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308 NW 38th Pl Cape Coral, FL 33993

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For Sale
$320,000

Waterfront lot with direct Gulf access, ideal for development.

Type:Land
Added:
Apr 10, 2026
Days on Market:
7
Last Refresh:
Apr 10 at 9:04 am

Property Features for 308 NW 38th Pl

General Information

Standard status
Active
Property subtype
Land

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Listing Contact
Jenny Beach
Jenny Beach

Listing agent Jenny Beach License #282019058

Listing office John R. Wood Properties

Listing date Apr 10, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of John R. Wood Properties


Overview

Gulf-Access Lot in Growing Area

Located in a rapidly expanding area of Cape Coral, this Gulf-access lot at 308 NW 38th Pl offers an opportunity for long-term appreciation and future development. It features direct access to Matlacha Pass and requires crossing only one bridge to reach open water. This property is suitable for future buyers, vacation home builders, or rental investors seeking waterfront property. The location is minutes from the planned Seven Islands Project, a mixed-use development expected to include waterfront dining, retail, marina access, and entertainment. Nearby Tropicana Park and Joe Stonis Park enhance neighborhood appeal. The property benefits from proximity to the expanding Pine Island Road corridor, which is attracting new businesses, restaurants, and national retailers. Boating access to Matlacha, Sanibel, Captiva, Boca Grande, Cayo Costa, Fort Myers Beach, Punta Gorda, and Fort Myers adds vacation rental and resale appeal. Coral Oaks and Royal Tee Golf Courses are also nearby. This lot is positioned for speculative hold, new construction resale, or long-term portfolio investment due to limited Gulf-access inventory and continued population growth in Northwest Cape Coral. The bike score is 26, indicating it is somewhat bikeable, while the walk score is 0, indicating car dependence.
Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Real Estate Agency Law Firm Restaurant Building Supply Gym & Fitness Center Skin Care Clinic Accounting Firm Department Store Hotel & Motel HVAC Service

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

Location Insight

  • Map
  • Local Demand
City
Cape Coral
County
Lee
State
Florida
Longitude
-82.0536002
Latitude
26.6581982

FAQs

What type of property is this?
Waterfront Land - Waterfront lot with direct Gulf access, ideal for development.
Where is this waterfront land located?
The property is located at 308 NW 38th Pl Cape Coral, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Direct Gulf access with only one bridge to open water via Matlacha Pass.; Proximity to the planned Seven Islands Project, a major mixed‑use waterfront development.; Located in a rapidly expanding area of Northwest Cape Coral with limited Gulf‑access inventory.
More about this property
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