Waterfront Home for Sale in Cape Coral
1 / 12
▶ View Virtual Tour
For SaleMLS# 2026032372

$43,900

Waterfront Home for Sale in Cape Coral

1812 NW 2nd Terrace, Cape Coral, FL, 33993

- beds baths sqft
GatedBoatingWaterfront

About this home

120’ GULF-ACCESS WATERFRONT LOT! Don’t miss this exceptional opportunity to build your dream waterfront home on an oversized lot with an impressive 120 feet of water frontage and Gulf access. Imagine stepping out your back door, boarding your boat, and cruising the waterways toward the Gulf! The generous lot size provides endless possibilities for a custom home, resort-style pool, spacious outdoor living area, dock, and boat lift. Whether you’re ready to build your Southwest Florida dream home or looking for a prime waterfront investment, this is a truly special opportunity in Cape Coral!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
14,984.64 sqft
Acreage
0.34 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
South
Waterfront
Yes
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.

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 list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
94
Active listings
2,502
Median sold price · Cape Coral
$387,500last 3 months7.6% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
13.2% MoM25.4% YoY
$340k$393k$445kJul ’25Aug ’26
$445,000Aug ’26 · 91 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
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4.4 mi
Cape Coral Hospital
Beach
14.6 mi
Fort Myers Beach
Airport
10.4 mi
Page Field (Fort Myers)
Shopping
4.4 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.