Back 2589 NW 5th Pl
Off Market

2589 NW 5th Pl

Cape Coral FL 33993

0.24 ac.
Land
Last sold for $38,000
Judy SylviaJudy Sylvia, last sold this property on 24 February 2026 after 350 days on market.

Overview

Experience panoramic views from this exceptional oversized homesite positioned on a pristine freshwater basin flowing directly into the picturesque Carousel Lake. Each morning, be captivated by spectacular sunrises painting the sky with brilliant colors that reflect magnificently across the expansive water vista. This premier property presents the perfect canvas for your custom dream home, situated in the flourishing Northwest Cape Coral neighborhood where rapid development signals tremendous growth potential and increasing property values. Strategically located near the prestigious Coral Oaks Golf Course and just moments from the highly anticipated Festival Park development, you'll soon enjoy premium recreational amenities that complement the peaceful waterfront lifestyle. Imagine spending your days embracing the tranquility of waterfront living—kayaking through serene waterways, fishing from your private shoreline, or exploring the interconnected canal system and Carousel Lake by small boat. Whether you're ready to build immediately or seeking a smart investment opportunity in one of Cape Coral's most promising areas, this oversized waterfront property offers exceptional value in today's competitive market where premium waterfront homesites are increasingly scarce. Don't miss this wonderful opportunity to secure your slice of Florida waterfront paradise in a thriving community poised for continued growth and appreciation.RetryClaude can make mistakes. Please double-check responses.

Features

0.24 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cape Coral over the last 12 months, the estimated median property value of 2589 NW 5th Pl is $42k.

Median value
$42k
Estimated value range
$5k - $1.21m
Median days on market
70
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2589 NW 5th Pl

2026
Sold
$38,000
24 Feb 2026 by Judy Sylvia, of REMAX Realty Team | Dublin

Happy sellers in Cape Coral

92%
92% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Cape Coral over the last 12 months.

Local market activity for land plots in Cape Coral

In the last 12 months, 521 land plots similar to 2589 NW 5th Pl, have been sold.

This represents a 41% increase in land plots sales when compared to the previous 12 months.

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