3623 NW 38TH LANE, CAPE CORAL, FL, 33993
Active27 days on marketListed Aug 24, 2026MLS #TB8540249
About this home
3623 NW 38TH LANE
Build your vision in growing Northwest Cape Coral! This cleared, oversized corner lot offers approximately 0.37 acres (16,291 square feet) of residential land, providing plenty of space and flexibility for your future Florida home, outdoor living area, pool, and more. Situated in a peaceful residential setting, this property offers the advantage of a corner location along with the convenience of a cleared homesite ready for the next steps toward development. Enjoy all that Southwest Florida living has to offer, with nearby access to outdoor recreation, boating and fishing opportunities, golf, shopping, dining, and the continued growth of Northwest Cape Coral. The property is residentially zoned and located in Flood Zone AE. A private well and septic system will be required, giving the future owner the opportunity to establish utilities as part of their building plans. Buyers are encouraged to perform their own due diligence regarding permitting, building requirements, utilities, flood requirements, and intended use. Whether you're looking to build your future home or secure an oversized parcel for investment, 3623 NW 38th Lane presents an excellent opportunity to own a cleared corner homesite in one of Cape Coral's growing residential areas. Bring your builder and start planning your piece of Southwest Florida!
Facts & features
The home at a glance
0.37 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.
$484 /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
$484/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 33993 — neighborhood snapshot
Population
33,045
Median age
43.7
Median income
$89,220
Median home value
$319,500
Avg household
2.96
Households w/ children
3,468
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
96.5%
Sale-to-list ratio (12 mo)
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 59% below the CAPE CORAL 33993 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 3623 NW 38TH LANE
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
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3623 NW 38TH LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3623 NW 38TH LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3623 NW 38TH LANE FAQs
What would the monthly payment be for 3623 NW 38TH LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $484/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 3623 NW 38TH LANE?+
The most recent tax bill on record (2025) was $1,000. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 3623 NW 38TH LANE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Cape Coral?+
At $38,000, this home is listed about 91% below the Cape Coral median of $425,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3623 NW 38TH LANE?+
Mariner High School (high), Mariner Middle School (middle), Hector A. Cafferata Junior Elementary School (elementary), Challenger Middle School (middle), Patriot Elementary School (elementary), Trafalgar Elementary School (elementary), Skyline Elementary School (elementary), Cape Coral High School (high), North Fort Myers High School (high), Ida S. Baker High School (high), Island Coast High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FRANK ALBERT REALTY · Ivette Cuadrado. MLS #TB8540249.
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.
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