Residential for Sale in Cape Coral
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For SaleMLS# 2026036282

$48,750

Residential for Sale in Cape Coral

3746 NE 16th Avenue, Cape Coral, FL, 33909

- beds baths sqft
GatedBoating

About this home

This is a great opportunity to secure a BUILDING SITE in a desirable section of NE Cape Coral, surrounded by newer homes both next door and across the street. The property is PARTIALLY CLEARED AND READY TO BUILD, saving you time and expense in site preparation. Another key advantage is that the property is NOT LOCATED IN A FLOOD ZONE, providing peace of mind for homeowners and helping reduce long-term ownership costs. With its SOUTHWEST EXPOSURE, this homesite is perfect for enjoying warm afternoon light and spectacular evening skies, creating the ideal backdrop for outdoor living, poolside relaxation, and unforgettable Florida sunsets. Location adds even more appeal. Situated in the Northeast Cape, this site offers a residential neighborhood feel while still being just minutes from shopping, dining, schools, and parks. Quick access to Pine Island Road connects you easily to Fort Myers, Punta Gorda, and beyond, making it convenient for both work and play. The surrounding neighborhood is attractive and well-kept, supporting long-term value and offering a welcoming setting for your new home. According to the City of Cape Coral, this property is located within the N8 UTILITY EXPANSION PROJECT, which at the time of listing the property is labeled “TO BE DETERMINED.” Buyers are encouraged to confirm details directly with the City of Cape Coral, but the planned designation for future utility improvements is another factor that enhances long-term investment potential in this area. Recreational amenities are plentiful nearby, with golf courses, community parks, and boat ramps just minutes away. From this location, you can enjoy a day on the water exploring the GULF OF AMERICA, go fishing, or take a short drive to the white-sand beaches of SANIBEL, CAPTIVA, AND FORT MYERS BEACH. Living here means being part of one of Florida’s fastest-growing cities, with a lifestyle defined by sunshine, water, and year-round outdoor enjoyment. Whether you are ready to build now or prefer to hold the property as a future investment, this homesite in NE Cape Coral offers the features buyers want most—a partially cleared lot, a prime location among newer homes, no flood zone designation, southwest exposure, and future city utilities. Bring your builder, your blueprints, and your vision. The perfect opportunity to create your own piece of paradise is waiting right here. Call your Realtor today! For the convenience of all parties, Encore! Realty Services requests that all offers be submitted in writing on the most recent Florida Realtors Vacant Land Contract and accompanied by proof of funds. No verbal offers will be accepted.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
10,280.16 sqft
Acreage
0.24 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$683/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Southwest
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
$399,900
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,479
Median sold price · Cape Coral
$385,000last 3 months7.4% vs $358,500 prior 3 months
Median closed price by month · Cape Coral
5.1% MoM4.2% YoY
$340k$365k$390kJul ’25Aug ’26
$370,000Aug ’26 · 335 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
6.6 mi
Cape Coral Hospital
Beach
19.1 mi
Fort Myers Beach
Airport
10.9 mi
Page Field (Fort Myers)
Shopping
5.4 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.