Building a dream home in Southwest Florida? This .366-acre oversized corner lot in Central Cape Coral is a rare find that perfectly balances space, privacy, and convenience.Property Overview Located at 224 NW 28th TER, this property offers a generous 15,943 sq. ft. canvas for a custom single-family residence. Its unique "inside corner" positioning provides extra design flexibility and a sense of seclusion within a growing, vibrant neighborhood.Location & Lifestyle: The lot is strategically placed to keep you connected to the best of the Gulf Coast:Everyday Essentials: Just minutes from local schools, parks, shopping centers, and diverse dining options.Coastal Escapes: Enjoy a short drive to the artistic charm of Matlacha, the Waterfront Resturants in Downtown Cape Coral and Fort Myers.Seamless Commutes: Quick access to major arteries like Burnt Store Road and Pine Island Road makes traveling through Lee County effortless.Key HighlightsFeatureDetailsSize.37 Acres (approx. 58x189x175x125)ZoningR1-D (Single Family Residential)ExposureSouthwest Rear Exposure (ideal for sunsets/pools) Utilities: Septic & Well requiredAnnual Taxes$990 (2024)Note: With no HOA fees and a central location, this lot is an excellent choice for both immediate custom construction or as a long-term investment in Cape Coral's expanding market. This lot does have an Owl restriction, however, I have found only one degraded and empty nest. The only requirement would be to have an enviormental firm check the lot and send their findings to Cape Coral. Approximate cost $300 to $400. This is a great opportunity to purchase this oversized property.
| MLS # | 2026038797 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 21 |
| Listing Provided By | ERA Cape Realty | Smitty Smith |
| Zoning | R1-D |
|---|---|
| Acreage | 0.37 |
| Water Front | Yes |
| Property View | Yes |
| Rooms Total | 0 |
|---|---|
| Fireplace Yes / No | No |
| Lot Features | Oversize, See Remarks |
|---|
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | None |
|---|---|
| Sewer | None, Septic Tank |
| Tax Annual Amount | 990.45 |
|---|---|
| Tax Block | 2783 |
| Tax Legal Description | CAPE CORAL UNIT 40 BLK 2783 PB 17 PG 90 LOTS 7 + 8 |
| Tax Year | 2024 |
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33993 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $39,000 low | high Med: $365,000 On site: 21 low | high Med: 199 | |
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33993 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $39,000 low | high Med: $365,000 On site: 21 low | high Med: 199 | |