$58,000
Residential for Sale in Cape Coral, FL, $58,000
314 NW 5th Terrace, Cape Coral, FL, 33993
About this home
Build your dream home on this exceptional residential lot in the fast-growing NW Cape Coral area. Offering approximately 10,000 square feet, this property provides the perfect setting for a custom home with plenty of space for a pool and outdoor living. Conveniently located near shopping, dining, schools, parks, and everyday amenities, while still offering the peace and privacy of a growing neighborhood. Whether you’re ready to build now or invest for the future, this is an outstanding opportunity to own land in one of Cape Coral’s most desirable and expanding areas. No HOA. Don’t miss your chance to secure your piece of Southwest Florida paradise!
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
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $812/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- 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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Your notes on this home
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Market trends — Cape Coral
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
- Lower flood risk (zone X)
- No garage listed
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.