Listed By: Beate Geppert · License #258034898
Added: Jan 26 Changed: Sep 6 Last Checked: Sep 9 at 6:06PM
MLS# 2026004441

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.

Build your dream home on this waterfront lot with canal access and southern exposure. The property is located outside the 100-year flood zone, offering a straightforward site for residential development.

Set on a quiet, paved public road with no through traffic, it’s positioned for both privacy and daily convenience. Island Coast High School is about 1.1 miles away. Shopping options include the Shoppes at Del Prado, roughly 7 minutes away, and Northpoint Shopping Center, about 11 minutes away. Outdoor recreation is close as well, with Gator Trails Park approximately 2 minutes from the property.

The lot size is approximately 0.281 acres, providing a compact footprint for building while keeping the surrounding setting focused on livability.

Key Highlights

  • Canal access waterfront lot with southern exposure
  • Outside the 100‑year flood zone
  • Quiet paved public road with no through traffic

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Building Supply Dental Office

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront lot with canal access and southern exposure, outside the 100-year flood zone on a paved public road.
Where is this waterfront land located?
The property is located at 2318 NE 42nd Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Canal access waterfront lot with southern exposure; Outside the 100‑year flood zone; Quiet paved public road with no through traffic
More about this property
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