
Residential Land for Sale in Cape Coral, Florida
701 NW 8th Ter, Cape Coral, FL 33993
Under contract-accepting backup offers. This is the one you have been looking for! Ready to go, canal-front residential lot with a paved road, with all public utilities (electricity, water and sewer) available on the street! Not in a flood zone! Build your dream home today or invest in your future! Located in Cape Coral in Lee County. Welcome to Southwest Florida, abundant with lakes, rivers, state forests and preserves, and the waters of the Gulf coast. Land and water adventures await your arrival. Go hiking, biking, riding, boating and more. Shopping, dining, and entertainment are all nearby. Easy access to State Road 78, I-75, and US 41 make the beaches, and the rest of Florida an easy trip. Buy this lot today for a quick cash price of $42,000. That's far below nearby comparable sales and Way below nearby properties on the market! Owner financing is also available at a price of $48,000 with 20% down.
Use 701 NW 8th Terrace, Cape Coral, FL in the GPS. From the corner of S.R. 78 (Pine Island Rd) and Del Prado Blvd: Head west on Pine Island for.6 mile. Turn right (North) on NE 10th Place for .1 mile. Turn left (West) on NE 7th Street for .4 mile. Continue on Tropicana Parkway for 1.8 miles. turn right (North) on NW 5th Place and then left (West) on NW 8th Terrace. The subject will be on the right, in approximately .2 miles. This is the last vacant lot on the right, just before the home that has an address of 705 NW 8th Terrace.
Location
- Street address
- 701 NW 8th Ter
- County
- Lee County
- Community
- Cape Coral
- Elevation
- 11 feet
Directions
Use 701 NW 8th Terrace, Cape Coral, FL in the GPS. From the corner of S.R. 78 (Pine Island Rd) and Del Prado Blvd: Head west on Pine Island for.6 mile. Turn right (North) on NE 10th Place for .1 mile. Turn left (West) on NE 7th Street for .4 mile. Continue on Tropicana Parkway for 1.8 miles. turn right (North) on NW 5th Place and then left (West) on NW 8th Terrace. The subject will be on the right, in approximately .2 miles. This is the last vacant lot on the right, just before the home that has an address of 705 NW 8th Terrace.
Property details
- Lot size
- 0.23 acres10,019 sq ft
- Zoning
- R1-W
- MLS #
- MFRMLS O6352936
- Posted
Property taxes
- 2024
- $1,700
Parcels
- 02-44-23-C4-02608.0150
Legal description
CAPE CORAL UNIT 38 BLK 2608 PB 16 PG 88 LOTS 15 + 16
Resources
Details and features
Listing
- Type
- Land
Lot
- Waterfront
- Freshwater Canal, Waterfront
Exterior
- Features
- Paved
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 25, 2025 | Under contract | $42,000 | — | MFRMLS |
| Oct 21, 2025 | New listing | $42,000 | — | MFRMLS |










