Cape Coral, FL Real Estate Search

Cape Coral, FL Homes under $200,000 for Sale

Our website features the best real estate search for under $200,000 homes available in Cape Coral, FL and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Cape Coral, FL Homes under $200,000 for Sale

$85,000
2025007855 MLS
Prime residential lot opportunity in Cape Coral, Lee County, located at 1037 NW 37TH PL. Located in a desirable residential area, the property offers access to Burnt Store Road North (0.67 miles), 7-Eleven (0.80 miles), the Future Park site (0.84 miles), and local schools (2.06 miles). The lot is in Flood Zone AE, a high-risk zone with a 1/100 annual chance of flooding and a defined Base Flood Elevation (BFE). Construction must elevate the lowest floor to or above the BFE, often requiring pilings, fill, or stem walls, which can raise costs (typically 10-30%+). Flood insurance is mandatory for financing, and local permits enforce elevation standards. No wetlands are present on or near the site, allowing full lot utilization without environmental buffers, mitigation, or additional permitting. Zoned R1 Single Family Residential District, the property supports low-density residential use, including single-family detached homes, site-built and modular homes meeting the Florida Building Code. ADUs may be permitted under Florida law (Live Local Act considerations may apply). Duplexes, townhomes, multifamily apartments, mobile/manufactured home communities, and rowhomes are prohibited without rezoning or variance. Buyer should verify zoning, setbacks, utilities, flood and development requirements with the City of Cape Coral Planning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.