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Waterfront Land in Cape Coral
For Sale
$75,000

1928 NE 42nd Terrace, Cape Coral, FL 33909

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market173

Property Features for 1928 NE 42nd Terrace

General Information

Property type Land
Property subtype Other
Zoning description R1-W
Subdivision CAPE CORAL
Lot features Rectangular Lot
Directions De Navarra Pkwy to right on E Gator Circle then right on NE 42nd Ter. to the third lot on the left.
Standard status Active
APN 17-43-24-C1-05821.0050
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description CAPE CORAL UNIT 88 BLK 5821 PB 24 PG 141 LOTS 5 + 6
Tax Annual Amount 944
Legal Description CAPE CORAL UNIT 88 BLK 5821 PB 24 PG 141 LOTS 5 + 6

Utilities

Water front features Seawall, Canal Access
Water front 1
Listing Agency: Flatfee.com
Listed By: Cliff Glansen · License #278017259
Added: Mar 21 Changed: Aug 26 Last Checked: Sep 9 at 12:06AM
MLS# 2026013702

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 property is a waterfront lot situated on the Gator Slough canal, featuring a wide water view and a south-facing backyard. An 85-foot seawall was newly installed in 2024. Located in Northeast Cape Coral, the lot provides access to downtown Fort Myers and the Pine Island Road corridor, with nearby dining and shopping options. The property does not require flood insurance. The lot size is 0.23 acres.

Key Highlights

  • Wide water view on the expansive Gator Slough canal.
  • Brand‑new 85‑foot seawall installed in 2024.
  • South‑facing backyard.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Repair Shop HVAC Service Garden Center

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

31
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront lot with new seawall and south-facing backyard.
Where is this waterfront land located?
The property is located at 1928 NE 42nd Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Wide water view on the expansive Gator Slough canal.; Brand‑new 85‑foot seawall installed in 2024.; South‑facing backyard.
More about this property
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