$42,000

701 NW 8TH TERRACE, Cape Coral, FL 33993

Land
Built in ——
10,019sqft lot
—— car garage
$——/sqft
Listed 6 days ago

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.

Listing Status:: Active
Date Added:: October 21, 2025 at 05:00AM
Listing Office:: FLORIDA RE ANALYSTS, INC : 407-702-8363
Listing Agent:: Gary Pendergast : 407-702-8363
MLS ID:: O6352936

Road/Access: AsphaltPaved
Originating MLS: mfrmls
County: Lee

Zoning: R1-WCAPE CORAL UNIT 38 BLK 2608 PB 16 PG 88 LOTS 15 + 1602-44-23-C4-02608.0150
View: Water
Current Use: Residential

Utilities: Electrical NearbyElectricity AvailablePhone AvailablePublicSewer AvailableSewer NearbyTelephone NearbyWater AvailableWater Nearby
Water: Public
Sewer: Private Sewer

Source: mfrmls
Ownership: Other

This listing courtesy of Gary Pendergast, FLORIDA RE ANALYSTS, INC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hector A. Cafferata, Jr. Elementary School

250 Santa Barbara Blvd N, Cape Coral, FL, 33993

Grades KG-5

1.11 miles away

Mariner Middle School

425 Chiquita Blvd N, Cape Coral, FL, 33993

Grades 6-8

1.19 miles away

Cape Coral Technical College

360 Santa Barbara Blvd N, Cape Coral, FL, 33993

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.