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Bean Group
Offered at $85,000Active
beds
—
baths
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sq ft
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Built
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127 NW 5th Terrace

Cape Coral, FL 33993

About this home

Rare opportunity to own a triple lot on a canal in Cape Coral, offering an abundance of space and flexibility to bring your vision to life. Whether you're looking to build a spacious waterfront residence, create your own private Florida retreat, or invest in one of Southwest Florida's sought-after communities, this property provides an exceptional foundation for your plans. City water and sewer are already in place, with approximately 60% of assessments paid, helping make the path to construction even more convenient. Enjoy the benefits of canal-front living and the freedom to design a home that takes full advantage of this generous homesite. Don't miss this opportunity to secure a waterfront property with room to build and endless possibilities! TRIPLE LOT NEXT TO THIS LOT IS ALSO AVAILABLE!!

Listing last checked: Listing updated:

Listed by Jordan Lee, Michelle Lyons · John R Wood Properties · MLS #226034208

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Details at a glance

Interior1 property facts
Rooms
0
Building1 property facts
Style
Acreage
Land & utilities4 property facts
Lot size
0.344 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$2,854
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $85,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$668 / monthAdjust
Principal & interest
$430
Property tax
$238
Insurance
Not entered
HOA
$0

Listing annual taxes: $2,854. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 3 supplied

Sold Jul 24, 2026

$93,500

16045 Carnation Drive

Sold Jun 30, 2026

$82,000

2605 66th Avenue NE

Sold Jun 29, 2026

$84,000

Address available by request

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About 127 NW 5th Terrace

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Request a tour of 127 NW 5th Terrace and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.