Prime residential lot opportunity in Cape Coral, Lee County, located at 1037 NW 37TH PL.
Situated in a desirable residential area, this property offers convenient access to Burnt Store Road North (approximately 0.67 miles), 7-Eleven (0.80 miles), the Future Park site (0.84 miles), and local schools (2.06 miles). The lot is located in Flood Zone AE, a high-risk flood zone with a 1/100 annual chance of flooding and a defined Base Flood Elevation (BFE). Construction in this area must elevate the lowest floor to or above the BFE, often requiring pilings, fill, or stem walls, which can significantly raise building costs (typically 10-30%+). Flood insurance is mandatory for financing, and local permits will enforce strict elevation and design standards. No wetlands are present on or near the site, allowing for full lot utilization without environmental buffers, mitigation requirements, or addi...
Situated in a desirable residential area, this property offers convenient access to Burnt Store Road North (approximately 0.67 miles), 7-Eleven (0.80 miles), the Future Park site (0.84 miles), and local schools (2.06 miles). The lot is located in Flood Zone AE, a high-risk flood zone with a 1/100 annual chance of flooding and a defined Base Flood Elevation (BFE). Construction in this area must elevate the lowest floor to or above the BFE, often requiring pilings, fill, or stem walls, which can significantly raise building costs (typically 10-30%+). Flood insurance is mandatory for financing, and local permits will enforce strict elevation and design standards. No wetlands are present on or near the site, allowing for full lot utilization without environmental buffers, mitigation requirements, or additional permitting hurdles.
Zoned R1 Single Family Residential District, the property supports low-density residential use, including single-family detached homes by right, including site-built and modular homes meeting the Florida Building Code. Accessory Dwelling Units (ADUs) may be permitted per Florida state law (Live Local Act considerations may apply). Duplexes, townhomes, multifamily apartments, mobile/manufactured home communities, and rowhomes are prohibited without rezoning or variance. Max density typically 1 unit for each lot. Buyer should verify all zoning, setbacks, utility availability, flood zone requirements, and development requirements with the City of Cape Coral Planning Department.
The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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