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$49,900
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Property Description
ATTENTION INVESTORS & DEVELOPERS! Prime 0.34-acre commercial/professional lot in Cape Coral's Diplomat Corridor, one of the fastest-growing areas in Florida. Excellent location just west of Santa Barbara Blvd with easy access to Diplomat Pkwy & Pine Island Corridor. Zoned Commercial/Professional - ideal for offices, medical, retail, or long-term investment. Lot has paved road access, non-flood zone, and no HOA . Utilities: electric, cable & phone available (water/sewer not yet in place). Strong appreciation potential in a rapidly developing area. Build now or hold for future value!
Full Property Details
Full Property Details for 617 NW 15th Terrace
General
- Price: $49,900
- Taxes: (2024)
- Status: Active
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 2025009229
- Updated: 12/10/2025
- Added to Site: 133 day(s) ago
Additional Information
- Shared Amenities: None, No Subdivision
Location
- Area: CC41 - Cape Coral Unit 37-43, 48, 49
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Travelling on Santa Barbara Blvd N from Pine Island Rd, turn left onto Diplomat Pkwy, turn left onto NW 5th Ave, turn right onto NW 15th Ter, 617 NW 15th Ter is located on the right beside 621 NW 15th Ter.
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: None
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Trash Removal
Structural Information
- Description/Design: Commercial Lot
- Current Bldg. Use: Commercial, Other/See Remarks
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.3444
- Lot Size (Sq. Ft.): 15,002
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 120 x 120 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 120
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: 3 Lots
- Trees/Vegetation: Grassed
- Zoning: MR
- Lot Description: 3 Lots
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $144,889
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 38 BLK 2654B PB 16 PG 97 LOTS 22 THRU 24
- Property ID: 02-44-23-C1-02654.B220
- Section: 2
- Block: 2654B
- Lot Number: 22
Listed by EXP Realty LLC
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Schools
Schools serving 617 NW 15th 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 | 1.8 mi |
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909 | K-5 | 2.3 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 | 1.9 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 2.3 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 | 1.6 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 4.8 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 5 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 617 NW 15th Terrace
Date
Details
Price
Change
Source
9/07/2025
Listed
$49,900
—
MLS
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 617 NW 15th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,075
10%
$45,139
-4%
2024
$980
9%
$46,866
8%
2023
$895
46%
$43,303
280%
2021
$615
-14%
$11,400
-56%
2022
$713
16%
$25,800
115%
2021
$615
16%
$12,000
83%
2018
$528
6%
$6,556
-46%
2017
$497
14%
$12,032
49%
2016
$435
11%
$8,100
14%
2015
$393
20%
$7,100
16%
2014
$328
-39%
$6,100
-15%
2019
$535
112%
$7,212
50%
2013
$252
—
$4,800
—
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 617 NW 15th Terrace
617 NW 15th Ter, Cape Coral, FL 33993 (MLS# 2025009229) is a Commercial Land property with a lot size of 0.3444 acres. 617 NW 15th Ter is currently listed for $49,900 and was received on September 07, 2025. Want to learn more about 617 NW 15th 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.

