The lure of building new to safe current building codes and elevations is strong. Located on the 100ft Wide Penelop Canal with west exposure. There's nothing like a beautiful September sunset. This oversized lot is 85x125 also allows an owner to build a little wider or have more space between neighbors than our regular sized properties. For boaters there is only one bridge to Charlotte Harbour, the barrier islands, and out to the Gulf of Mexico. Plan for the future. See google earth tour attached.
Active
Price cut: $10K (8/14)
$149,000
1616 NW 38th Pl, Cape Coral, FL 33993
--beds
--baths
10,628.64Square Feet
Unimproved Land
Built in ----
10,628.64 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 620 days
- on Zillow |
- 62 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 01:06pm
Listed by:
Andrea Signorelli 239-823-6906,
Miloff Aubuchon Realty Group
Source: Florida Gulf Coast MLS,MLS#: 222077838
Originating MLS: Florida Gulf Coast

Travel times
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: 10,628.64 Square Feet
- Dimensions: 85 x 125 x 85 x 125
- Features: Oversized Lot
Details
- Parcel number: 314323C404314.0780
- Lease amount: $0
- Zoning description: R1-W
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
Community & HOA
Community
- Features: Boat Facilities
- Subdivision: CAPE CORAL
HOA
- Services included: None
- Membership fee: $0
Location
- Region: Cape Coral
Financial & listing details
- Tax assessed value: $130,560
- Annual tax amount: $1,186
- Date on market: 10/26/2022
- Cumulative days on market: 1040 days
- Listing terms: All Financing Considered,Cash
- Electric utility on property: Yes
- Road surface type: Paved
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