About this home
Discover the perfect location to build your dream home on this slightly oversized waterfront lot in beautiful Cape Coral. Situated on a wide canal, this property offers stunning water views down the entire canal and the highly desirable southern rear exposure, providing sunshine on your future pool and outdoor living space throughout the day. The lot features a brand-new seawall, saving you significant construction costs and giving you a head start on building. With extra space compared to standard lots, you'll have more flexibility for your home design, landscaping, and outdoor entertaining. Located in a growing area of Cape Coral, this property offers easy access to shopping, dining, schools, and all the amenities Southwest Florida has to offer. Whether you're planning to build now or invest for the future, this waterfront homesite is a fantastic opportunity. City water is already in place so no need to build a costly well! Don't miss your chance to own a piece of paradise with wide canal views, southern exposure, and a new seawall already in place. *Lot next door is also available for sale*
Listing last checked: Listing updated:
Listed by Kevin Koch · Vacationhit Realty · MLS #2026011427
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Details at a glance
Building1 property facts
- Style
- Residential
Land & utilities4 property facts
- Lot size
- 0.235 acres
- Water
- Public
- Sewer
- AssessmentUnpaid
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $1,826
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $149,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$906 / monthAdjust
- Principal & interest
- $753
- Property tax
- $152
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $1,826. 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
$12,995 · Sold $10,000 · Nov 18, 2016
- Sld
$159,900 · Sold $155,900 · Jan 10, 2005
- Sld
$49,900 · Sold $99,800 · Feb 10, 2004
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About 542 NE 5th Court
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Request a tour of 542 NE 5th Court 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.

