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  • $154,900

    1637 NW 39th Ave, Cape Coral, FL 33993

    --beds
    --baths
    10,018Square Feet
    Unimproved Land
    Built in ----
    10,018 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Eastern rear exposure
    There’s a certain kind of waterfront property that does more than offer a place to build—it creates the backdrop for an entirely different pace of life. This Gulf access homesite along the Penelop Canal in Unit 61 offers that rare combination of immediate enjoyment and long-term opportunity, with approximately 80 feet of waterfront and a spacious 125-foot depth that gives you room to design a home tailored to the way you truly want to live. Here, the water naturally becomes part of your daily routine. Imagine stepping from your future lanai to your boat in just moments, with the freedom to head out for a sunrise cruise, a spontaneous afternoon on the islands, or a full day exploring the Gulf waters. From this location, destinations like Cayo Costa, Cabbage Key, Boca Grande, and Sanibel are all within easy reach, making waterfront dining, fishing adventures, and quiet beach escapes feel effortlessly accessible. One of the most underrated features of this property is its eastern rear exposure—a setting many waterfront buyers grow to appreciate more with time. Mornings begin with soft sunlight shimmering across the canal, creating a calm and welcoming atmosphere, while afternoons bring a more comfortable outdoor environment with natural shade over your future pool and lanai area. It’s the kind of orientation that supports relaxed outdoor living year-round without the harsh intensity of direct western heat. The location also places you near one of Cape Coral’s most exciting future developments. Situated roughly a mile from the highly anticipated Seven Islands project, this area continues to attract attention as new construction and infrastructure reshape the surrounding corridor. With plans for marina access, waterfront dining, recreation, entertainment, and gathering spaces, Seven Islands is expected to further elevate both lifestyle appeal and long-term value throughout Northwest Cape Coral. Beyond the boating lifestyle, everyday conveniences remain close at hand. A championship golf course sits just a few miles away, along with expanding shopping and dining options throughout the area. Travel is equally convenient, with Punta Gorda Airport approximately 20 miles away and Southwest Florida International Airport within about 30 miles. More than just vacant land, this property offers the opportunity to create something deeply personal—a home where mornings begin with reflections dancing on the water, afternoons unfold at a slower pace, and boating becomes woven into everyday life. As the surrounding area continues to grow and evolve, this homesite offers not only a beautiful setting for today, but also a meaningful investment in what’s still to come.
    100 days
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    14
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Judy Sylvia 239-980-0026,

    RE/MAX Realty Team

    Source: Florida Gulf Coast MLS,MLS#: 2026020931MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Video & virtual tour

      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
      • Dimensions: 80 x 125 x 80 x 125
      • Features: Rectangular Lot
      Details
      • Parcel number: 314323C4043150190
      • Lease amount: $0

      Utilities & green energy

      • Sewer: None
      • Water: None
      • Utilities for property: None, Sewer Not Available, Water Not Available

      Community & HOA

      Community
      • Features: Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: CAPE CORAL
      HOA
      • Amenities included: None
      • Services included: None
      Location
      • Region: Cape Coral

      Financial & listing details

      • Tax assessed value: $45,000
      • Annual tax amount: $1,910
      • Date on market: 5/7/2026
      • Cumulative days on market: 100 days
      • Listing terms: All Financing Considered,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,280/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$154,900+158.2%
        Source: Florida Gulf Coast MLS #2026020931 Report a problem
        12/29/2016Sold$60,000
        Source: Florida Gulf Coast MLS #216071728 Report a problem
        11/17/2016Pending sale$60,000
        Source: Gulflife Realty #216071728 Report a problem
        11/15/2016Listed for sale$60,000-36.8%
        Source: Gulflife Realty #216071728 Report a problem
        1/20/2015Listing removed$95,000
        Source: Gulflife Realty #201326272 Report a problem
        8/10/2013Listed for sale$95,000+90.4%
        Source: Gulflife Realty #201326272 Report a problem
        5/15/2013Sold$49,900
        Source: Agent Provided Report a problem
        4/24/2013Pending sale$49,900
        Source: John R. Wood, Inc. Realtors #213012454 Report a problem
        4/14/2013Listed for sale$49,900
        Source: John R. Wood, Inc. Realtors #213012454 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2016$1,101 $45,000 +4.7%
        2015$1,101 +6.2%$43,000 +19.4%
        2014$1,037 +13.1%$36,000 +37.9%
        2013$917 +50.1%$26,100 +8.8%
        2012$611 -17.7%$24,000 -20%
        2011$742 -10.1%$30,000 -9.1%
        2010$825 -31.2%$33,000 -33.3%
        2009$1,199 -25.4%$49,500 -43.8%
        2008$1,607 -51.6%$88,000 -52.7%
        2007$3,323 -40.3%$186,000 -39%
        2006$5,569 +192.2%$304,800 +247.9%
        2004$1,906 +28.2%$87,600 +35.2%
        2003$1,486 +117.1%$64,800 +131.4%
        2002$685 $28,000 +106.3%
        2000-- $13,570
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33993

        Getting around

        0 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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