Residential for Sale in Cape Coral
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For SaleMLS# 2026020828

$55,000

Residential for Sale in Cape Coral

4609 NW 31st Street, Cape Coral, FL, 33993

- beds baths sqft
Gated

About this home

Build your dream home on this beautiful cleared and build-ready vacant lot located in NW Cape Coral. This property presents an outstanding opportunity for builders, investors, or future homeowners looking to secure their own piece of Southwest Florida paradise. Enjoy the beautiful water views directly across the street, creating a more open, scenic, and upscale setting. The lot is surrounded by newer homes and ongoing development. Ideally situated near the highly anticipated Seven Islands Project, future homeowners will enjoy convenient access to one of Cape Coral’s upcoming developments featuring waterfront dining, entertainment, marina access, recreation, and future commercial growth. The property is also just a short drive from the popular Crystal Lake Park, offering sandy beach areas, kayaking, fishing, walking trails, and a variety of family-friendly outdoor activities. Whether you are looking to build your dream home, create a seasonal retreat, or invest in land, this property offers exceptional potential. Do not miss your opportunity to own a prime build-ready lot with beautiful water views in sunny Cape Coral!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
None
Days on market
1
Total association fees
None
CDD
None
Est. taxes (1.4%)
$770/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
None
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
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
3.9% MoM4.3% YoY
$340k$365k$390kJul ’25Sep ’26
$364,995Sep ’26 · 50 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

Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceModerate
Hospital
9.3 mi
Cape Coral Hospital
Beach
18.7 mi
Sanibel Island
Airport
15.2 mi
Page Field (Fort Myers)
Shopping
8.9 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.