1627 NE 23rd Ter, Cape Coral, FL 33909 - Photo 1

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$49,900

For Sale
Active
Commercial Land
0.344 Acres

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Property Description

This prime vacant commercial lot offers an exceptional development opportunity in a high-visibility, high-growth area of Cape Coral. Water and sewer is currently being installed along the corridor, reducing future site-prep hurdles and unlocking immediate long-term value. Benefit from Cape Coral's exploding population growth and robust local economy, creating constant demand for modern commercial services and retail offerings. Located in a growing neighborhood surrounded by new construction, the lot provides easy access to shopping, dining, schools, parks, and major roadways. Take advantage of Cape Coral's continued growth and secure this desirable homesite today! Buyers should verify zoning, building requirements, utility availability, and any applicable assessments with the City of Cape Coral.

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Full Property Details

Full Property Details for 1627 NE 23rd Terrace

General

Price: $49,900
Taxes: (2025)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 2026031288
Updated: 7/30/2026
Added to Site: 46 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
Direction Faces: South

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Unpaid
Water: Assessment Unpaid
Utility Description: None

Structural Information

Description/Design: Commercial Lot
Current Bldg. Use: Multi_MF

Lot Features

Property View: None/Other
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: Public Road
Frontage Feet: 120
Street/Road Desc.: Paved
Irrigation System: Assessment Unpaid
Lot Features: 3 Lots
Zoning: Commercial
Lot Description: 3 Lots

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $145,058
Tax Year: 2025
Terms: Cash

Disclosures and Reports

Multiple Parcels: Yes
Legal Description: CAPE CORAL UNIT 33 BLK 2178 PB 16 PG 53 LOTS 28 THRU 30
Property ID: 32-43-24-C1-02178.0280
Section: 32
Block: 2178
Lot Number: 28

Listed by CapeCoralLots.com

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Schools

Schools serving 1627 NE 23rd Terrace

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

Name	Grades	Distance
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	0.9 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	1.6 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	2.6 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	0.9 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	3.6 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	2.3 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	4.5 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	3.7 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 1627 NE 23rd Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/22/2026

Listed

$49,900

—

MLS

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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 1627 NE 23rd Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,026

—

$14,055

10%

2025

$1,026

$12,777

-69%

2024

$942

14%

$40,957

32%

2023

$825

38%

$30,941

244%

2021

$598

-10%

$9,000

-47%

2022

$662

11%

$17,100

104%

2021

$598

12%

$8,400

28%

2018

$536

$6,556

-42%

2017

$492

13%

$11,386

42%

2016

$435

11%

$8,000

11%

2015

$393

-28%

$7,200

—

2019

$543

64%

$7,212

10%

2014

$331

29%

$6,580

24%

2013

$256

—

$5,300

—

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 1627 NE 23rd Terrace

1627 NE 23rd Ter, Cape Coral, FL 33909 (MLS# 2026031288) is a Commercial Land property with a lot size of 0.344 acres. 1627 NE 23rd Ter is currently listed for $49,900 and was received on July 22, 2026. Want to learn more about 1627 NE 23rd 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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1627 NE 23rd Terrace Cape Coral, FL 33909