Cape Coral, FL 33909 1631 NE 16 Ter
$85,000
Presented By: This listing is courtesy of Home Wiz USA;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Home Details
Prime vacant land in Cape Coral with RML zoning, ideal for Residential Multi-Family use, offers a lucrative investment opportunity due to high demand for multifamily properties. The zoning allows for significant potential for builders and developers to establish multifamily rental units. The undeveloped land is an optimal foundation for your multifamily residential project, located in a high-demand area within a sought-after neighborhood. Utility connections are set to begin within two months, expected to substantially increase lot values. Duplex lots in the area are already valued above $100,000.00. Seize this opportunity in a rapidly growing market.
Presented By: This listing is courtesy of Home Wiz USA;
Interior Features for 1631 NE 16 Ter
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 1631 NE 16 Ter
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesNotApplicable
Carport Y/NNo
CityCape Coral
CountyLee County
Days on Market1
Development StatusRawLand
Facing DirectionEast
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCAPE CORAL UNIT 33 BLK 2207 PB 16 PG 41 LOTS 43 + 44
Listing TermsCash, Other
Lot Size UnitsSquareFeet
MLS Area5940 Florida Other
MLS Area MinorOther Geographic Area (Out Of Area Only)
MobileHomeRemainsYNNo
New ConstructionNo
PossessionCloseOfEscrow
PostalCityCape Coral
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalOther
Property SubTypeOther
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameCAPE CORAL
Tax Annual Amount771.0
Tax Year2023
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Zoning DescriptionZoning: RML
Exterior for 1631 NE 16 Ter
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2296
Number of Lots1
Open Parking Y/NNo
SpaNo
Additional Details
Price History
