Under contract-accepting backup offers. This is the one you have been looking for! Ready to go, canal-front residential lot with a paved road, with all public utilities (electricity, water and sewer) available on the street! Not in a flood zone! Build your dream home today or invest in your future! Located in Cape Coral in Lee County. Welcome to Southwest Florida, abundant with lakes, rivers, state forests and preserves, and the waters of the Gulf coast. Land and water adventures await your arrival. Go hiking, biking, riding, boating and more. Shopping, dining, and entertainment are all nearby. Easy access to State Road 78, I-75, and US 41 make the beaches, and the rest of Florida an easy trip. Buy this lot today for a quick cash price of $42,000. That's far below nearby comparable sales and Way below nearby properties on the market! Owner financing is also available at a price of $48,000 with 20% down. Use 701 NW 8th Terrace, Cape Coral, FL in the GPS. From the corner of S.R. 78 (Pine Island Rd) and Del Prado Blvd: Head west on Pine Island for.6 mile. Turn right (North) on NE 10th Place for .1 mile. Turn left (West) on NE 7th Street for .4 mile. Continue on Tropicana Parkway for 1.8 miles. turn right (North) on NW 5th Place and then left (West) on NW 8th Terrace. The subject will be on the right, in approximately .2 miles. This is the last vacant lot on the right, just before the home that has an address of 705 NW 8th Terrace.