1139 NE 5th Place

About this home

Located in a rapidly growing neighborhood of Cape Coral, this residentially zoned vacant lot offers the perfect blend of tranquility and convenience. Surrounded by newer construction and nestled on a fresh water canal, this eastern exposure property is just under a quarter acre and ready for your vision—whether you're a homeowner planning your dream build or a developer seeking a smart investment. This lot is tagged as Flood Zone X, NO flood insurance required and offers city water & sewer with 9 years of assessments around $3,734 per year to be assumed by new owner. Essential utilities including electric, phone, cable, and trash removal are available in the area, making development seamless. Attention Boat enthusiasts - Trailered boats can be taken to Cape Coral's boat ramp that is 10 to 15 minutes away. Enjoy easy access to Pine Island Rd, placing you just minutes US-41 & I-75 and within quick access to Port Charlotte, Punta Gorda and all of Cape Coral. This high-demand location offers proximity to shopping, dining, and medical facilities while maintaining a peaceful residential feel. Lots at this price and location don’t last long—secure your slice of Southwest Florida today!