
Residential Land for Sale in Cape Coral, Florida
5824 SW 1st Ave, Cape Coral, FL 33914
Premium waterfront homesite with DIRECT SAILBOAT GULF ACCESS just minutes to open water. Enjoy approximately 2 minute boating access to the Caloosahatchee River with no bridges, no locks, and unrestricted water access. NEW SEAWALL with a high bulkhead is already in place, making this property shovel-ready for your custom waterfront dream home. Located in the highly desirable Tarpon Point area of Cape Coral, this lot is surrounded by newer luxury waterfront residences and impressive riverfront estates. Positioned across the street from stunning riverfront mansions, your future home will be in exceptional company in one of Southwest Florida's most prestigious boating corridors. Boaters will appreciate the proximity to Tarpon Point Marina and The Westin Cape Coral Resort, along with some of the area's top waterfront restaurants, including Marker 92, Gather, High Tide Social House, and Pinchers. Arrive by boat, car, or bike and enjoy the ultimate Florida coastal lifestyle. This Gulf-access homesite is also located in Cape Coral's most dynamic waterfront redevelopment corridor. The transformational Yacht Club Beach and Marina renovation will introduce resort-style pools, expanded marina facilities, waterfront dining, boutique retail, and vibrant community gathering spaces, further enhancing long-term property values. Just minutes away, The Cove at 47th is emerging as South Cape's walkable downtown destination featuring Oak and Stone with a rooftop bar, Aqua Seafood and Steaks, Big Nick's BBQ, Seed and Bean Market, and additional waterfront dining concepts opening through 2025 and 2026. Nearby Bimini Square continues its phased openings, with waterfront restaurants, boutique retail, Lee Health medical services, and public marina access, all designed around a live-work-play environment. With Tarpon Point Marina, The Westin Resort, Palmetto Pines Country Club, and Coral Oaks Golf Course all nearby, this property offers the rare combination of direct sailboat access, new seawall infrastructure, luxury surroundings, and strong future growth potential. Build your custom Gulf access estate in one of Cape Coral's most sought-after waterfront neighborhoods.
Location
- Street address
- 5824 SW 1st Ave
- County
- Lee County
- Community
- Cape Coral
- Elevation
- 5 feet
Property details
- Lot size
- 0.23 acres10,019 sq ft
- MLS #
- FMSW 2026006679
- Posted
Property taxes
- 2025
- $6,933
Parcels
- 23-45-23-C2-00200.0140
Legal description
CAPE CORAL UNIT 3 BLK 200 PB 12 PG 70 LOT 14 & CAPE CORAL UNIT 3 PART 1 BLK 200 PB 16 PG 139 LOT 15
Details and features
Listing
- Type
- Land
- Zoning
- R 1-W
Lot
- View
- Water
- Waterfront
- Canal Access, Navigable Water
- Features
- Rectangular Lot
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 20, 2026 | Under contract | $675,000 | — | FMSW |
| Feb 12, 2026 | New listing | $675,000 | — | FMSW |





