Residential for Sale in Cape Coral
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For SaleMLS# 2026037051

$43,900

Residential for Sale in Cape Coral

3805 NW 48th Terrace, Cape Coral, FL, 33993

- beds baths sqft

About this home

BUILD YOUR FLORIDA DREAM HOME! Discover the opportunity to own a spacious vacant residential lot at 3805 NW 48th Terrace, Cape Coral, FL 33990. Nestled in a quiet neighborhood with no HOA restrictions, this property offers the freedom and flexibility to design and build a home that fits your lifestyle. With approximately 150 feet of depth and a desirable wooded area backing the property, you can enjoy added privacy and a peaceful natural setting behind your future home. Whether you're looking to build your primary residence, seasonal getaway, or investment property, this lot offers an excellent opportunity to create something truly your own. Conveniently located near shopping, dining, schools, major roadways, and all that Cape Coral and Southwest Florida have to offer. Secure your piece of Cape Coral today and start planning your dream home!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
12,283.92 sqft
Acreage
0.28 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$615/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
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
$399,000
Median $/sqft
$232
Median sold (90d)
$384,999
Avg days on market
93
Active listings
2,463
Median sold price · Cape Coral
$385,000last 3 months7.4% vs $358,500 prior 3 months
Median closed price by month · Cape Coral
10.5% MoM2.9% YoY
$340k$365k$390kJul ’25Sep ’26
$340,000Sep ’26 · 13 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

Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceModerate
Hospital
10.5 mi
Cape Coral Hospital
Beach
21.6 mi
Fort Myers Beach
Airport
12.2 mi
Punta Gorda Airport
Shopping
9.8 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.