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$240,000
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Property Description
SELLER FINANCING AVAILABLE! Prime commercial lot at 1605 NW 15th Ter, Cape Coral, offering a fantastic investment opportunity in a rapidly growing area. Zoned commercial per the City of Cape Coral, this property is perfect for retail, office space, or other business ventures. This lot is in the North 7 utility expansion, ensuring future infrastructure improvements add to its value. Located in a developing area with convenient access to major roads and amenities, this lot is full of potential. Possible burrowing owl nest-buyers to verify environmental considerations. Don't miss this chance to invest in Cape Coral's expanding commercial landscape- This parcel may be purchased with 1, 2 or 3 other parcels: 1604 Diplomat Pkwy W, 1610 Diplomat Pkwy W, 1613 NW 15th Ter.
Full Property Details
Full Property Details for 1605 NW 15th Terrace
General
- Price: $240,000
- Taxes: (2024)
- Status: Active
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 225033212
- Updated: 12/23/2025
- Added to Site: 341 day(s) ago
Additional Information
- Shared Amenities: None, No Subdivision
Location
- Area: CC42 - Cape Coral Unit 50, 54, 51, 52, 53,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Corner of Chiquita and NW 15th Terrace - Use GPS
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Trash Removal
Structural Information
- Description/Design: Commercial Lot
- Current Bldg. Use: Commercial
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.686
- Lot Size (Sq. Ft.): 29,882
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 240 x 240 x 125 x 125
- Frontage Feet: 240
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: 3 Lots, Corner Lot
- Zoning: MR
- Lot Description: 3 Lots, Corner Lot
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $349,854
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 52 BLK 3817 PB 19 PG 63 LOTS 34 THRU 39
- Property ID: 04-44-23-C2-03817.0340
- Section: 4
- Block: 3817
- Lot Number: 34
Listed by Always Island Time Realty LLC
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Schools
Schools serving 1605 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 | 2.6 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 3.6 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 4.4 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 1.4 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.5 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.2 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 1.1 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 5.3 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 5.8 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 1605 NW 15th Terrace
Date
Details
Price
Change
Source
4/02/2025
Listed
$240,000
-39.55%
MLS
12/23/2006
Sold
$397,000
—
Public Record
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 1605 NW 15th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$663
-61%
$56,202
-25%
2024
$1,680
-1%
$74,595
-23%
2023
$1,700
45%
$97,422
273%
2021
$1,176
-16%
$26,100
-59%
2022
$1,404
19%
$63,711
141%
2021
$1,176
10%
$26,400
42%
2018
$1,066
-1%
$18,602
-9%
2019
$1,072
18%
$20,462
—
2017
$906
9%
$20,400
—
2016
$833
9%
$20,400
6%
2015
$761
12%
$19,200
10%
2014
$681
21%
$17,484
49%
2013
$565
—
$11,700
—
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 1605 NW 15th Terrace
1605 NW 15th Ter, Cape Coral, FL 33993 (MLS# 225033212) is a Commercial Land property with a lot size of 0.686 acres. 1605 NW 15th Ter is currently listed for $240,000 and was received on April 02, 2025. Want to learn more about 1605 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.

