566 NE 4th Terrace, Cape Coral, FL 33909 - Photo 1

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$45,000

For Sale
Active
Lots/Land
0.24 Acres

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Property Description

Vacant Land located near the busy street of Pine Island Road. Infrastructure are all done. All tax and assessments are all paid! The land currently zoned as Commercial - in an Opportunity Zone Program. There are residential and commercial around this land. The city of Cape Coral changed the land use from Residential to Commercial as part of an Opportunity Zone Program. The zoning description is below: Opportunity Zones were created by the Tax Credit and Jobs Act of 2017 (OZ-1.0). The program is designed to encourage investors, businesses, developers, financial institutions, and other investors to reinvest capital gains into distressed census tracts to foster job creation. The benefit is deferral, reduction, and potential elimination of taxes on capital gains and not rebates or grants. The One Big Beautiful Bill of 2025 made the program a permanent part of the tax code and further refined the program (OZ-2.0). If you are looking for a tax reduced investment opportunity, this can be a great opportunity for you!

Full Property Details

Full Property Details for 566 NE 4th Ter

General

Price: $45,000
Taxes: $1,866 (2025)
Status: Active
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: A4697311
Updated: 6/19/2026
Added to Site: 24 day(s) ago

Location

Area: 33909 - Cape Coral
County: Lee
Development Name: 33909 - Cape Coral
Subdivision: CAPE CORAL SUB
Driving Directions: From Pine Island Rd, turn north to NE 7th Pl, and left to NE 4th Ter.

Community

Community Name: 33909 - Cape Coral

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

Current Bldg. Use: Commercial

Lot Features

Lot Size (Acres): 0.24
Lot Size (Sq. Ft.): 10,629
Lot Size: 10629
Lot Dimensions: 85 x 125
Street/Road Desc.: Asphalt

Financial Considerations

Price Per Acre: $187,500
Tax Amount: $1,866.38
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: CAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 9 + 10
Flood Zone Info: X
APN: 124423C202378.0090
Property ID: 124423C202378.0090
Block/Lot/Section: 2378

Listed by Dalton Wade Inc

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Schools

Schools serving 566 NE 4th Ter

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	1.8 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	1.9 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	2.8 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.6 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.9 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.8 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.7 mi
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903	K-5	3.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 566 NE 4th Ter Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/16/2026

Listed

$45,000

66.67%

MLS

10/02/2015

Sold

$27,000

—

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 566 NE 4th Ter

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,866

10%

$12,562

-73%

2024

$1,704

-43%

$45,906

2023

$2,996

$43,453

295%

2021

$2,812

-5%

$11,000

-66%

2022

$2,972

$32,100

312%

2021

$2,812

-8%

$7,800

-16%

2019

$3,049

$9,317

10%

2018

$3,025

581%

$8,470

-23%

2017

$444

14%

$10,982

57%

2016

$389

10%

$7,000

2015

$354

—

$6,500

15%

2014

$353

73%

$5,640

28%

2013

$204

—

$4,400

—

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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 566 NE 4th Ter

566 NE 4th Terrace, Cape Coral, FL 33909 (MLS# A4697311) is a Lots/Land property with a lot size of 0.24 acres. 566 NE 4th Terrace is currently listed for $45,000 and was received on June 16, 2026. Want to learn more about 566 NE 4th 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.

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566 NE 4th Ter Cape Coral, FL 33909