# 807 NE 38th Terrace, Cape Coral, FL 33909

> **TL;DR:** land, $49,800.
> Waterfront, View. Est. $216/mo. Listed 203 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $49,800 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 203 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $216 |
| **Total** | **$216** |

## Key Amenities

- Waterfront
- View

## Property Highlights

- 0.28 acre lot
- Waterfront

## Description

### Agent Description
Excellent opportunity to own this oversized freshwater canal lot, encompassing 0.28 acres of prime real estate in this booming section of Cape Coral. Situated on a freshwater canal, this lot is the perfect canvas to build the masterpiece home you've always dreamed of. Zone X, no flood insurance required! The adjacent lot at 801 NE 38th Ter and 3819 Andalusia Blvd, are also available for purchase, combining for nearly an acre of land. Build a single grand estate or multiple homes. This is a rare chance to secure a large parcel in a rapidly growing area. Whether you envision a luxurious single estate or multiple homes, the possibilities are endless. No assessments due at this time. Inquire today for more details!

## Location

- **Address:** 807 NE 38th Terrace, Cape Coral, FL 33909
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.729156, -81.956433
- **Google Maps:** https://www.google.com/maps?q=26.729156,-81.956433

## Listing Agent

- **Name:** Ellison Espinal
- **Brokerage:** Sposen Realty & Development
- **Phone:** 2396991974
- **Email:** ellison.espinal@sposenrealty.com

## Primary Photo

![807 NE 38th Terrace - Primary Photo](http://lh.rdcpix.com/33675774b0d6ce090f9a0b40173aa159l-f2081559349r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/807-ne-38th-terrace-cape-coral-fl-33909-25011305)*

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**MLS#:** 2025011305 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/807-ne-38th-terrace-cape-coral-fl-33909-25011305)

---

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