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    Property profile & analytics

    120 31St Pl Cape Coral, FL 33993

    • Commercial real estate
    • 0.23 lot acres
    For Sale
    View listing
    $49,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-3143167
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 120 31St Pl

    Lot size
    0.23 lot acres
    Property type
    Commercial real estate
    APN
    08-44-23-c4-03987.0810

    Description

    This exceptional 0.23-acre residential lot is located at 120 NW 31st Place, Cape Coral, Florida, 33993. Situated in Lee County, this vacant land presents a fantastic opportunity for building your dream home. The property boasts a convenient location within the vibrant Cape Coral community, offering easy access to local amenities, attractions, and transportation routes. The lot's size provides ample space for a comfortable residence and potential landscaping. With its attractive asking price of $49,000, this property represents exceptional value in the current market. The APN is 08-44-23-c4-03987.0810. This is a rare opportunity to acquire a buildable lot in a desirable location. Don't miss out on this chance to create your ideal living space in sunny Florida. The property is classified as residential land and is ready for development. Buyers are responsible for conducting their own due diligence regarding zoning regulations and building permits. Act quickly, as properties like this are in high demand.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.0388765
    Latitude
    26.655323

    Comparable in this City

    • $188,000

      Cape Coral Waterfront Lot

      Gulf access, 0.25 acres, build your dream home
      2310 33Rd Ave, Cape Coral, FL 33993
      View Details
    • $50,000

      Cape Coral Commercial Land Investment

      Prime 11,500 SF Corner Lot
      2720 21St Pl, Cape Coral, FL 33993
      View Details
    • $10,900,000
      153.00 Acres

      Prime Morris County Office Space

      Two Suites Available, All-Inclusive Rent
      2901 Burnt Store Rd, Cape Coral, FL 33993
      View Details
    • $54,900
      0.24 Acres

      Cape Coral Land Opportunity

      Cleared multi-family lot, potential for duplex or single-family homes.
      2029 Diplomat Pkwy W, Cape Coral, FL 33993
      View Details
    • $178,900
      Pending

      Half Acre Lot in Cape Coral

      Half acre lot in Cape Coral with multi-family zoning.
      1303 Chiquita Blvd N, Cape Coral, FL 33993
      View Details
    • $49,000

      Cape Coral Residential Land - $49K

      10,000 sq ft vacant lot, R1 zoning.
      124 31St Pl, Cape Coral, FL 33993
      View Details

    Similar Nearby for Sale

    • $54,900
      0.24 Acres

      Cape Coral Land Opportunity

      Cleared multi-family lot, potential for duplex or single-family homes.
      2029 Diplomat Pkwy W, Cape Coral, FL 33993
      View Details
    • $178,900
      Pending

      Half Acre Lot in Cape Coral

      Half acre lot in Cape Coral with multi-family zoning.
      1303 Chiquita Blvd N, Cape Coral, FL 33993
      View Details
    • $188,000

      Cape Coral Waterfront Lot

      Gulf access, 0.25 acres, build your dream home
      2310 33Rd Ave, Cape Coral, FL 33993
      View Details
    • $50,000

      Cape Coral Commercial Land Investment

      Prime 11,500 SF Corner Lot
      2720 21St Pl, Cape Coral, FL 33993
      View Details
    • $10,900,000
      153.00 Acres

      Prime Morris County Office Space

      Two Suites Available, All-Inclusive Rent
      2901 Burnt Store Rd, Cape Coral, FL 33993
      View Details
    • $4,750,000
      10.00 Acres

      Cape Coral Mixed-Use Development Site

      10-acre mixed-use development site approved for multifamily and commercial use.
      801 Larch Rd, Cape Coral, FL 33993
      View Details
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    120 31St Pl
    Cape Coral, FL 33993
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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