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Bean Group
Offered at $50,000Active
beds
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baths
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sq ft
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Built
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2516 NW 1st Terrace

Cape Coral, FL 33993

About this home

Oversized freshwater canal lot in NW Cape Coral — no gulf access, so you get quiet, private canal-front living at real value. This .24-acre (10,629 sq ft) has a South rear exposure, cleared and ready, on a public paved road with cable and electric available at the street. No HOA, no mandatory club fees. Bring your builder and enjoy peaceful canal living in a growing corner of Cape Coral. There is a current burrowing owl nest at the front of the property. The lot is buildable — construction and site work must comply with City of Cape Coral requirements.

Listing last checked: Listing updated:

Listed by Rosy Palermo · Palermo Real Estate LLC · MLS #2026034362

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Details at a glance

Interior1 property facts
Cooling
SeeRemarks
Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.244 acres
Water
None
Sewer
None
Waterfront
Y
Financial3 property facts
Annual taxes
$963
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $50,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$333 / monthAdjust
Principal & interest
$253
Property tax
$80
Insurance
Not entered
HOA
$0

Listing annual taxes: $963. 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 May 26, 2026

$45,000

406 NW 24th Avenue

Sold Jun 3, 2026

$50,000

2435 NW 6th Street

Sold May 31, 2026

$45,000

312 NW 18th Avenue

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About 2516 NW 1st Terrace

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Request a tour of 2516 NW 1st Terrace and a Bean Group agent will help coordinate an available time with the listing side.

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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.