Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026036475

$375,000

Waterfront Home for Sale in Cape Coral

1715 NE 10th Terrace, Cape Coral, FL, 33909

- beds baths sqft
GatedBoatingWaterfront

About this home

RARE COMMERCIAL DEVELOPMENT OPPORTUNITY! Approximately 1.15 acres consisting of FIVE continuous, buildable lots located in Cape Coral’s rapidly growing Pine Island Road corridor, with a great location behind Lowes on Pine Island Rd and Del Prado Blvd. Zoned for a wide variety of commercial uses, this property offers exceptional flexibility for investors, developers, and business owners. Seller is willing to sell all five lots together as one larger development site or individually. City water, sewer, and irrigation are in place, with ALL UTILITY ASSESSMENTS PAID IN FULL! Excellent opportunity to secure commercial land in one of Cape Coral’s most active and expanding areas. Don’t miss this versatile development opportunity with outstanding potential!

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
50,094 sqft
Acreage
1.15 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$5,250/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.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,488
Median sold price · Cape Coral
$385,000last 3 months7.8% vs $357,250 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 366 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
  • Lower flood risk (zone X)
  • Waterfront
Consider
  • No garage listed
Location convenienceHigh
Hospital
2.7 mi
Cape Coral Hospital
Beach
15.2 mi
Fort Myers Beach
Airport
7.5 mi
Page Field (Fort Myers)
Shopping
1.5 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.