5824 Southwest 1st Avenue

Cape Coral FL 33914

0.23 ac.

Land

Last sold for $555,000

Mike Darda, last sold this property on 31 August 2026 after 536 days on market.

Overview

Premium waterfront homesite with DIRECT SAILBOAT GULF ACCESS just minutes to open water. Enjoy approximately 2 minute boating access to the Caloosahatchee River with no bridges, no locks, and unrestricted water access. RE BUILT SEAWALL with a high bulkhead is already in place, making this property shovel-ready for your custom waterfront dream home. Located in the highly desirable Tarpon Point area of Cape Coral, this lot is surrounded by newer luxury waterfront residences and impressive riverfront estates. Positioned across the street from stunning riverfront mansions, your future home will be in exceptional company in one of Southwest Florida’s most prestigious boating corridors. Boaters will appreciate the proximity to Tarpon Point Marina and The Westin Cape Coral Resort, along with some of the area’s top waterfront restaurants, including Marker 92, Gather, High Tide Social House, and Pinchers. Arrive by boat, car, or bike and enjoy the ultimate Florida coastal lifestyle. This Gulf-access homesite is also located in Cape Coral’s most dynamic waterfront redevelopment corridor. The transformational Yacht Club Beach and Marina renovation will introduce resort-style pools, expanded marina facilities, waterfront dining, boutique retail, and vibrant community gathering spaces, further enhancing long-term property values. Just minutes away, The Cove at 47th is emerging as South Cape’s walkable downtown destination featuring Oak and Stone with a rooftop bar, Aqua Seafood and Steaks, Big Nick’s BBQ, Seed and Bean Market, and additional waterfront dining concepts opening through 2025 and 2026. Nearby Bimini Square continues its phased openings, with waterfront restaurants, boutique retail, Lee Health medical services, and public marina access, all designed around a live-work-play environment. With Tarpon Point Marina, The Westin Resort, Palmetto Pines Country Club, and Coral Oaks Golf Course all nearby, this property offers the rare combination of direct sailboat access, re-built seawall infrastructure, luxury surroundings, and strong future growth potential. Build your custom Gulf access estate in one of Cape Coral’s most sought-after waterfront neighborhoods.

Features

0.23 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 5824 Southwest 1st Avenue is $140k.

Median value

$140k

Estimated value range

$30k - $2.63m

Median days on market

Estimated value trend

12%

increase 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.