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About this home
420 Diplomat Pkwy E is a home in Cape Coral, Cape Coral. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This presents a prime opportunity to develop on a lot zoned RD-D this allows single family or duplex to be built on this parcel in Cape Coral, situated within the highly sought after Flood Zone X, where flood insurance is not required. With city water, sewer, and irrigation already in place, and all ASSEMENTS HAVE BEEN PAID IN FULL. This property is ready for development, making it a perfect choice for investors or those looking to generate rental income. Situated in a rapidly growing area, this lot offers convenient access to Pine Island Road, where you’ll find endless shopping, dining, and entertainment options. Just 11 miles to I-75, commuting is a breeze, while nearby attractions like Sun Splash Water Park, local golf courses, parks, and nature preserves provide plenty of recreation for residents. Cape Coral continues to be one of Southwest Florida’s most sought after markets, offering boating access, year round outdoor activities, and a vibrant community atmosphere. Whether you’re planning to build a single family home a duplex or expand your investment portfolio, this property presents incredible potential. Don’t miss this opportunity to secure a prime piece of Cape Coral real estate—priced to sell and ready for your vision!
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$69,500
Time on market
64 days
Monthly payment
About $471/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $897 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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