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$27,500 Just Listed
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Property Description
Motivated Seller! Prime Commercial Professional Lot in NE Cape Coral with great potential. Ideal for professional office space, specialty retail, medical uses, or a local service-based business aiming to serve the rapidly expanding customer base. Massive commercial, retail, and mixed-use expansion currently transforming the nearby Pine Island corridor including the surrounding intersection. This parcel offers fantastic visibility, effortless access to North Fort Myers and Fort Myers, and immense long-term upside. Won't last long!
Full Property Details
Full Property Details for 623 NE 15th Terrace
General
- Price: $27,500
- Taxes: (2025)
- Status: Active
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 226021440
- Updated: 5/31/2026
- Added to Site: 3 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
- Driving Directions: Take Pine Island Road North to Andalusia Blvd. Turn Left on Andalusia Blvd, then turn Left onto NE 13th Terr. Make a right turn onto NE 17th PL. NE 17th PL becomes NE 15th Terr. Property is on your right.
- Direction Faces: South
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Electricity Available
Structural Information
- Description/Design: Commercial Lot
- Current Bldg. Use: Commercial
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.266
- Lot Size (Sq. Ft.): 11,586
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 145 x 145
- Frontage: Public Road
- Frontage Feet: 80
- Irrigation System: None
- Lot Features: See Remarks
- Zoning: P
- Lot Description: See Remarks
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $103,383
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 36 PT 1 BLK 2100 PB 23 PG 90 LOTS 85 + 86
- Property ID: 01-44-23-C2-02100.0850
- Section: 1
- Block: 2100
- Lot Number: 85
Listed by Builders Land Associates
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Schools
Schools serving 623 NE 15th 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 | 0.7 mi |
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903 | K-5 | 2.9 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 2.9 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 0.6 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 2.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 3.4 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 3.7 mi |
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990 | K-5 | 3 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 623 NE 15th Terrace
Date
Details
Price
Change
Source
5/31/2026
Listed
$27,500
708.82%
MLS
2/01/2024
Sold
$3,400
—
Public Record
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 623 NE 15th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,034
6%
$31,900
—
2024
$4,744
545%
$31,900
10%
2023
$736
32%
$29,000
150%
2022
$556
7%
$11,600
43%
2021
$519
7%
$8,120
-7%
2019
$484
11%
$8,700
86%
2018
$435
8%
$4,671
-46%
2017
$403
8%
$8,700
7%
2016
$372
17%
$8,120
75%
2015
$318
21%
$4,640
—
2014
$263
43%
$4,640
60%
2013
$184
—
$2,900
—
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 623 NE 15th Terrace
623 NE 15th Ter, Cape Coral, FL 33909 (MLS# 226021440) is a Commercial Land property with a lot size of 0.266 acres. 623 NE 15th Ter is currently listed for $27,500 and was received on May 31, 2026. Want to learn more about 623 NE 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.

