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Bean Group
Offered at $49,900Active
beds
—
baths
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sq ft
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Built
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801 NE 38th Terrace

Cape Coral, FL 33909

About this home

Seize this extraordinary opportunity to own a sprawling 14,000 sqft lot, encompassing 0.33 acres of prime real estate in this booming section of Cape Coral. Situated on a freshwater canal with a seawall in place, this lot is the perfect canvas to build the masterpiece home you've always dreamed of. Zone X, no flood insurance required! The adjacent lot at 807 NE 38th Ter and 3819 Andalusia Blvd, is also available for purchase, combining for nearly an acre of land. Build a single grand estate or multiple homes. This is a rare chance to secure a large parcel in a rapidly growing area. Whether you envision a luxurious single estate or multiple homes, the possibilities are endless. No assessments due at this time. Inquire today for more details!

Listing last checked: Listing updated:

Listed by Ellison Espinal · Sposen Realty & Development · MLS #2026029274

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.33 acres
Water
None
Sewer
None
Waterfront
Y
Financial3 property facts
Annual taxes
$963
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $49,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$333 / monthAdjust
Principal & interest
$252
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.

Price and status timeline

  1. Ter

    $58,500 · Jun 27, 2026

  2. Ter

    $69,500 · Sep 19, 2025

More property insights

Comparable properties 3 supplied

Sold Jul 31, 2026

$45,000

4151 NE 16th Avenue

Sold Sep 30, 2026

$47,000

1901 NE 44th Terrace

Sold Aug 20, 2026

$45,000

2102 NE 40th Terrace

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About 801 NE 38th Terrace

Can I request a private showing?

Request a tour of 801 NE 38th 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.