807 NE 38th Terrace Excellent opportunity to own this oversized freshwater canal lot, encompassing 0.28 acres of prime real estate in this booming section of Cape Coral. Situated on a freshwater canal, this lot is the perfect canvas to build the masterpiece home you've always dreamed of. Zone X, no flood insurance required! The adjacent lot at 801 NE 38th Ter and 3819 Andalusia Blvd, are also available for purchase, combining for nearly an acre of land. Build a single grand estate or multiple homes. This is a rare chance to secure a large parcel in a rapidly growing area. Whether you envision a luxurious single estate or multiple homes, the possibilities are endless. No assessments due at this time. Inquire today for more details!