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Residential Land for Sale in Cape Coral, Florida

701 NW 8th Ter, Cape Coral, FL 33993

$42,000
0.23 acres
pending
Under contract

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
Community
Cape Coral
Elevation
11 feet
Coordinates
26.6682, -81.9886

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

Resources

Details and features

Listing

Type
Land

Lot

Waterfront
Freshwater Canal, Waterfront

Exterior

Features
Paved

Listing history

DateEventPriceChangeSource
Oct 25, 2025Under contract$42,000MFRMLS
Oct 21, 2025New listing$42,000MFRMLS
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This 0.23-acre property is located at 701 NW 8th Ter in Cape Coral, FL 33993. The property is pending sale.

Checked 1 hour ago — Updated

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