Residential for Sale in CAPE CORAL, FL
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For SaleMLS# 2026031999

$40,000

Residential for Sale in CAPE CORAL, FL

226 NE 31st Street, Cape Coral, FL, 33909

beds baths sqft
Gated

About this home

Discover the perfect opportunity to build your dream home on this vacant lot in the rapidly growing Northeast Cape Coral! Whether you're ready to build now or invest for the future, this property offers endless potential for new construction. Conveniently located near shopping, restaurants, schools, parks, and everyday amenities, with easy access to major roadways. Enjoy all that Cape Coral has to offer while creating a home tailored to your lifestyle. Don't miss your chance to own a piece of one of Southwest Florida's fastest growing communities!

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%)
$560/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
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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Your notes on this home

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Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,495
Median sold price · Cape Coral
$384,990last 3 months8.1% vs $356,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 336 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
5.4 mi
Cape Coral Hospital
Beach
17.8 mi
Fort Myers Beach
Airport
10.7 mi
Page Field (Fort Myers)
Shopping
4.4 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.