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How this price compares
- List price
- $250,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 126
This lot is listed at $250,000. It has been on the market for 126 days.
Estimated monthly payment
$1,314 /mo
Principal and interest only, based on $50,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $250,000
- Days on Site
- 126 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.23 Acres
- Property Type
- Land
- MLS #
- A11947649
- Property Tax
- $2,336 (2024)
- Subdivision
- Cape Coral
- County
- Lee
- Status
- Active
About This Property
Magnificent gulf access lot, perfectly positioned on Watermelon Canal in the highly desirable part of NW Cape Coral. You'll be captivated by the tranquil views and the peaceful atmosphere. Strategically located just east of Old Burnt Store Rd, this lot places you minutes away from the open Gulf waters. With brand new homes being built this area is highly sought after (house adjacent to this lot sold in 2021 for $1.2M!). The upcoming 7 Islands development elevates this opportunity, promising a host of new amenities including fine dining, shopping, and recreational activities. This addition will not only enhance your lifestyle but also add value to your investment. Build your dream home here (we can recommend builders). Property listing co-listed with Barclay’s Real Estate Group, Cape Coral
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- East
- Lot Size (Acres)
- 0.23
Exterior Features
- Lot Features
- Cleared / City Lot / Other
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Fixed Bridge / Navigable Water / Ocean Access
- Frontage
- Waterfront
- Frontage Length
- 80.00 ft
- View
- Canal
Community & HOA
- Utilities
- None / Sewer Not Available / Trash Collection / Water Not Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
Features & Amenities
About the Area
- Homes for Sale
- 441
- Under Contract
- 0
- Median List Price
- $434,900
- Median $/Sq Ft
- $244
- Avg Days on Market
- 172
Frequently Asked Questions
- How do I schedule a tour of 718 NW 38 Place, Cape Coral, FL 33993?
- Use the Tour button on this listing to request a showing of 718 NW 38 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 718 NW 38 Place, Cape Coral, FL 33993 still available?
- 718 NW 38 Place, Cape Coral, FL 33993 is currently listed as Active, and has been on the market 126 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 718 NW 38 Place, Cape Coral, FL 33993?
- With 20% down ($50,000) on the $250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 718 NW 38 Place, Cape Coral, FL 33993 is about $1,314/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 718 NW 38 Place, Cape Coral, FL 33993?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 718 NW 38 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 718 NW 38 Place, Cape Coral, FL 33993?
- Often, yes. The right offer on 718 NW 38 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 Dezer Platinum Realty LLC
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.
$250,000
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Listed by Jeanette Pressman, Dezer Platinum Realty LLC
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