Land at 1721 NW 8TH TER, CAPE CORAL
Land at 1721 NW 8TH TER, CAPE CORAL, photo 2 of 8
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8 photos

$140,000

1721 NW 8TH TER
CAPE CORAL, FL 33993
Listed by MARINA PARK REALTY LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Discover the potential of this unique P1-W zoned property in the growing community of Cape Coral. This cleared canal and lakefront lot offers a rare opportunity for buyers seeking flexibility, as the P1-W zoning allows for a variety of possible uses (buyer to verify with the City of Cape Coral). Boasting 120 feet of cement seawall, this property is perfectly positioned on the Hermosa Canal with intersecting views of Albatross Lake, providing a beautiful waterfront setting with a desirable north rear exposure—ideal for enjoying peaceful water views and stunning Southwest Florida sunsets. Whether you’re an investor looking toward future development or exploring permitted residential possibilities, this property presents a valuable option in a rapidly expanding area. Conveniently located near shopping, dining, schools, and major roadways, this lot offers easy access to everything Southwest Florida has to offer, including nearby Gulf beaches, golf courses, and recreational amenities. With new construction and development continuing throughout the area, now is the perfect time to secure your piece of land in this desirable location. Don’t miss your chance to own a prime waterfront parcel in one of Southwest Florida’s fastest-growing cities.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRC7514597
Property type
Land
Subdivision
CAPE CORAL
Status
Active
Days on market
365
On market date
September 8, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.34 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
OASIS ELEMENTARY CHARTER SCHOOL-NORTH
2.1 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
771
Student:teacher ratio
15.4:1
District
LEE
Middle
MARINER MIDDLE SCHOOL
0.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,040
Student:teacher ratio
18.9:1
District
LEE
High
MARINER HIGH SCHOOL
0.39 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,690
Student:teacher ratio
22.2:1
District
LEE

Walkability

Blended score for CAPE CORAL's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

19
Very car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable
Google Places amenity density
13 / 100
Restaurants & cafes1
Grocery stores0
Parks1
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in CAPE CORAL, from live MLS data.

On the market 365 days -- 232 more days than CAPE CORAL's current average of 133 days.
For reference, the median list price across 643 active listings in CAPE CORAL right now is $265,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$993/mo
$28,000 down
$112,000 loan
Principal & interest$726
Property tax (est.)$117
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.