$39,900
Waterfront Home for Sale in Cape Coral
3902 NW 37th Avenue, Cape Coral, FL, 33993
About this home
Discover an outstanding opportunity to secure your own piece of rapidly evolving Northwest Cape Coral! Located west of Burnt Store Road at 3902 NW 37th Avenue, this CLEARED homesite on a FRESHWATER CANAL offers an ideal setting for building a new Florida residence or adding a strategically located parcel to your real estate investment portfolio. Surrounded by newer homes and desirable Gulf-access properties, this area continues to attract attention as Northwest Cape Coral experiences substantial residential and commercial growth. The location places you close to Coral Oaks Golf Course, nearby public boating access, and Pine Island Road, where an ever-growing selection of shopping, dining, entertainment and everyday conveniences awaits. Publix, retail centers, restaurants and major home-improvement retailers are all within convenient reach, while Cape Coral's extensive network of parks, waterways, nature preserves, fishing and kayaking opportunities provides plenty of outdoor recreation. Even more exciting is the area's future. The approved Seven Islands development is planned as a major mixed-use waterfront destination featuring restaurants, retail, a marina, hotel accommodations, residential uses, recreational amenities and a public-use island. Nearby, Cape Coral Grove is moving forward as a transformative mixed-use town center along Pine Island Road, planned to bring hundreds of thousands of square feet of retail, dining and entertainment to Northwest Cape Coral. For an investor, this is an opportunity to get ahead of continued growth in one of Cape Coral's most talked-about areas. For a future homeowner, it offers the freedom to bring your own builder and create a home designed specifically for your lifestyle. The lot is already cleared of trees and heavy brush, potentially reducing site-preparation costs and helping streamline the construction process. Whether you're looking to build, hold for future appreciation, or expand your real estate portfolio, this Northwest Cape Coral homesite deserves a serious look. Opportunities to acquire well-positioned land in an area experiencing this level of growth don't come along every day. Bring your vision and make your offer today!
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%)
- $559/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- 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.
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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
- Waterfront
- In a higher-risk flood zone (AE) — flood insurance likely required
- 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.
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.