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$369,900
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Property Description
This sale includes property address #916 (appox. quarter acre) and #922 (approx. half acre) SE 8th Terrace. A rare opportunity to own +/- 240 feet of road frontage, zoned Professional (P) with future land use Commercial Professional (CP). All city utility assessments paid in full. This is 2 parcels being sold together for a total of 6 lots. On the outer edge of Cape Coral Industrial Park with great access to Del Prado Blvd. This zoning allows for multiple uses. Multi Family buildings on North side of same street--maybe rezoning to multi family is possible? Tax amount shown is total amount paid for both parcels.
Full Property Details
Full Property Details for 916 SE 8th Terrace
General
- Price: $369,900
- Taxes: (2024)
- Status: Active
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 2025012727
- Updated: 12/10/2025
- Added to Site: 109 day(s) ago
Additional Information
- Shared Amenities: Non-Gated
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Del Prado go WEST on Viscaya Pkwy, right on SE 10th Ct, left on SE 8th Ter & vacant lots on left OR from Cultural Park Blvd turn EAST on SE 9th St, take first left on SE 8th Pl, first right on SE 8th Ter & #916 & #922 SE 8th Ter will be on the right side
- Direction Faces: North
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Utility Description: None
Structural Information
- Description/Design: Commercial Lot
- Current Bldg. Use: Commercial, Other/See Remarks, Single Family
Lot Features
- Property View: Landscaped Area, Partial Buildings
- Lot Size (Acres): 0.688
- Lot Size (Sq. Ft.): 29,969
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 240 x 240 x 125 x 125
- Frontage Feet: 240
- Street/Road Desc.: Paved
- Irrigation System: Assessment Paid, Central
- Lot Features: Oversize, See Remarks
- Potential Use: See Remarks
- Zoning: P1-D
- Lot Description: Oversize, See Remarks
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $537,645
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 22 BLK.805 PB 14 PG 14 LOTS 17 thru 22
- Property ID: 19-44-24-C1-00805.0170
- Section: 19
- Block: 805
- Lot Number: 17 - 22
Listed by Florida Premier Real Estate
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Schools
Schools serving 916 SE 8th Terrace
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 | 0.9 mi |
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 1.9 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 2.4 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 0.9 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 2.3 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.4 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.4 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 3.3 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 3.7 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 916 SE 8th Terrace
Date
Details
Price
Change
Source
10/01/2025
Listed
$369,900
1955%
MLS
7/24/2015
Sold
$18,000
—
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 916 SE 8th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$741
-37%
$80,000
45%
2024
$1,168
11%
$55,000
—
2023
$1,057
7%
$55,000
-8%
2021
$992
—
$60,000
—
2022
$989
—
$60,000
100%
2021
$992
51%
$30,000
86%
2018
$657
16%
$16,165
10%
2017
$568
-13%
$14,695
-27%
2016
$651
-9%
$20,000
12%
2019
$719
64%
$17,782
78%
2015
$439
9%
$10,000
-20%
2014
$403
33%
$12,500
47%
2013
$302
—
$8,500
—
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 916 SE 8th Terrace
916 SE 8th Ter, Cape Coral, FL 33990 (MLS# 2025012727) is a Commercial Land property with a lot size of 0.688 acres. 916 SE 8th Ter is currently listed for $369,900 and was received on October 01, 2025. Want to learn more about 916 SE 8th 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.

