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Property Description
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY IN CAPE CORAL! Strategically located just south of the busy Del Prado Boulevard and Kismet Parkway intersection, this approximately 0.34-acre, three-lot commercial parcel offers an excellent opportunity to establish a business presence in Northeast Cape Coral. Zoned Commercial (C) with a Commercial/Professional (CP) future land use designation, the property offers potential for a variety of commercial applications, including retail, professional offices, and service-oriented businesses, subject to City approval and development requirements. Situated near the Publix-anchored Shoppes at North Cape shopping center, restaurants, automotive services, and established residential neighborhoods, the property benefits from convenient access to major roadways and surrounding commercial activity. With approximately 120 feet of frontage along NE 23rd Terrace, this parcel presents an attractive opportunity for investors, entrepreneurs, and developers seeking a commercial location in Cape Coral. Explore the possibilities and position your next business venture in this growing Southwest Florida community! Buyers are responsible for independently verifying permitted uses, zoning, development requirements, utilities, assessments, lot dimensions, and all applicable regulations with the City of Cape Coral.
Full Property Details
Full Property Details for 1627 NE 23rd Terrace
General
- Price: $49,900
- Taxes: (2025)
- Status: Active
- Type: Lots/Land
- Source: Bonita_Springs
- MLS ID: 226037747
- Updated: 10/17/2026
- Added to Site: 4 day(s) ago
Additional Information
- Shared Amenities: No Subdivision, 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: Unimproved Land
- Current Bldg. Use: Commercial
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: 122 x 122 x 126 x 126
- Frontage: Public Road
- Frontage Feet: 122
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: 3 Lots
- Zoning: MR
- Lot Description: 3 Lots
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $145,058
- Tax Year: 2025
- Terms: Buyer Finance/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 EXP Realty LLC
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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
Date
Details
Price
Change
Source
10/17/2026
Listed
$49,900
—
MLS
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
9%
$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
9%
$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
—
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# 226037747) is a Lots/Land property with a lot size of 0.344 acres. 1627 NE 23rd Ter is currently listed for $49,900 and was received on October 17, 2026. Want to learn more about 1627 NE 23rd Ter? Do you have questions about finding other Lots/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.

