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4607 31st Terrace, Cape Coral
New construction
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NW CAPE · 33993

4607 31st Terrace

Cape Coral, FL 33993

$370,000
New construction Zone AE

$225 / sq ft · 184 days on market

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  • 3 Beds
  • 2 Baths
  • 1,641 Sq ft
  • 2023 Built
  • 0.23 ac Lot

How this home is priced

List price $370,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 106 days.

$225

Per sq ft

Sold median $231

-7.5%

vs median sold

$400K median

106 days

Median days to close

New construction

99.1%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
BLUE HERON OF CAPE CORAL
Subdivision
BLUE HERON OF CAPE CORAL
MLS status
Active
See all homes

Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Well
Sewer
Septic Tank
Utility assessment
Possible in future

Possible future utility assessment. This street is on well and septic today. A future UEP assessment (often $12,000+) may be levied when city utilities arrive; ask the builder whether it is included.

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone AE

1% annual-chance flood zone. New construction is built to current base-flood elevation, which is why new homes here often insure for a fraction of older ones. Read the flood-zone guide.

About this home

Beautiful residential lot located in the fast-growing area of NW Cape Coral. This property offers the perfect opportunity to build your dream home or invest in one of the most desirable up-and-coming neighborhoods in the city. Surrounded by new construction and conveniently positioned near schools, parks, shopping, and major roadways, this lot provides both privacy and accessibility. Enjoy the peaceful setting, Florida sunshine, and the potential for long-term value in a thriving community. Don’t miss the chance to secure this prime piece of land in Cape Coral. The house is rented at this time.

Home features

Bedrooms
3
Bathrooms
2
Living area
1,641 sqft
Garage
2-car
Pool
No
Waterfront
No
Lot
0.23 acres
Stories
1
Year built
2023

Property details

MLS #
1155057636
Status
Active · New construction
MLS status
Active
Property type
Single-family residence
Subdivision
BLUE HERON OF CAPE CORAL
Listed
Mar 12, 2026
Days on market
184
ZIP
33993
County
Lee County
Water
Well
Sewer
Septic Tank

Location

Open in Maps
EP

Listing agent

Edgardo Penaloza

Mega Realty International, Inc

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The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of Mega Realty International, Inc.

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