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623 NE 7TH TERRACE

Lots/Land For Sale
$120,000

BTC: 1.48148148

ETH: 48.99959167

-$29K (2026/08/26)
95 days
0 room(s)

Overview

Build your dream home on this exceptional freshwater lot in one of Cape Coral's fastest-growing areas! This prime homesite offers the added value of approximately $23,000 in completed city water and sewer improvements, saving future owners significant time and expense. Surrounded by newer homes and ongoing development, this property provides an excellent opportunity for builders, investors, or anyone looking to create their custom Florida retreat. Enjoy the peaceful setting while remaining conveniently located near shopping, dining, schools, parks, and major roadways. With Cape Coral continuing to experience strong growth and demand, vacant lots with utility improvements already in place are becoming increasingly desirable. Don't miss this opportunity to secure a premium homesite in a thriving neighborhood with substantial infrastructure value already invested. Verify utility assessment status and building requirements with the City of Cape Coral.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.24 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$70,000
$53K – $100K
Confidence Low
List vs. estimate
$50K above estimate
List $120,000 · +71.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
82 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,862
2025
View
Water
All facts and features
  • Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 124423C202394.0250

    • Zoning: R1-W

  • Type and style

    • Property Type: Land

  • Utility

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,862

  • Source details

    • MLS ID: S5150905

    Other facts

    • Lot Features: Buildable / Cleared / Unincorporated

    • Other Structures: Utility

    • Water Source: Public

    • Lot Size Dimensions: 84 x 125

    • Subdivision Name: CAPE CORAL

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STAR PLATINUM REALTY GROUP INC