Build your dream waterfront home on this stunning lot with intersecting canal views and access to lakes and basin areas. Kayak or fish right from your backyard and enjoy peaceful water views every day. Located on a quiet freshwater canal in a highly desirable Cape Coral neighborhood, this rare property offers both serenity and convenience. NO flood insurance required—and offers city water and sewer with assessments almost paid in full. Set in a well-established area near the rapidly growing Pine Island Corridor, you’ll enjoy easy access to shopping, dining, and major roadways. A perfect opportunity to create your ideal Florida retreat or invest in a prime location.
Closed
$60,000
1407 SW 1st Ter, Cape Coral, FL 33991
--beds
--baths
10,018Square Feet
Unimproved Land
Built in ----
10,018 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,561 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,561/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Aaron Parvey 239-910-2538,
Armada Real Estate, Inc.,
Michael Frey 239-246-4483,
Armada Real Estate, Inc.
Bought with:
Non-listing FGC MLS Non-Listing agent, 258029255
FGC Non-MLS Office
Non-listing FGC MLS Non-Listing agent, 258029255
FGC Non-MLS Office
Source: Florida Gulf Coast MLS,MLS#: 2026005844
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Property
Features
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access
Lot
- Size: 10,018 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 154423C103660.0330
- Lease amount: $0
- Zoning description: R1-W
Utilities & green energy
- Sewer: Assessment Unpaid, Public Sewer
- Water: Assessment Unpaid, Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Features: Non-Gated
- Condo and coop fee: $0
- Membership fee: $0
HOA
- Services included: None
Location
- Region: Cape Coral
Financial & listing details
- Tax assessed value: $52,488
- Annual tax amount: $2,188
- Date on market: 2/2/2026
- Cumulative days on market: 36 days
- Listing terms: All Financing Considered,Cash,FHA,VA Loan
- Contingency: Inspection
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Sold | $60,000+1.8% |
Source:  Florida Gulf Coast MLS #2026005844 Report a problem | ||
| 2/7/2026 | Pending sale | $58,950 |
Source: Florida Gulf Coast MLS #2026005844 Report a problem | ||
| 2/3/2026 | Listed for sale | $58,950+28.2% |
Source: Florida Gulf Coast MLS #2026005844 Report a problem | ||
| 11/9/2023 | Sold | $46,000+110% |
Source: Public Record Report a problem | ||
| 1/28/2019 | Sold | $21,900 |
Source: Florida Gulf Coast MLS #217040195 Report a problem | ||
| 12/21/2018 | Pending sale | $21,900 |
Source: Diamonds Real Estate Inc #217040195 Report a problem | ||
| 2/16/2018 | Price change | $21,900-18.6% |
Source: Diamonds Real Estate Inc #217040195 Report a problem | ||
| 9/24/2017 | Price change | $26,900-10% |
Source: Diamonds Real Estate Inc #217040195 Report a problem | ||
| 6/17/2017 | Listed for sale | $29,900+149.2% |
Source: Diamonds Real Estate Inc #217040195 Report a problem | ||
| 12/19/2002 | Sold | $12,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,189 +3.4% | $52,488 -0.8% |
| 2024 | $2,117 +28.3% | $52,931 +261.5% |
| 2023 | $1,649 +1.2% | $14,641 +10% |
| 2022 | $1,630 +10.9% | $13,310 +10% |
| 2021 | $1,469 -11.4% | $12,100 +10% |
| 2020 | $1,658 +2.2% | $11,000 +7.8% |
| 2019 | $1,622 | $10,200 |
| 2018 | $1,622 +216.3% | $10,200 -27.1% |
| 2017 | $513 +6.4% | $14,000 |
| 2016 | $482 +5.1% | $14,000 -6.7% |
| 2015 | $459 +24.3% | $15,000 +41.5% |
| 2014 | $369 +32.1% | $10,600 +30.9% |
| 2013 | $279 -9.2% | $8,100 -14.7% |
| 2012 | $308 +3.5% | $9,500 +2.2% |
| 2011 | $297 -9% | $9,300 -7% |
| 2010 | $327 -18.6% | $10,000 -28.6% |
| 2009 | $401 -2.3% | $14,000 -30% |
| 2008 | $411 -62.9% | $20,000 -66.7% |
| 2007 | $1,108 -46% | $60,000 -45.7% |
| 2006 | $2,051 +348.9% | $110,500 +463.8% |
| 2004 | $457 +118.1% | $19,600 +150% |
| 2003 | $210 +64.8% | $7,840 +88.5% |
| 2002 | $127 | $4,160 -24.2% |
| 2000 | -- | $5,490 |
Find assessor info on the county website
Neighborhood: 33991
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Nearby schools
GreatSchools rating
- 3/10Hector A. Cafferata Jr Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Mariner Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Mariner High SchoolGrades: 9-12Distance: 1.1 mi
- Florida
- Lee County
- Cape Coral
- 33991
- 1407 SW 1st Ter
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