$157,500
Waterfront Home for Sale in Cape Coral, FL
2205 SE 2nd Terrace, Cape Coral, FL, 33990
About this home
Build Your Waterfront Dream Home in Paradise! Don't miss this exceptional opportunity to own a beautiful freshwater canal lot in one of Southeast Cape Coral's most desirable locations. Imagine enjoying peaceful water views, spectacular Florida sunsets, and fishing or kayaking right from your own backyard. Perfectly situated, this property is just minutes from Paul Sanborn Park and the popular Rosen Park, featuring a public boat ramp, marina, picnic areas, and scenic waterfront boardwalks. You'll also enjoy convenient access to shopping, restaurants, schools, medical facilities, and the Midpoint Bridge, making travel to Fort Myers quick and easy. Whether you're building your forever home or investing in one of Southwest Florida's fastest-growing communities, this lot offers the ideal combination of location, lifestyle, and value. City water and sewer assessments are fully paid. Bring your builder and start creating the Florida home you've always dreamed of!
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%)
- $2,205/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- 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
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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)
- Waterfront
- 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.
Similar homes nearby
$152,900
MLS# 2026027004531 Pangola Drive, North Fort Myers, FL, 33903
$138,000
MLS# 2025005168536 Pangola Drive, North Fort Myers, FL, 33903
$135,000
MLS# 2026017431950 Hancock Creek South Boulevard 425, Cape Coral, FL, 33909
$164,000
MLS# 20260023271771 Four Mile Cove Parkway 1031, Cape Coral, FL, 33990
$179,900
MLS# 2250281023458 Hancock Bridge Parkway 163, North Fort Myers, FL, 33903
$128,000
MLS# 20250179303490 N Key Drive 403, North Fort Myers, FL, 33903
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.