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Oversized Canal Lot Opportunity
For Sale
$43,250

807 Northeast 38th Terrace, Cape Coral, FL 33909

0.28 acre freshwater canal lot in booming Cape Coral.

Property SizeContact for details
Lot Size0.28 Acres
Days on Market155

Property Features for 807 Northeast 38th Terrace

General Information

Standard status Active
Lot size 0.28 Acres
Property subtype Lot & Land

Taxes and HOA fees

Annual Taxes $1,122

Amenities

Canal Width 81-120
No
Non Gated, None
Listing Agency: Sposen Realty & Development
Listed By: Ellison Espinal · License #258020755
Source: Compass
Added: Mar 13 Changed: Aug 8 Last Checked: Jul 16 at 2:59AM

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 Sposen Realty & Development

Investment Insights

Based on property information with market context.

This 0.28-acre lot presents an opportunity for ownership in a growing section of Cape Coral. Situated on a freshwater canal, the property is suitable for constructing a home. The lot is located in Zone X, eliminating the requirement for flood insurance. Adjacent lots at 801 NE 38th Ter and 3819 Andalusia Blvd are also available for purchase, offering the possibility of combining them for nearly an acre of land. This combined parcel could accommodate a single estate or multiple homes. There are currently no assessments due.

Key Highlights

  • Oversized 0.28‑acre freshwater canal lot, ideal for building a custom home.
  • Zone X designation, eliminating the requirement for flood insurance.
  • Opportunity to purchase adjacent lots to create nearly an acre of land.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Restaurant Law Firm Spa & Massage Center Nail Salon Hair Salon Locksmith

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

61
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?
Land - 0.28 acre freshwater canal lot in booming Cape Coral.
Where is this land located?
The property is located at 807 Northeast 38th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $43,250.
What are key features of this property?
This property features: Oversized 0.28‑acre freshwater canal lot, ideal for building a custom home.; Zone X designation, eliminating the requirement for flood insurance.; Opportunity to purchase adjacent lots to create nearly an acre of land.
More about this property
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