Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2025016799

$69,900

Waterfront Home for Sale in Cape Coral

802 SW 31st Terrace, Cape Coral, FL, 33914

- beds baths sqft
GatedBoatingWaterfront

About this home

Southern Exposure Waterfront Lot – Southwest Cape near Skyline Boulevard and Gleason Parkway. Enjoy southern exposure — perfect for all-day sun on your future pool. Ideal location for a builders model home With city water and sewer already in place and priced well below comparable lots, this property offers incredible value for both builders and future homeowners alike.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
11,107.8 sqft
Acreage
0.26 acres
Garage
None
Days on market
310
Total association fees
None
CDD
None
Est. taxes (1.4%)
$979/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Unpaid
Sewer
Public Sewer
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 Estates / NW 8th–Pelican area

Median list
$399,950
Median $/sqft
$246
Median sold (90d)
$350,000
Avg days on market
80
Active listings
38
Median sold price · Cape Coral Estates / NW 8th–Pelican area
$327,500last 3 months10.3% vs $365,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $30,000 (30%) from the original list price.

Sep 4, 2026Price reducedfrom $85,000$69,900
Oct 29, 2025Listed$99,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
10.1 mi
Fort Myers Beach
Airport
7.9 mi
Page Field (Fort Myers)
Shopping
5 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.