$42,000 for Sale
701 nw 8th terrace , cape coral, FL 33993
Property Description
This is the one you have been looking for! Ready to go, canal-front residential lot with a paved road, with all public utilities (electricity, water and sewer) available on the street! Not in a flood zone! Build your dream home today or invest in your future! Located in Cape Coral in Lee County. Welcome to Southwest Florida, abundant with lakes, rivers, state forests and preserves, and the waters of the Gulf coast. Land and water adventures await your arrival. Go hiking, biking, riding, boating and more. Shopping, dining, and entertainment are all nearby. Easy access to State Road 78, I-75, and US 41 make the beaches, and the rest of Florida an easy trip. Buy this lot today for a quick cash price of $42,000. That's far below nearby comparable sales and Way below nearby properties on the market! Owner financing is also available at a price of $48,000 with 20% down. Use 701 NW 8th Terrace, Cape Coral, FL in the GPS. From the corner of S.R. 78 (Pine Island Rd) and Del Prado Blvd: Head west on Pine Island for.6 mile. Turn right (North) on NE 10th Place for .1 mile. Turn left (West) on NE 7th Street for .4 mile. Continue on Tropicana Parkway for 1.8 miles. turn right (North) on NW 5th Place and then left (West) on NW 8th Terrace. The subject will be on the right, in approximately .2 miles. This is the last vacant lot on the right, just before the home that has an address of 705 NW 8th Terrace.
Waterfront
Water Name: HERMOSA CANAL
Water Description: Canal - Freshwater
General Information
Sale Price: $42,000
Price/SqFt:
Status: Active
MLS#: O6352936
City: cape coral
Post Office: cape coral
County: Lee
Subdivision: cape coral
Acres: 0.23
Lot Dimensions: 80 x 125
Size:
Acreage: 0.23 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $1,700
Legal Description: CAPE CORAL UNIT 38 BLK 2608 PB 16 PG 88 LOTS 15 + 16

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Gary Pendergast of FLORIDA RE ANALYSTS, INC, Phone: 407-702-8363