1429 SW 4TH TERRACE, CAPE CORAL, FL, 33991
Active63 days on marketListed Jun 9, 2026MLS #C7527125
About this home
1429 SW 4TH TERRACE
Seize your chance to own one of Cape Coral's most compelling commercial lots; a cleared, canal-front parcel spanning nearly half an acre (0.46 acres / 19,994 sq ft) in one of Southwest Florida's fastest-growing cities. This is the kind of opportunity that doesn't come twice. Positioned along a picturesque waterfront canal, this prime commercial lot delivers the rare combination of visibility, versatility, and scenery that businesses thrive on. Whether you're envisioning a waterfront restaurant, a boutique marina-adjacent retail concept, a professional office with a view, or a long-term investment hold in a market that continues to explode, this lot is your blank canvas. The site arrives cleared and ready for development, eliminating the time and cost of prep work so you can break ground and get moving. Surrounded by established businesses and thriving residential neighborhoods, foot traffic and community presence are already built into the location. Cape Coral is no secret, with a population surpassing 200,000 and consistent ranking among the fastest-growing cities in the nation, the demand for quality commercial space is only heading one direction. Get in front of it.
Facts & features
The home at a glance
0.46 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,259 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,259/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33991 — neighborhood snapshot
Population
25,991
Median age
46.5
Median income
$82,927
Median home value
$351,100
Avg household
2.62
Households w/ children
2,614
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $405K
Cape Coral median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 55% below the CAPE CORAL 33991 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 1429 SW 4TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$260,000
930 SW 34TH STREET · same community
3 bd · 2 ba · 1,182 sqft · $220/sqft · 68 DOM
Sold · Dec ’25$254,000
1714 NE 40TH LANE · same community
3 bd · 2 ba · 1,357 sqft · $187/sqft · 43 DOM
Sold · Mar ’26$298,000
4404 SW 7TH AVENUE · same community
3 bd · 2 ba · 1,359 sqft · $219/sqft · 51 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 1429 SW 4TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1429 SW 4TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1429 SW 4TH TERRACE FAQs
What would the monthly payment be for 1429 SW 4TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,259/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1429 SW 4TH TERRACE?+
The most recent tax bill on record (2025) was $2,627. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $139,000, this home is listed about 69% below the Cape Coral median of $442,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1429 SW 4TH TERRACE?+
Trafalgar Elementary School (elementary), Patriot Elementary School (elementary), Challenger Middle School (middle), Skyline Elementary School (elementary), Cape Coral High School (high), Ida S. Baker High School (high), Mariner Middle School (middle), Mariner High School (high), Hector A. Cafferata Junior Elementary School (elementary), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the CAPE CORAL 33991 market on paper
$139,000 is 55% below the CAPE CORAL 33991 median of $310,000.
02Strong assigned schools
Trafalgar Elementary School, Patriot Elementary School, Challenger Middle School, Skyline Elementary School, Cape Coral High School, Ida S. Baker High School, Mariner Middle School, Mariner High School, Hector A. Cafferata Junior Elementary School, North Fort Myers High School — Challenger Middle School rates 4 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $149,900, now $139,000 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ALLIANCE GROUP · Jennifer Taylor. MLS #C7527125.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Cape Coral homes, in your inbox
Like 1429 SW 4TH TERRACE but not quite? A daily digest of every new listing in Cape Coral — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Kevin to ping you on any price or status change →