# 807 NE 38th Terrace, Cape Coral, FL 33909 > **TL;DR:** land, $39,850. > Waterfront, View. Est. $214/mo. Listed 117 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $39,850 | | Lot Size | 12,197 sqft (0.28 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 117 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $202 | | Estimated Insurance | $12 | | **Total** | **$214** | ## 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 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/fgcmls/2026029275 ## Listing Agent - **Name:** Ellison Espinal · **License:** 258020755 - **Brokerage:** Sposen Realty & Development - **Broker Phone:** (239) 244-8858 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/807-NE-38th-Ter_Cape-Coral_FL_33909_M61256-77199?f=listhub&s=FMSWFL&m=2026029275&c=propsimple) ## Photos ![807 NE 38th Terrace - Photo 1](http://lh.rdcpix.com/d024f9148f49f969c2314ad6f66e9a7cl-f2002087975r.jpg) ![807 NE 38th Terrace - Photo 2](http://lh.rdcpix.com/d024f9148f49f969c2314ad6f66e9a7cl-f2076072716r.jpg) ![807 NE 38th Terrace - Photo 3](http://lh.rdcpix.com/d024f9148f49f969c2314ad6f66e9a7cl-f2254817832r.jpg) ![807 NE 38th Terrace - Photo 4](http://lh.rdcpix.com/d024f9148f49f969c2314ad6f66e9a7cl-f2920185919r.jpg) ![807 NE 38th Terrace - Photo 5](http://lh.rdcpix.com/d024f9148f49f969c2314ad6f66e9a7cl-f2302755345r.jpg) ![807 NE 38th Terrace - Photo 6](http://lh.rdcpix.com/d024f9148f49f969c2314ad6f66e9a7cl-f3353736828r.jpg) --- **MLS#:** 2026029275 | **Updated:** 2026-10-27 **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.ai/listing/807-ne-38th-terrace-cape-coral-fl-33909-6c2e62ccfbe44e6bbb1918a12a8dbf12) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/807-ne-38th-terrace-cape-coral-fl-33909-6c2e62ccfbe44e6bbb1918a12a8dbf12#listing", "url": "https://www.propertysimple.ai/listing/807-ne-38th-terrace-cape-coral-fl-33909-6c2e62ccfbe44e6bbb1918a12a8dbf12", "name": "807 NE 38th Terrace, Cape Coral, FL 33909", "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. 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