718 NW 38 Place












Magnificent gulf access lot, perfectly positioned on Watermelon Canal in the highly desirable part of NW Cape Coral. You'll be captivated by the tranquil views and the peaceful atmosphere. Strategically located just east of Old Burnt Store Rd, this lot places you minutes away from the open Gulf waters. With brand new homes being built this area is highly sought after (house adjacent to this lot sold in 2021 for $1.2M!). The upcoming 7 Islands development elevates this opportunity, promising a host of new amenities including fine dining, shopping, and recreational activities. This addition will not only enhance your lifestyle but also add value to your investment. Build your dream home here (we can recommend builders). Property listing co-listed with Barclay’s Real Estate Group, Cape Coral
Selling a home in Cape Coral? List it on the same MLS for a flat fee instead of a listing commission. Start your listing.
Listed by Dezer Platinum Realty LLC · 305-932-1000
Listing data comes from the participating MLS and is provided for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties shown may be listed by brokerages other than Pure Equity Realty LLC, and are marked with the listing office’s name. Information is deemed reliable but is not guaranteed accurate by the MLS or by Pure Equity Realty LLC, and should be independently verified. Data last updated September 17, 2026.