127 NW 15th Ter, Cape Coral, FL 33993 - Photo 1

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$40,000

For Sale
Active
Commercial Land
0.2296 Acres
Updated 12 days ago

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Property Description

Prime commercial opportunity in rapidly developing Northwest Cape Coral. Located at 1924 NW 15th Place, this vacant lot is zoned CP (Commercial Professional), offering excellent flexibility for professional or service-oriented commercial uses (buyer to verify specific permitted uses). Surrounded by ongoing growth and new development, this property is ideal for investors, developers, or business owners looking to establish a presence in one of Cape Coral's fastest-expanding areas. Enjoy convenient access to major roadways, residential neighborhoods, and nearby shopping and dining, making this a strategic location for future development. With no HOA restrictions and no required timeframe to build, you have the freedom to develop when the timing is right. Whether you're planning a future project or securing land for long-term appreciation, this CP-zoned lot offers strong potential in a high-growth corridor of Cape Coral.

Full Property Details

Full Property Details for 127 NW 15th Terrace

General

Price: $40,000
Taxes: (2025)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 2026008706
Updated: 2/20/2026
Added to Site: 15 day(s) ago

Additional Information

Shared Amenities: No Subdivision, Non-Gated

Location

Area: CC41 - Cape Coral Unit 37-43, 48, 49
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: South

Community

Assoc. Fees Include: None

Utilities

Sewer: None
Water: None, Irrigation Water
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, None, Trash Removal

Structural Information

Description/Design: Commercial Lot
Current Bldg. Use: Single Family

Lot Features

Property View: None/Other
Lot Size (Acres): 0.2296
Lot Size (Sq. Ft.): 10,001
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 120 x 120
Frontage Feet: 80
Road Maintenance: City Maintained
Irrigation System: None
Lot Features: Regular
Zoning: CP
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $174,216
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 38 BLK 2660B PB 16 PG 99 LOTS 21 + 22
Property ID: 02-44-23-C2-02660.B210
Section: 2
Block: 2660B
Lot Number: 21

Listed by RE/MAX Realty Team

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Schools

Schools serving 127 NW 15th Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	1.7 mi
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991	K-5	4.3 mi
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991	K-5	4.5 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.7 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	3.4 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	4.4 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.4 mi
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991	K-5	5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 127 NW 15th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/18/2026

Listed

$40,000

122.22%

MLS

9/11/2024

Sold

$18,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 127 NW 15th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,127

13%

$34,723

2024

$1,001

$31,930

-5%

2023

$982

95%

$33,568

269%

2021

$503

-13%

$9,100

-55%

2022

$580

15%

$20,000

107%

2021

$503

13%

$9,650

56%

2018

$444

$6,202

-43%

2017

$415

15%

$10,821

59%

2016

$362

$6,800

2015

$331

23%

$6,300

12%

2014

$270

-40%

$5,640

-17%

2019

$453

136%

$6,822

71%

2013

$192

—

$4,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 127 NW 15th Terrace

127 NW 15th Ter, Cape Coral, FL 33993 (MLS# 2026008706) is a Commercial Land property with a lot size of 0.2296 acres. 127 NW 15th Ter is currently listed for $40,000 and was received on February 18, 2026. Want to learn more about 127 NW 15th Ter? Do you have questions about finding other Commercial Land real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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127 NW 15th Terrace Cape Coral, FL 33993