This site is located in a quiet neighborhood in northern Cape Coral where newer homes in the $300K to $400K range are being built. Build now or hold for future investment. Close to Pine Island Rd. means quick access to shopping, restaurants, and all Points of Interest. Be sure to check out Matlacha for unique restaurants and colorful shops. This lot has a Flood Zone 'X' rating and offers northern exposure. City utility extension project at least 2 years out for this neighborhood - buyer responsible for associated assessments.