504 NE 16th Ter, Cape Coral, FL 33909 - Photo 1

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$42,000

For Sale
Active
Residential Lots
0.23 Acres

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Property Description

Situated in the heart of Cape Coral, this lot measures 80 by 125 feet. Cape Coral is a perfect location to raise a family in the state. It's also one of the most reasonable places to buy land in Florida and one of the best destinations for a new construction home. Cape Coral is located next to Fort Myers. It's considered as one of the fast-growing places in the states. Fun fact is that the violent crime percentage is lower than the national level, which makes it one of the safest places to live in the region.

Full Property Details

Full Property Details for 504 NE 16th Terrace

General

Price: $42,000
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 225067843
Updated: 11/13/2025
Added to Site: 149 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: Head to a main northâ€“south artery like Del?Prado Boulevard. Drive north on Del?Prado until you reach NE 6th Street, then turn east onto NE?6th?Street. From NE?6th?Street, turn south onto NE?16th Place,
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: None
Water: None
Utility Description: Electricity Available

Structural Information

Description/Design: Residential Lot
Current Bldg. Use: Single Family

Lot Features

Property View: City
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 125 x 125
Frontage: Public Road
Frontage Feet: 80
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: Regular
Zoning: RD-D
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $182,608
Tax Year: 2024
Terms: Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 36 PT 1 BLK 2477 PB 23 PG 90 LOTS 24 + 25
Property ID: 36-43-23-C3-02477.0240
Section: 36
Block: 2477
Lot Number: 24

Listed by Udi Llc

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Schools

Schools serving 504 NE 16th 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
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993	K-5	2 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	3.1 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	0.8 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	3 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	3.1 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.9 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.6 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	3.7 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 504 NE 16th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/13/2025

Price Reduced

$42,000

-6.67%

MLS

8/21/2025

Listed

$45,000

21.62%

MLS

8/15/2025

Sold

$37,000

—

Public Record

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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 504 NE 16th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$305

-61%

$34,723

14%

2024

$775

15%

$30,458

36%

2023

$675

36%

$22,422

167%

2021

$497

-10%

$8,400

-46%

2022

$554

11%

$15,574

108%

2021

$497

12%

$7,500

21%

2018

$444

$6,202

-40%

2017

$412

$10,255

2016

$381

-16%

$9,500

39%

2019

$453

35%

$6,822

-1%

2015

$335

$6,900

33%

2014

$329

70%

$5,170

23%

2013

$193

—

$4,200

—

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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 504 NE 16th Terrace

504 NE 16th Ter, Cape Coral, FL 33909 (MLS# 225067843) is a Residential Lots property with a lot size of 0.23 acres. 504 NE 16th Ter is currently listed for $42,000 and was received on August 21, 2025. Want to learn more about 504 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.

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504 NE 16th Terrace Cape Coral, FL 33909