
Residential Land for Sale in Cape Coral, Florida
1247 NW 38th Ave, Cape Coral, FL 33993
Prime Gulf-Access Double Lot Near Seven Islands - NW Cape Coral Rare opportunity to own a cleared, build-ready double lot on a wide Gulf-access canal in one of NW Cape Coral's most desirable and fastest-growing areas. Just one bridge to Matlacha Pass-with no locks and no long idle zones-you'll enjoy quick, easy boating access to open Gulf waters. A seawall is already in place, saving you substantial time and expense. Simply bring your builder and design your dream waterfront home, vacation retreat, or investment property. This location offers the perfect balance of peaceful waterfront living and exciting future growth. Just minutes by boat to Matlacha, Pine Island, Sanibel, and the Gulf of Mexico-known for world-class fishing, boating, and beaches. Ideally positioned near the future Seven Islands development, including the planned Gulf Gateway Resort & Marina Village. The proposed 47-acre waterfront destination is expected to feature luxury residences, a Marriott-branded 240-room resort, waterfront restaurants, tiki bars, marina slips, lagoon-style amenities, meeting space, and a vibrant mix of shopping and entertainment-bringing long-term appeal and potential upside to the surrounding area. Whether you're building now or securing property in one of Southwest Florida's most anticipated waterfront corridors, this lot offers exceptional location, boating access, and growth potential. Opportunities like this are limited-secure your piece of NW Cape waterfront today.
Location
- Street address
- 1247 NW 38th Ave, Lot 8
- County
- Lee County
- Community
- Cape Coral
- Elevation
- 3 feet
Property details
- Lot size
- 0.23 acres10,019 sq ft
- Zoning
- R1-W
- MLS #
- BEAR 226006176
- Posted
Property taxes
- 2025
- $2,304
Parcels
- 06-44-23-C1-04259.0080
Legal description
CAPE CORAL UNIT 60 BLK 4259 PB 19 PG 164 LOTS 8 + 9
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Waterfront
- Navigable Water, Seawall
- Features
- Build to Suit, Cleared, Regular
Exterior
- Features
- Concrete Dock, Dock Included, Elec Avail At Dock, Water Avail At Dock
Structure
- Water
- Well
- Sewer
- Septic Tank
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 11, 2026 | New listing | $200,000 | — | BEAR |










