Oversized Double Lot For Sale in Cape Coral Unit 48

Property address: 12 NW 10 Ave, Cape Coral, FL 33992 | Represented by The Listing Team at RESF, 2440 E Commercial Blvd, Suite 2, Fort Lauderdale, FL 33308

When you are thinking long term, sometimes the best move is not another finished house. It is the land under it. This oversized double lot in Cape Coral Unit 48, located at 12 NW 10 Ave, Cape Coral FL 33992, gives you two platted lots sold together in one package with a south-facing exposure. For a buyer, builder, or investor who wants flexibility, that combination is hard to beat.

The MLS describes this opportunity as Lots 27 and 28 with an approximate lot size of 10,000 square feet (about 0.23 acres) in a quiet, growing part of Cape Coral. You are in a residential neighborhood with room to build, without dealing with HOA rules or deed restrictions, and marketed as not in a flood zone.

The current MLS list price is approximately $57,000 for the combined double lot. If you want an updated price, recent lot sales, or builder cost estimates in Cape Coral, reach out and we will lay out the numbers before you make a move.

Location: Cape Coral Unit 48 in Lee County

This property sits inside Cape Coral Unit 48 in Lee County, in the broader Southwest Florida market. The driving directions call out a route using Del Prado, Diplomat Parkway, Chiquita Boulevard, and NW 10th Terrace before you arrive at NW 10th Avenue, with the lot located between NW 12th Street and NW 13th Lane.

From here you have a simple, grid style street pattern, with easy access to:

• Local shopping, schools, and parks in the Cape Coral area.
• Larger employment and retail centers throughout Lee County.
• The greater Southwest Florida corridor, including Fort Myers and nearby coastal communities.

For buyers coming from Miami, Broward, or Palm Beach, Cape Coral often feels like a different pace of life: more space, less congestion, and a chance to build exactly what you want, instead of fighting over finished inventory.

Lot size, orientation, and potential

The MLS notes this as an oversized double lot with an approximate lot size of 10,000 square feet. That is larger than a typical single parcel in many residential neighborhoods, and it gives you more flexibility for the way you design your future build:

• Room for a single family home with a deeper backyard.
• Space to plan a pool, outdoor kitchen, or detached structure (subject to local code).
• A wider building envelope for a more substantial home or side entry garage.

The lot is described as having a south-facing front exposure. In practical terms, that means your future backyard can be oriented to catch sunlight for a pool, patio, and outdoor living area without being in shadow all day. For many end users, that sunlight pattern is one of the quiet features that makes a home feel better day to day.

No HOA, no deed restrictions, and not in a flood zone

One of the biggest selling points with this Cape Coral land is the freedom from layers of rules. The remarks highlight:

• No HOA – no monthly association dues and no HOA architectural review board.
• No deed restrictions – more flexibility on design choices within city and county code.
• Not in a flood zone (as marketed in the listing) – which can help with insurance and long term risk.

Flood maps and local regulations do change over time, so a smart buyer will always double check FEMA flood maps, city building departments, and insurance quotes during due diligence. But starting from a position with no HOA and no deed restrictions gives you more control than many platted communities across Florida.

Zoning, utilities, and what you can build

The lot is listed as zoned residential with a style of Zoned Residential, undeveloped land. In simple terms, this is not agricultural acreage and not commercial frontage. It is residential land intended for future housing, which is exactly what many buyers and small builders want in Cape Coral.

The remarks recommend that buyers verify utility availability and building requirements directly with the City of Cape Coral. That is standard for any land purchase. When you do your homework, you will want to confirm:

• Current status of water, sewer, and power to the site or nearby streets.
• Any impact fees, connection fees, or assessments for utilities or road projects.
• Setbacks, height limits, and any design guidelines that apply in Unit 48.

Once you have those answers, you can sit down with a builder and match floorplans, budgets, and timelines to your goals, whether the plan is to build right away or hold the dirt as an investment.

Who this Cape Coral double lot is ideal for

This kind of residential land opportunity tends to attract three main groups:

• End users who want to design and build a custom or semi-custom home instead of competing for resale inventory.
• Investors who understand the long term trend in Southwest Florida growth and want to control land now, then decide later whether to build, sell to a builder, or hold.
• Small builders who like simple, residential lots without HOA complications, where they can plug in their own home models.

With a list price around $57,000, no HOA, and a south-facing oversized double lot, this parcel checks the boxes for anyone who wants a manageable entry point into the Cape Coral land market without overcommitting.

Tax and purchase details

The MLS tax information shows an annual tax amount of about $430 for the 2024 tax year. Actual taxes for a new owner may change over time based on assessed value, exemptions, millage rates, and whether a future home is built on the site.

Terms in the financial section indicate all cash as the preferred structure. That is common for land purchases, especially at this price point and in secondary markets, where lenders can be more selective about lot-only financing.

The listing notes that there may be multiple offers, which is normal for well priced land in growing areas. Strong proof of funds and a clean offer package will help you compete.

Next steps if you are interested in 12 NW 10 Ave, Cape Coral

If this oversized south-facing double lot in Cape Coral Unit 48 lines up with your plans, the smartest next step is a combination of on-site visit and due diligence.

Drive by and walk the area so you can feel the street, neighboring homes, and future potential. Then let The Listing Team at RESF help you:

• Pull recent land sales and market trends for Cape Coral and Lee County.
• Coordinate with the City of Cape Coral on utilities and building guidelines.
• Connect you with local builders, engineers, and surveyors if you plan to develop.

Call or text 305-992-4674 or visit RealListingAgent.com to request more information on this Cape Coral double lot and other land opportunities across South Florida and Southwest Florida.

Whether you are based on the east coast or already local to Lee County, we can help you understand the real numbers and decide if this land is the right foundation for your next move.