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1631 NE 16 Ter Cape Coral, FL $ 85,000
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$ 85,000 Get more info
1631 NE 16 Ter
$ 85,000
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Share Save

1631 NE 16 Ter

Cape Coral, FL, 33909
$ 85,000
Baths0.0

Monthly Estimate*

$ 565

1631 NE 16 Ter, Cape Coral, FL 33909 - Image 1
1631 NE 16 Ter, Cape Coral, FL 33909 - Image 2
1631 NE 16 Ter, Cape Coral, FL 33909 - Image 3
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Studio

Lots and Land for sale in Cape Coral, FL

for $85,000. The lot size is 0.2296.

Prime vacant land in Cape Coral with RML zoning, ideal for Residential Multi-Family use, offers a lucrative investment opportunity due to high demand for multifamily properties. The zoning allows for significant potential for builders and developers to establish multifamily rental units. The undeveloped land is an optimal foundation for your multifamily residential project, located in a high-demand area within a sought-after neighborhood. Utility connections are set to begin within two months, expected to substantially increase lot values. Duplex lots in the area are already valued above $100,000.00. Seize this opportunity in a rapidly growing market.

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Lots and Land Active

Price

$ 85,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 771

Style

Lot Size

0.2296

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

A11541611
Features
General
Possession CloseOfEscrow
Development Status RawLand
Property SubType Other
Tax Year 2023
County Lee County
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name CAPE CORAL
Facing Direction East
Garage Y/N N
Building Features NotApplicable
Status Active
City Cape Coral
View Y/N N
Senior Community Y/N N
Zoning Description Zoning: RML
MLS Area 5940 Florida Other
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 16 Ter
Listing Terms Cash Other
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 771.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Other Geographic Area (Out Of Area Only)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11541611
Days on Market 1
Standard Status Active
Property Sub Type Additional Other
Legal Description CAPE CORAL UNIT 33 BLK 2207 PB 16 PG 41 LOTS 43 + 44
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Exterior
Spa N
Lot Size Acres 0.2296
Covered Spaces 0.0
Number of Lots 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1631
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* Excluded Features
List By
Home Wiz Usa

Broker

karla@miacasarealty.com

Email

Affordability Calculator

$629
Per Month
90%
10%
0%
Monthly Principal & Interest
$565
Monthly Property Taxes
$64
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/29/2024$85,000 Listed Price

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1631 NE 16 Ter, Cape Coral, FL, 33909 is a Lots and Land for sale at $85,000 with a lot size of 0.2296. 1631 NE 16 Ter is a studio with 0.0 baths. The property's zip code is 33909 which is in Cape Coral, FL

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