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Residential Land for Sale in Cape Coral, Florida

2589 NE 5th Pl, Cape Coral, FL 33993

$51,900
0.24 acres
Active
$7.6k drop
Est $423/mo

Experience panoramic views from this exceptional oversized homesite positioned on a pristine freshwater basin flowing directly into the picturesque Carousel Lake. Each morning, be captivated by spectacular sunrises painting the sky with brilliant colors that reflect magnificently across the expansive water vista. This premier property presents the perfect canvas for your custom dream home, situated in the flourishing Northwest Cape Coral neighborhood where rapid development signals tremendous growth potential and increasing property values. Strategically located near the prestigious Coral Oaks Golf Course and just moments from the highly anticipated Festival Park development, you'll soon enjoy premium recreational amenities that complement the peaceful waterfront lifestyle. Imagine spending your days embracing the tranquility of waterfront living-kayaking through serene waterways, fishing from your private shoreline, or exploring the interconnected canal system and Carousel Lake by small boat. Whether you're ready to build immediately or seeking a smart investment opportunity in one of Cape Coral's most promising areas, this oversized waterfront property offers exceptional value in today's competitive market where premium waterfront homesites are increasingly scarce. Don't miss this wonderful opportunity to secure your slice of Florida waterfront paradise in a thriving community poised for continued growth and appreciation.RetryClaude can make mistakes. Please double-check responses.

Location

Street address
2589 NE 5th Pl
Community
Cape Coral
Elevation
16 feet
Coordinates
26.7014, -81.9846

Property details

Lot size
0.244 acres10,629 sq ft
MLS #
FMSW 225025196
Posted

Property taxes

2024
$831 - CAPE CORAL UNIT 40 BLK 2806 PB 17 PG 86 LOTS 1 + 2

Parcels

  • 26-43-23-C4-02806.0010

Legal description

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Lot

Vegetation
Grassed
View
Water
Waterfront
Canal Access
Features
Irregular Lot, Oversized Lot

Listing history

DateEventPriceChangeSource
Nov 13, 2025Price drop$51,900$7,600 -12.8%FMSW
Mar 10, 2025New listing$59,500FMSW
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This 0.244-acre property is located at 2589 NE 5th Pl in Cape Coral, FL 33993. The property is available for sale for $51,900.

Checked 1 hour ago — Updated

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