Residential for Sale in CAPE CORAL, FL
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For SaleMLS# 2026031852

$59,900

Residential for Sale in CAPE CORAL, FL

1142 NW 31st Place, Cape Coral, FL, 33993

beds baths sqft
Gated

About this home

Oversized Lot in Desirable NW Cape Coral – Build Your Dream Home! Discover this spacious residential lot located on a private dead-end street in one of NW Cape Coral’s most sought-after neighborhoods. Enjoy peace and privacy this street is used only by its residents. The property has no environmental restrictions, so you can start building right away! With no city assessments due and the lot still on well and septic, homeowners benefit from lower property taxes. Conveniently located near top-rated schools, golf courses, restaurants, and shopping, with easy access to Fort Myers, Punta Gorda and less that 4 miles from the Se Cape Coral’s location also makes it a short drive to major Florida destinations such as Orlando, Tampa, and Miami. A new construction built with a 9-foot elevation may not require flood insurance (to be verified with FEMA).

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$839/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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Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,945
Avg days on market
94
Active listings
2,500
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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
6.5 mi
Cape Coral Hospital
Beach
16.3 mi
Fort Myers Beach
Airport
12.4 mi
Page Field (Fort Myers)
Shopping
6.3 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.