
Sold Jul 28, 2026
$40,000Building a dream home in Southwest Florida? This .366-acre oversized corner lot in Central Cape Coral is a rare find that perfectly balances space, privacy, and convenience.Property Overview Located at 224 NW 28th TER, this property offers a generous 15,943 sq. ft. canvas for a custom single-family residence. Its unique "inside corner" positioning provides extra design flexibility and a sense of seclusion within a growing, vibrant neighborhood.Location & Lifestyle: The lot is strategically placed to keep you connected to the best of the Gulf Coast:Everyday Essentials: Just minutes from local schools, parks, shopping centers, and diverse dining options.Coastal Escapes: Enjoy a short drive to the artistic charm of Matlacha, the Waterfront Resturants in Downtown Cape Coral and Fort Myers.Seamless Commutes: Quick access to major arteries like Burnt Store Road and Pine Island Road makes traveling through Lee County effortless.Key HighlightsFeatureDetailsSize.37 Acres (approx. 58x189x175x125)ZoningR1-D (Single Family Residential)ExposureSouthwest Rear Exposure (ideal for sunsets/pools) Utilities: Septic & Well requiredAnnual Taxes$990 (2024)Note: With no HOA fees and a central location, this lot is an excellent choice for both immediate custom construction or as a long-term investment in Cape Coral's expanding market. This lot does have an Owl restriction, however, I have found only one degraded and empty nest. The only requirement would be to have an enviormental firm check the lot and send their findings to Cape Coral. Approximate cost $300 to $400. This is a great opportunity to purchase this oversized property.
Listing last checked: Listing updated:
Listed by Smitty Smith · ERA Cape Realty · MLS #2026038797
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Listing annual taxes: $990. 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.
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$75,570 · Sold $76,100 · Jul 9, 2009

Sold Jul 28, 2026
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