Sold May 20, 2026
$58,500Photos unavailable
About this home
Build your dream home in one of Cape Coral’s most exciting growth corridors. This prime residential lot is surrounded by upscale new construction homes and offers easy access to the Southwest Florida lifestyle—just 5 miles from a public boat ramp for quick days on the water. Located minutes from the highly anticipated Seven Islands Project, a transformative 48-acre waterfront development set to feature nearly 1,000 residential units, a 240-room hotel, marina, dining, and retail. As of January 2026, the City Council has approved the development agreement, with construction expected to unfold over the next decade—making this an exceptional opportunity for long-term appreciation. Enjoy a 10-minute drive to Matlacha, the iconic Old Florida fishing village known for its vibrant art scene, local boutiques, and waterfront seafood restaurants. Whether you’re building now or holding for the future, this lot offers the perfect blend of location, lifestyle, and investment potential.
Listing last checked: Listing updated:
Listed by Gabriel Negron Masini · Real Broker, LLC · MLS #2026004896
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building1 property facts
- Style
- Residential
Land & utilities3 property facts
- Lot size
- 0.23 acres
- Water
- None
- Sewer
- None
Financial3 property facts
- Annual taxes
- $1,262
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $54,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$383 / monthAdjust
- Principal & interest
- $278
- Property tax
- $105
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $1,262. 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
- Sld
$48,500 · Sold $45,000 · Jun 6, 2023
More property insights
Comparable properties 3 supplied
Sold Apr 30, 2026
$60,0003403 NW 41st Place
Sold Jun 16, 2026
$60,0001623 NW 31st Avenue
Explore more of Cape Coral
Continue your search in Cape Coral.
Need help making sense of this home?
About 2314 NW 42nd Place
Can I request a private showing?
Request a tour of 2314 NW 42nd Place 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.