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Bean Group
Offered at $140,000Active
beds
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baths
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sq ft
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Built
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1721 NW 8th Terrace

Cape Coral, FL 33993

About this home

Discover the potential of this unique P1-W zoned property in the growing community of Cape Coral. This cleared canal and lakefront lot offers a rare opportunity for buyers seeking flexibility, as the P1-W zoning allows for a variety of possible uses (buyer to verify with the City of Cape Coral). Boasting 120 feet of cement seawall, this property is perfectly positioned on the Hermosa Canal with intersecting views of Albatross Lake, providing a beautiful waterfront setting with a desirable north rear exposure—ideal for enjoying peaceful water views and stunning Southwest Florida sunsets. Whether you’re an investor looking toward future development or exploring permitted residential possibilities, this property presents a valuable option in a rapidly expanding area. Conveniently located near shopping, dining, schools, and major roadways, this lot offers easy access to everything Southwest Florida has to offer, including nearby Gulf beaches, golf courses, and recreational amenities. With new construction and development continuing throughout the area, now is the perfect time to secure your piece of land in this desirable location. Don’t miss your chance to own a prime waterfront parcel in one of Southwest Florida’s fastest-growing cities.

Listing last checked: Listing updated:

Listed by Cheryl Wood · Marina Park Realty LLC · MLS #2026038817

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Details at a glance

Interior1 property facts
Cooling
SeeRemarks
Building1 property facts
Style
Acreage
Land & utilities4 property facts
Lot size
0.345 acres
Water
None
Sewer
None
Waterfront
Y
Financial3 property facts
Annual taxes
$1,329
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $140,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$819 / monthAdjust
Principal & interest
$708
Property tax
$111
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,329. 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.

Price and status timeline

  1. Ter

    $150,000 · Sep 8, 2025

  2. Sld

    $58,900 · Sold $53,500 · Nov 3, 2021

More property insights

Comparable properties 2 supplied

Sold Jul 6, 2026

$132,200

4670 Everglades Boulevard N

Sold Sep 1, 2026

$135,000

1861 N YAWKEY Point

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About 1721 NW 8th Terrace

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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.