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$79,900
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Property Description
Amazing Deal for a triple lot--MULTI-FAMILY LOT!! This property is located in the current City Water, Sewer and Irrigation expansion area. Buyer to assume all future Assessments. Once the utilities are in, you can Build up to a 5 Unit Investment property! Or the Owner has the lot directly behind this for sale (2212 NE 17th St), providing a great opportunity for a much larger Multi-Family Development. This is one of the best investment lots in all of Cape Coral!!
Full Property Details
Full Property Details for 2211 NE 16th Terrace
General
- Price: $79,900
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2025022965
- Updated: 12/2/2025
- Added to Site: 47 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: NE 16th ter
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Assessment Unpaid, Central, Septic Tank
- Water: Assessment Unpaid, Central, Well, Irrigation Water
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Multi_MF, Multi_SF
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.356
- Lot Size (Sq. Ft.): 15,507
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 125 x 125 x 125 x 125
- Frontage Feet: 125
- Road Maintenance: City Maintained
- Irrigation System: Assessment Unpaid, Central, Well
- Lot Features: 3 Lots, Corner Lot, Oversize, Regular
- Zoning: R3-D
- Lot Description: 3 Lots, Corner Lot, Oversize, Regular
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $224,438
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 33 BLK 2218 PB 16 PG 44 LOTS 25 THRU 27
- Property ID: 32-43-24-C3-02218.0250
- Section: 32
- Block: 2218
- Lot Number: 25
Listed by Gulf Gateway Realty, Inc.
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Schools
Schools serving 2211 NE 16th Terrace
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903 | K-5 | 1.1 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 1.3 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 1.5 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 1.4 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 2.9 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 5.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 1.9 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5 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 2211 NE 16th Terrace
Date
Details
Price
Change
Source
12/02/2025
Listed
$79,900
22.92%
MLS
3/17/2025
Sold
$65,000
—
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 2211 NE 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$495
-55%
$37,791
-10%
2024
$1,104
5%
$42,055
-9%
2023
$1,055
33%
$46,457
132%
2021
$796
-5%
$20,000
-22%
2022
$841
6%
$25,675
206%
2021
$796
32%
$8,400
-30%
2019
$602
—
$12,000
—
2018
$605
22%
$12,000
5%
2017
$495
13%
$11,467
43%
2016
$437
10%
$8,000
11%
2015
$396
19%
$7,200
9%
2014
$333
29%
$6,580
24%
2013
$258
—
$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 2211 NE 16th Terrace
2211 NE 16th Ter, Cape Coral, FL 33909 (MLS# 2025022965) is a Residential Lots property with a lot size of 0.356 acres. 2211 NE 16th Ter is currently listed for $79,900 and was received on December 02, 2025. Want to learn more about 2211 NE 16th 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.

