Residential for Sale in Cape Coral
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For SaleMLS# 2026016312

$795,000

Residential for Sale in Cape Coral

706,712,718 SE 7th Street, Cape Coral, FL, 33990

- beds baths sqft
Gated

About this home

Expansive Multi-Family Land Available for Large-Scale Projects and PAID ASSESSMENTS! This assembly is lots #21-29 to form the assembly. A very low cost per door for land cost if the maximum build out of 17 units is utilized. Finding a suitable assembly of multi-family land for large projects is a rarity in today's real estate market. This is an exclusive opportunity to acquire over 1 acre of land, complete with water, sewer, and dual irrigation systems that are paid off. Situated in close proximity to city hall, shopping centers, and restaurants, this highly sought-after building area offers immense potential for your large project.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
47,044.8 sqft
Acreage
1.08 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$11,130/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Unpaid
New construction
No
Pets
Not specified
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,995last 3 months5.5% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • No garage listed
Location convenienceHigh
Hospital
1 mi
Cape Coral Hospital
Beach
12.9 mi
Fort Myers Beach
Airport
7 mi
Page Field (Fort Myers)
Shopping
1.5 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.