$69,500
Residential for Sale in Cape Coral
420 Diplomat Parkway, Cape Coral, FL, 33909
About this home
This presents a prime opportunity to develop on a lot zoned RD-D this allows single family or duplex to be built on this parcel in Cape Coral, situated within the highly sought after Flood Zone X, where flood insurance is not required. With city water, sewer, and irrigation already in place, and all ASSEMENTS HAVE BEEN PAID IN FULL. This property is ready for development, making it a perfect choice for investors or those looking to generate rental income. Situated in a rapidly growing area, this lot offers convenient access to Pine Island Road, where you’ll find endless shopping, dining, and entertainment options. Just 11 miles to I-75, commuting is a breeze, while nearby attractions like Sun Splash Water Park, local golf courses, parks, and nature preserves provide plenty of recreation for residents. Cape Coral continues to be one of Southwest Florida’s most sought after markets, offering boating access, year round outdoor activities, and a vibrant community atmosphere. Whether you’re planning to build a single family home a duplex or expand your investment portfolio, this property presents incredible potential. Don’t miss this opportunity to secure a prime piece of Cape Coral real estate—priced to sell and ready for your vision!
Property details
- Type
- Residential
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 10,855.152 sqft
- Acreage
- 0.25 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $973/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 Paid
- New construction
- No
- Pets
- Not specified
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 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.