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Waterfront Homesite on Penelop Canal
For Sale
$150,000

1645 NW 39th Ave, Cape Coral, FL 33993

Gulf access waterfront lot in a growing Cape Coral corridor.

Property SizeContact for details
Days on Market152

Property Features for 1645 NW 39th Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,990
Listing Agency: RE/MAX Realty Team
Listed By: Judy Sylvia · License #252000382
Source: Elliman
Added: Apr 3 Changed: Aug 14 Last Checked: Aug 30 at 9:59PM

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 RE/MAX Realty Team

Investment Insights

Based on property information with market context.

This waterfront homesite is located along the Penelop Canal in Unit 61. The lot offers approximately 80 feet of waterfront and a depth of 125 feet, providing space to design a home. The property allows direct access to the Gulf of Mexico, with destinations like Cayo Costa, Cabbage Key, Sanibel, and Boca Grande within reach. The eastern rear exposure allows for sunrises and gentle morning light. The backyard provides natural shade over the lanai and pool area. Positioned approximately one mile from the Seven Islands development, this property is located in one of Cape Coral’s growth corridors. The City’s Vision Plan is bringing momentum to this area, with new construction homes and investment shaping a vibrant future. Seven Islands is planned to include marina access, dining, recreation, and gathering spaces. A championship golf course is a few miles away, with expanding options for shopping and dining nearby. Southwest Florida International Airport is roughly 30 miles away, and Punta Gorda Airport is about 20 miles away.

Key Highlights

  • Gulf access homesite on the Penelop Canal with approximately 80 feet of waterfront, providing direct boating access to the Gulf of Mexico and nearby islands.
  • Eastern rear exposure offers soft morning sunrises and shaded afternoons, ideal for comfortable year‑round outdoor living.
  • Located approximately one mile from the future Seven Islands development, offering potential future access to marina, dining, recreation, and gathering spaces.

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 waterfront lot in a growing Cape Coral corridor.
Where is this waterfront land located?
The property is located at 1645 NW 39th Ave Cape Coral, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Gulf access homesite on the Penelop Canal with approximately 80 feet of waterfront, providing direct boating access to the Gulf of Mexico and nearby islands.; Eastern rear exposure offers soft morning sunrises and shaded afternoons, ideal for comfortable year‑round outdoor living.; Located approximately one mile from the future Seven Islands development, offering potential future access to marina, dining, recreation, and gathering spaces.
More about this property
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