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- Property Details
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$154,900
Monthly Est:$771
-- Bed
- -- Bath
0.23acre lot
1637 NW 39th Avenue, Cape Coral, FL 33993
$154,900
$771/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
0.23 acre lot
$673,478/acre
Description
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 25, 2026 at 7:43 pm
- Listing Provided by: Judy Sylvia (239) 980-0026 DRE #252000382 | RE/MAX Realty Team (239) 242-2000
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026020931

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.23 acre lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
2026020931
MLS Status
Active
Days on Market
180
Cumulative Days on Market
171

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
None
Utilities & Energy
Water Source
None
Association Amenities
None
Utilities
None, Sewer Not Available, Water Not Available
Other Features
Lot Features
Rectangular Lot
Community Features
Non Gated
Subdivision Name
Cape Coral
Price History
| Date | Event | Price |
|---|---|---|
05/07/2026 Source: | Listed for Sale | $154,900 +158.17% $0/sqft |
12/29/2016 Source: | Sold | $60,000 $0/sqft |
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 06:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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