$154,900
 $832 est/mo Sourced by Back At You

1637 NW 39th Ave,CAPE CORAL, FL 33993

CAPE CORAL, FL 33993

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Description

There’s a certain kind of waterfront property that does more than offer a place to buildit 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 exposurea 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 personala 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.

Details

MLS #2026020931
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site132
Listing Provided ByRE/MAX Realty Team | Judy Sylvia

Features

Acreage0.23
Water FrontYes
Property ViewYes

Interior

Rooms Total0
Fireplace Yes / NoNo

Exterior

Lot FeaturesRegular

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Utilities

UtilitiesNone
SewerNone

Taxes

Tax Annual Amount1910.84
Tax Block04315
Tax Year2025

Area Information

StateFL
CountyLee
CityCAPE CORAL
Zip Code33993
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$154,900
low | high
Med:
$365,000
85.635894125242% of Average
On site:
132
low | high
Med:
62
100% of Average
Sourced by Back At You

Market Activity 33993

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Learn More About This Property

StateFL
CountyLee
CityCAPE CORAL
Zip Code33993
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$154,900
low | high
Med:
$365,000
85.635894125242% of Average
On site:
132
low | high
Med:
62
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $116K - $193K
sqft: 0 - 0
Listing Updated: August 5, 2026 at 8:26:33 AM PDT
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