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Bean Group
Offered at $39,500Active
beds
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baths
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sq ft
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Built
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2477 NW 8th Terrace

Cape Coral, FL 33993

About this home

Seller financing available: 25% down, 10% interest, 3-year term with balloon payment; buyer responsible for taxes, closing costs, and maintenance. Build your future home on this desirable standard-sized vacant lot located in the fast-developing area of Northwest Cape Coral. Offering northern rear exposure, this property is ideal for consistent shade in the backyard during the summer months and perfect for those who prefer cooler outdoor living spaces. Situated within North 4 of the Utilities Expansion Project, with city water and sewer installation planned (dates TBD), this lot presents excellent long-term potential for homeowners and investors alike. Surrounded by ongoing development and conveniently located near parks, schools, shopping, and dining, this homesite offers both value and opportunity. Whether you are looking to build now or hold as an investment, this is a fantastic chance to secure property in a thriving and sought-after area of Cape Coral.

Listing last checked: Listing updated:

Listed by Amanda Courtney · REP Realty Group · MLS #2026026056

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities3 property facts
Lot size
0.23 acres
Water
None, Well
Sewer
None, Septic Tank
Financial3 property facts
Annual taxes
$902
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $39,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$275 / monthAdjust
Principal & interest
$200
Property tax
$75
Insurance
Not entered
HOA
$0

Listing annual taxes: $902. 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

    $38,900 · Nov 14, 2025

  2. Sld

    $44,900 · Sold $40,000 · Jun 3, 2024

  3. Sld

    $24,900 · Sold $24,900 · Jan 28, 2021

More property insights

Comparable properties 3 supplied

Sold Apr 3, 2026

$41,000

2605 NW 6th Terrace

Sold May 7, 2026

$43,000

2241 NW 7th Street

Sold Jun 16, 2026

$40,000

2815 NW 5th Terrace

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About 2477 NW 8th Terrace

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Request a tour of 2477 NW 8th 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.