
Sold May 26, 2026
$45,000Oversized 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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Explore costs at the $50,000 asking price. Adjust the assumptions to your situation.
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.

Sold May 26, 2026
$45,000
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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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