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2314 NE 16th Ter., Cape Coral, FL 33909
$75,000
2314 NE 16th Ter., Cape Coral, FL 33909View this property at 2314 NE 16th Ter., Cape Coral, FL 33909
2314 NE 16th Ter.Cape CoralFL33909
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Property Description
Cape Coral Prime Vacant Land in high demand, Zoned Multifamily R-3, Incredible investment opportunity. Multifamily properties are in high demand, making this parcel an exceptional investment opportunity. Zoned multifamily R-3, offers immense potential for builders, developers, or someone looking to build their first multifamily rental units. This vacant land provides the ideal canvas for constructing your multifamily residential project. Take advantage of the rising demand for rental properties or capitalize on the increasing desire for affordable housing options. High-Demand Location, situated in a very sought-after neighborhood.
Full Property Details
Full Property Details for 2314 NE 16th Terrace
General
- Sold For: $75,000
- Taxes: $591 (2022)
- Status: Closed
- Type: Land Residential
- MLS ID: A11465405
- Added to Site: 228 day(s) ago
Location
- Area: Cape Coral
- County: Lee County
- Subdivision: Cape Coral
- Building Name: Cape Coral
- Driving Directions: Del Prado to East on Diplomat, left on NE 23rd Ave, right on NE 16th Ter to #2314 on right side.
- Direction Faces: South
Community
- Community Name: Cape Coral
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Zoned Duplex, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.25
- Lot Features: No Misc/Improvements
- Development Status: Recorded Plat
- Potential Use: Unknown/Withheld
- Trees/Vegetation: No Trees
Financial Considerations
- Tax Amount: $591
- Tax Year: 2022
- Terms: All Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: Cape Coral Unit 33 Blk.2221 Pb 16 Pg 44 Lots 7 + 8
- Property ID: 243243C3022210070
Listed and Sold by Core RE Advisers LLC
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Schools
Schools serving 2314 NE 16th Terrace
School District:Lee County School District
Rating | Name | Grades | Distance |
---|---|---|---|
700 Hutto Rd, N Ft Myers, FL 33903 | PK-5 | 1.1 mi | |
5145 Orange Grove Blvd, N Ft Myers, FL 33903 | PK-5 | 1.4 mi | |
1115 Ne 16th Ter, Cape Coral, FL 33909 | K-5 | 1.4 mi | |
1039 Ne 16th Ter, Cape Coral, FL 33909 | 6-8 | 1.5 mi | |
610 Del Prado Blvd S, Cape Coral, FL 33990 | 6-8 | 2.9 mi | |
425 Chiquita Blvd N, Cape Coral, FL 33993 | 6-8 | 5.2 mi | |
5000 Orange Grove Blvd, N Ft Myers, FL 33903 | 9-12 | 1.6 mi | |
2125 De Navarra Pkwy, Cape Coral, FL 33909 | 9-12 | 3 mi | |
701 Chiquita Blvd N, Cape Coral, FL 33993 | 9-12 | 5.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2314 NE 16th Terrace
Date
Details
Price
Change
Source
1/19/2024
Sold
$75,000
-6.25%
MLS
10/16/2023
Price Reduced
$80,000
-15.79%
MLS
10/06/2023
Listed
$95,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2314 NE 16th Ter., Cape Coral, FL 33909 (MLS# A11465405) is a Land Residential property that was sold at $75,000 on January 19, 2024. Want to learn more about 2314 NE 16th Ter.? Do you have questions about finding other Land Residential 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.