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How this price compares
- List price
- $42,900
- Price per sq ft
- N/A
- Original price
- $56,500
- Days on market
- 358
This lot is listed at $42,900. The asking price has come down 24.1% from its original $56,500. It has been on the market for 358 days.
Estimated monthly payment
$225 /mo
Principal and interest only, based on $8,580 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $42,900
- Days on Site
- 358 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.24 Acres
- Property Type
- Land
- MLS #
- R11125832
- Property Tax
- $1,063 (2025)
- Subdivision
- Cape Coral
- County
- Lee
- Status
- Active
About This Property
Waterfront living at an incredible price! This 10,280 sq. ft. (.24 acre) lot offers stunning Carousel Lake views and sits on a wide canal in one of Cape Coral's most desirable up-and-coming areas. Imagine building your dream home with peaceful water views, gorgeous sunsets, and quick access to the popular Coral Oaks Golf Club—just minutes away. With no HOA, you'll enjoy the freedom to design the home you truly want. The property will need well and septic, and there's currently no seawall, but neighboring new builds have been graded directly to the canal. If you choose to add one, seawalls typically range from $20K-$25K. At $56,500, this lot is priced well below comparable properties—canal lots across the water are listed at $59K-$60K, and Carousel Lake lots run between $105K-$110K.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- East
- Lot Size (Acres)
- 0.24
- Zoning
- R1-W
Exterior Features
- Lot Features
- Other / Less Than Quarter Acre
- Waterfront
- Yes
Community & HOA
- Community Features
- Sidewalks
- Utilities
- None
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
About the Area
- Homes for Sale
- 629
- Median List Price
- $438,000
- Median $/Sq Ft
- $250
- Avg Days on Market
- 152
Frequently Asked Questions
- How do I schedule a tour of 2616 NW 4th Place, Cape Coral, FL 33993?
- Use the Tour button on this listing to request a showing of 2616 NW 4th Place, Cape Coral, FL 33993. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2616 NW 4th Place, Cape Coral, FL 33993 still available?
- 2616 NW 4th Place, Cape Coral, FL 33993 is currently listed as Active, and has been on the market 358 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2616 NW 4th Place, Cape Coral, FL 33993?
- With 20% down ($8,580) on the $42,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2616 NW 4th Place, Cape Coral, FL 33993 is about $225/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2616 NW 4th Place, Cape Coral, FL 33993?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2616 NW 4th Place, Cape Coral, FL 33993. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 2616 NW 4th Place, Cape Coral, FL 33993?
- Often, yes. The right offer on 2616 NW 4th Place, Cape Coral, FL 33993 depends on how it's priced against comparable land sales in Cape Coral, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keyes - Boca East
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$42,900
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Listed by Dina Elfrard, Keyes - Boca East
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