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$350,000
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Property Description
Rare opportunity to own two adjoining commercial lots-5 Diplomat Pkwy E and 6 NE 16th Ter-being sold together for the purchase price. These prime properties total approximately 1.46 acres, including the alleyway, and are ideally situated on a high-visibility corner in a busy and rapidly growing area of Cape Coral. Located outside of a flood zone, this combined site offers excellent exposure and accessibility, making it perfect for a wide range of commercial uses such as a convenience store, retail center, restaurant, or service-based business. With limited commercial land available in this part of the city, the location presents strong potential for both immediate development and long-term investment.
Full Property Details
Full Property Details for 6 NE 16th Terrace
General
- Sold For: $350,000
- Taxes: (2023)
- Status: Closed
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 225052059
- Added to Site: 260 day(s) ago
Additional Information
- Shared Amenities: No Subdivision
Location
- Area: CC31 - Cape Coral Unit 17, 31-36,
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: North
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Trash Removal
Structural Information
- Description/Design: Commercial Lot
- Current Bldg. Use: Commercial
Lot Features
- Property View: Partial Buildings
- Lot Size (Acres): 0.73
- Lot Size (Sq. Ft.): 31,798
- Lot Size Source: Property Appraiser Office
- Frontage: Public Road
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: None
- Lot Features: Corner Lot, Oversize
- Potential Use: See Remarks, Professional
- Zoning: P1
- Lot Description: Corner Lot, Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $479,452
- Tax Year: 2023
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 36 PT.1 BLK.2475 PB 23 PG 88 LOTS 1 THRU 6
- Property ID: 36-43-23-C4-02475.0010
- Section: 36
- Block: 2475
- Lot Number: 1
Listed by Mato Realty, LLC
Sold by FGC Non-MLS Office
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Schools
Schools serving 6 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 | 1.5 mi |
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 1.8 mi |
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 3.5 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 1.5 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 2.5 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 3.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 2.3 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 4.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 4.3 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 6 NE 16th Terrace
Date
Details
Price
Change
Source
2/10/2026
Sold
$350,000
-11.39%
MLS
7/15/2025
Price Increased
$395,000
72.49%
MLS
6/17/2025
Listed
$229,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6 NE 16th Ter, Cape Coral, FL 33909 (MLS# 225052059) is a Commercial Land property that was sold at $350,000 on February 10, 2026. Want to learn more about 6 NE 16th Ter? Do you have questions about finding other Commercial 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.

