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$46,000
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Property Description
Commercial lot in Unit 52 boasts a prime location, directly opposite Hermosa Canal and Albatross Lake, with desirable southern rear exposure. This zone permits professional use - ideal for medical practitioners, dentists, attorneys, or other professional office spaces. Consult the City of Cape Coral for comprehensive approved uses. Whether you're considering building immediately or viewing it as a future investment, this is a promising opportunity. Cape Coral's growth is nothing short of impressive. Situated conveniently off Tropicana Pkwy W., this vacant lot awaits your next business venture!
Full Property Details
Full Property Details for 1718 NW 8th Terrace
General
- Price: $46,000
- Taxes: $520 (2022)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6145636
- Updated: 5/13/2025
- Added to Site: 837 day(s) ago
Location
- Area: 33993 - Cape Coral
- County: Lee
- Development Name: 33993 - Cape Coral
- Subdivision: CAPE CORAL
- Driving Directions: Going South on Burnt Store Road N make a left onto Tropicana Parkway W, then left on NW 18th Ave, then bend will turn into NW 8th Terrace, the property will be on your right hand side.
- Direction Faces: North
School Information
- Elementary School: Hector A. Cafferata, Jr. Elementary
- Middle School: Mariner Middle School
- High School: Mariner High School
Community
- Community Name: 33993 - Cape Coral
Utilities
- Sewer: Septic Tank
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size: 10000
- Lot Dimensions: 80 x 125
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $200,000
- Tax Amount: $520.03
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CAPE CORAL UNIT 52 BLK 3793 PB 19 PG 52 LOTS 5 + 6
- Flood Zone Info: X
- APN: 044423C303793.0050
- Property ID: 044423C303793.0050
- Block/Lot/Section: 3793
Listed by Real Estate Firm Of Orlando
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Schools
Schools serving 1718 NW 8th 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 | 2.3 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 3.4 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 3.5 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 0.5 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.2 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.4 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 0.4 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 4.5 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 5.6 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 1718 NW 8th Terrace
Date
Details
Price
Change
Source
1/24/2025
Price Increased
$46,000
35.69%
MLS
12/04/2024
Price Reduced
$33,900
-2.87%
MLS
9/21/2024
Price Reduced
$34,900
-15.9%
MLS
9/19/2024
Price Increased
$41,500
4.01%
MLS
5/09/2024
Price Reduced
$39,900
-3.86%
MLS
2/18/2024
Price Reduced
$41,500
-9.78%
MLS
1/04/2024
Price Increased
$46,000
27.78%
MLS
10/04/2023
Listed
$36,000
—
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 1718 NW 8th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$423
-55%
$27,500
—
2024
$933
42%
$27,500
10%
2023
$655
26%
$25,000
67%
2022
$520
11%
$15,000
67%
2021
$470
13%
$9,000
123%
2018
$415
6%
$4,027
-63%
2017
$391
8%
$10,833
8%
2016
$363
24%
$10,000
150%
2015
$293
-31%
$4,000
-10%
2019
$422
77%
$4,430
11%
2014
$238
47%
$4,000
60%
2013
$162
—
$2,500
—
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 1718 NW 8th Terrace
1718 NW 8th Terrace, Cape Coral, FL 33993 (MLS# O6145636) is a Lots/Land property with a lot size of 0.23 acres. 1718 NW 8th Terrace is currently listed for $46,000 and was received on October 04, 2023. Want to learn more about 1718 NW 8th Terrace? 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.

