5824 SW 1st Avenue
Cape Coral, FL, 33914 $ 675,000
Baths0.0 Monthly Estimate*
$ 4,156
Studio for $675,000. The lot size is 0.23.
Premium waterfront homesite with DIRECT SAILBOAT GULF ACCESS just minutes to open water. Enjoy approximately 2 minute boating access to the Caloosahatchee River with no bridges, no locks, and unrestricted water access. NEW SEAWALL with a high bulkhead is already in place, making this property shovel-ready for your custom waterfront dream home. Located in the highly desirable Tarpon Point area of Cape Coral, this lot is surrounded by newer luxury waterfront residences and impressive riverfront estates. Positioned across the street from stunning riverfront mansions, your future home will be in exceptional company in one of Southwest Florida’s most prestigious boating corridors. Boaters will appreciate the proximity to Tarpon Point Marina and The Westin Cape Coral Resort, along with some of the area’s top waterfront restaurants, including Marker 92, Gather, High Tide Social House, and Pinchers. Arrive by boat, car, or bike and enjoy the ultimate Florida coastal lifestyle. This Gulf-access homesite is also located in Cape Coral’s most dynamic waterfront redevelopment corridor. The transformational Yacht Club Beach and Marina renovation will introduce resort-style pools, expanded marina facilities, waterfront dining, boutique retail, and vibrant community gathering spaces, further enhancing long-term property values. Just minutes away, The Cove at 47th is emerging as South Cape’s walkable downtown destination featuring Oak and Stone with a rooftop bar, Aqua Seafood and Steaks, Big Nick’s BBQ, Seed and Bean Market, and additional waterfront dining concepts opening through 2025 and 2026. Nearby Bimini Square continues its phased openings, with waterfront restaurants, boutique retail, Lee Health medical services, and public marina access, all designed around a live-work-play environment. With Tarpon Point Marina, The Westin Resort, Palmetto Pines Country Club, and Coral Oaks Golf Course all nearby, this property offers the rare combination of direct sailboat access, new seawall infrastructure, luxury surroundings, and strong future growth potential. Build your custom Gulf access estate in one of Cape Coral’s most sought-after waterfront neighborhoods.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available Sewer Available Trash Collection Water Available
Possession Close Of Escrow
HOA Fee 0
Association Fee Includes None
View Canal Water
Property Subtype Residential
Tax Year 2025
Current Use Single Family
Waterfront Features Canal Access Navigable Water
Community Features Boat Facilities Non-Gated
HOA Fee 2 0
County Lee
Property Type Land
Association Amenities None
Subdivision Name CAPE CORAL
Facing Direction East
Status Active
City Cape Coral
Disclosures RV Restriction(s)
Land Lease Amount 0
Senior Community Y/N false
Zoning Description R1-W
MLS Area CC21 - Cape Coral Unit 3 30 44 6
Lot Size Units Acres
Tax Annual Amount 6932.6
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026006679
Standard Status Active
Tax Lot 14
Property Sub Type Additional Residential Unimproved Land
Legal Description CAPE CORAL UNIT 3 BLK 200 PB 12 PG 70 LOT 14 & CAPE CORAL UNIT 3 PART 1 BLK 200 PB 16 PG 139 LOT 15
HOA Fee 3 0
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ExteriorLot Features Rectangular Lot
Water Source Public
Lot Size Area 0.23
Lot Dimensions 87 x 115 x 87 x 115
Lot Size Acres 0.23
Road Surface Type Paved
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 0
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* Excluded FeaturesList ByCompass Florida LlcBroker
Offers@dardagroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $578
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Cape Coral, FL
Average List Price $148,801
Percent of Sale Price 78%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/20/2026 | $675,000 | | Listed Price |