Waterfront Home for Sale in Cape Coral
1 / 1
For SaleMLS# 2026034084

$89,000

Waterfront Home for Sale in Cape Coral

1202 NW 18th Terrace, Cape Coral, FL, 33993

- beds baths sqft
BoatingWaterfront

About this home

Priced to sell waterfront lot with Seawall in place in place on Pelican Lake! Build your home on this lot with stunning lake views and all-day sunlight with sought-after southern rear exposure. This lot is in Cape Coral’s growing community is perfect for your dream home, offering expansive outdoor living. Enjoy fishing from your backyard, exploring connected canals, or cruising nearby lakes. Surrounded by nature and wildlife, this property is your ticket to Florida.

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%)
$1,246/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
Septic Tank
New construction
No
Pets
Not specified
County
Lee

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
95
Active listings
2,499
Median sold price · Cape Coral
$389,000last 3 months8.1% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
8.4% MoM19.7% YoY
$340k$383k$425kJul ’25Aug ’26
$425,000Aug ’26 · 106 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
  • No garage listed
Location convenienceHigh
Hospital
5 mi
Cape Coral Hospital
Beach
16.5 mi
Fort Myers Beach
Airport
10.9 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.