1616 NE 2nd Ter, Cape Coral, FL 33909 - Photo 1

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$149,000

For Sale
Active
Residential Lots
0.344 Acres
Updated 7 days ago

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Property Description

Triple-Lot Waterfront Opportunity in Established Cape Coral Location. Rare opportunity to own a triple lot in an established section of Cape Coral, offering plenty of space and outstanding waterfront potential. City water and sewer are already in place and paid, providing significant value and convenience for future development. Enjoy an impressive 120 feet of frontage on a freshwater canal, perfect for creating your own waterfront retreat. Because this is a freshwater property, a seawall is not required. Instead, you can utilize a littoral, or natural shoreline, zone-potentially saving you thousands of dollars compared with properties requiring seawalls. With three lots, 120 feet of freshwater frontage, and paid water and sewer, this property offers an exceptional combination of size, location, and value in Cape Coral. Don't miss this opportunity to build your Florida waterfront dream while taking advantage of the substantial savings that come with a freshwater canal property. Short term Seller financing available.

Full Property Details

Full Property Details for 1616 NE 2nd Terrace

General

Price: $149,000
Taxes: $2,073 (2025)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2026034982
Updated: 8/18/2026
Added to Site: 8 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: From N Del Prado, turn east on NE 2nd Ter. Lot is on your left-sign on property.
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Paid
Water: Assessment Paid, Irrigation Water
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Structural Information

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

Lot Features

Property View: Canal
Lot Size (Acres): 0.344
Lot Size (Sq. Ft.): 14,984
Lot Size Source: Property Appraiser Office
Lot Dimensions: 120 x 120 x 125 x 125
Frontage Feet: 120
Road Maintenance: City Maintained
Irrigation System: Assessment Paid
Lot Features: 3 Lots, Oversize
Zoning: R1BW
Lot Description: 3 Lots, Oversize

Water Features

Water Front: Yes
Water Front Desc.: Canal Front
Canal Width: Canal Width 81-120

Financial Considerations

Price Per Acre: $433,139
Tax Amount: $2,073
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Multiple Parcels: Yes
Legal Description: CAPE CORAL UNIT 17 BLK 1540 PB 14 PG 30 LOTS 7 THRU 9
Property ID: 08-44-24-C4-01540.0070
Section: 8
Block: 1540
Lot Number: 7

Listed by Properties in Paradise Real Estate, LLC

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Schools

Schools serving 1616 NE 2nd Terrace

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

Name	Grades	Distance
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	1.1 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	1.6 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	2 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	0.9 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	2.1 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	1.9 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	4 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	4.1 mi
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903	K-5	2.4 mi

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

Price & Sales History for 1616 NE 2nd Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/17/2026

Listed

$149,000

254.76%

MLS

3/30/2018

Sold

$42,000

—

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 1616 NE 2nd Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,797

—

$59,267

10%

2025

$1,797

$53,879

-43%

2024

$1,733

12%

$95,184

2023

$1,545

26%

$88,022

69%

2022

$1,230

$51,980

41%

2021

$1,141

13%

$36,800

10%

2019

$1,010

13%

$33,350

34%

2018

$894

$24,963

-7%

2017

$826

$26,971

2016

$764

$25,300

—

2015

$721

$25,300

21%

2014

$688

36%

$20,930

35%

2013

$507

—

$15,500

—

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 1616 NE 2nd Terrace

1616 NE 2nd Ter, Cape Coral, FL 33909 (MLS# 2026034982) is a Residential Lots property with a lot size of 0.344 acres. 1616 NE 2nd Ter is currently listed for $149,000 and was received on August 17, 2026. Want to learn more about 1616 NE 2nd Ter? Do you have questions about finding other Residential Lots 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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1616 NE 2nd Terrace Cape Coral, FL 33909