510 NW 16th Ter, Cape Coral, FL 33993 - Photo 1

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$149,900

For Sale
Active
Residential Lots
0.23 Acres

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Property Description

Rare Opportunity - 3 Adjacent Lots in NW Cape Coral! Seize this incredible chance to own three contiguous parcels being sold together, offering a combined total of 0.70 acres of prime land in the highly desirable Northwest Cape Coral/ Diplomat area. Situated just off Diplomat Parkway, these lots are perfectly positioned in one of the city's fastest-growing regions - surrounded by beautiful new homes, future development, and promising infrastructure expansion. Whether you're an investor, developer, or future homeowner, this is an ideal opportunity to secure a large, versatile piece of property in a rapidly appreciating market. This location offers quick access to major roadways, schools, golf courses, parks, and shopping. This is zoned residential but is also part of the Future Commercial Corridor with endless possibilities. There are no HOA fees or deed restrictions, giving you freedom and flexibility in your plans. Don't miss out on this unique opportunity to invest in one of Cape Coral's most promising and peaceful areas. Large, connected parcels like this are hard to find - act now to secure your place in this rapidly growing part of Southwest Florida

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Full Property Details

Full Property Details for 510 NW 16th Terrace

General

Price: $149,900
Taxes: (2024)
Status: Active
Type: Residential Lots
Source: Bonita_Springs
MLS ID: 2025013096
Updated: 10/2/2025
Added to Site: 108 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

Area: CC41 - Cape Coral Unit 37-43, 48, 49
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: There are 3 parcels each with individual PIDS, please verify zoning as this is third party information.
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: None
Water: None
Utility Description: Other

Structural Information

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

Lot Features

Property View: Landscaped Area
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Property Appraiser Office
Lot Dimensions: 240 x 240 x 125 x 125
Frontage: Public Road
Frontage Feet: 240
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: Oversize, See Remarks
Zoning: MR
Lot Description: Oversize, See Remarks

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $651,739
Tax Year: 2024
Terms: Buyer Finance/Cash

Disclosures and Reports

Multiple Parcels: Yes
Legal Description: CAPE CORAL UNIT 39 BLK 2714B PB 16 PG 143 LOTS 27 + 28
Property ID: 35-43-23-C4-02714.B270
Section: 35
Block: 2714B
Lot Number: 27

Listed by Re/Max Sunshine

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Schools

Schools serving 510 NW 16th 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	1.9 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	2.2 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	3.9 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	2 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	2.2 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	3.7 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	1.7 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	4.6 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	4.9 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 510 NW 16th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/02/2025

Listed

$149,900

1031.32%

MLS

12/16/2015

Sold

$13,250

—

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 510 NW 16th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$304

-62%

$32,300

2024

$799

$32,138

-10%

2023

$759

49%

$35,782

298%

2021

$511

-11%

$9,000

-50%

2022

$577

13%

$17,899

95%

2021

$511

$9,200

2019

$480

$9,051

10%

2018

$469

$8,228

-24%

2017

$438

14%

$10,821

59%

2016

$383

16%

$6,800

2015

$331

23%

$6,300

12%

2014

$270

41%

$5,640

45%

2013

$191

—

$3,900

—

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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 510 NW 16th Terrace

510 NW 16th Ter, Cape Coral, FL 33993 (MLS# 2025013096) is a Residential Lots property with a lot size of 0.23 acres. 510 NW 16th Ter is currently listed for $149,900 and was received on October 02, 2025. Want to learn more about 510 NW 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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510 NW 16th Terrace Cape Coral, FL 33993