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Bean Group
Offered at $399,000Active
beds
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baths
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sq ft
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Built
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3516 SW 7th Terrace

Cape Coral, FL 33991

About this home

DIRECT GULF ACCESS - NO BRIDGES! Bring your vision and your builder to this exceptional Gulf-access homesite in a quiet Cape Coral neighborhood where the best of the Southwest Florida lifestyle is right outside your future back door. This cleared residential lot with SEAWALL IN PLACE offers the highly sought-after combination of southern exposure and direct access to the Gulf of Mexico with NO bridges and NO locks between you and the open water. NO ASSESSMENTS! All city assessments are in and fully paid, providing an important advantage for your future construction plans. Imagine building your dream home and stepping outside to your own waterfront lifestyle - launch the boat, head out for a day of fishing, cruise toward the Gulf, or enjoy a sunset on the water without the restrictions of bridges or locks. The navigable canal and established seawall create an outstanding foundation for the home and boating lifestyle you've been dreaming about. Location is another major advantage. Pine Island Road puts shopping, restaurants, entertainment and everyday conveniences close at hand, while nearby Matlacha offers the colorful Old Florida atmosphere, waterfront dining, local art galleries, fishing and island-style activities that make this part of Southwest Florida so special. Enjoy local favorites such as Blue Dog Bar & Grill, Miceli's Restaurant and Yucatan Waterfront Tiki Bar and Grill, or head into Cape Coral for an even greater selection of restaurants, shopping and entertainment. The nearby Pine Island Road corridor puts convenient dining options within easy reach. For the savvy investor, this property also presents an exciting opportunity to acquire a waterfront parcel in a desirable boating community and hold it for future development or appreciation. and assessments paid, much of the groundwork is already established. Whether you're ready to build your forever home, create a seasonal Gulf Coast retreat, or add a waterfront parcel to your real estate investment portfolio, this is an opportunity worth seeing. Direct Gulf access, southern exposure, seawall in place and a location surrounded by the best of Cape Coral and Matlacha—this is Florida waterfront living at its finest!

Listing last checked: Listing updated:

Listed by Donna Pyle · Realty One Group MVP · MLS #226031768

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Details at a glance

Interior1 property facts
Rooms
0
Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.23 acres
Water
None
Sewer
None
Waterfront
Y
Financial3 property facts
Annual taxes
$4,718
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,411 / monthAdjust
Principal & interest
$2,018
Property tax
$393
Insurance
Not entered
HOA
$0

Listing annual taxes: $4,718. 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. Sld

    $349,000 · Sold $285,000 · Feb 17, 2025

More property insights

Comparable properties 3 supplied

Sold Aug 28, 2026

$430,000

5216 SW 10th Avenue

Sold Jun 10, 2026

$375,000

5214 SW 2nd Avenue

Sold Jul 27, 2026

$395,000

16269 Buccaneer Street

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About 3516 SW 7th Terrace

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