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2314 NE 16th Ter. Cape Coral, FL 33909
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Key Details
Sold Price $75,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID A11465405
Sold Date 01/19/24
HOA Y/N No
Annual Tax Amount $591
Tax Year 2022
Contingent No Contingencies
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Residential
Property Description
Cape Coral Prime Vacant Land in high demand, Zoned Multifamily R-3, Incredible investment opportunity. Multifamily properties are in high demand, making this parcel an exceptional investment opportunity. Zoned multifamily R-3, offers immense potential for builders, developers, or someone looking to build their first multifamily rental units. This vacant land provides the ideal canvas for constructing your multifamily residential project. Take advantage of the rising demand for rental properties or capitalize on the increasing desire for affordable housing options. High-Demand Location, situated in a very sought-after neighborhood.
Location
State FL
County Lee County
Community Cape Coral
Area 5940 Florida Other
Direction Del Prado to East on Diplomat, left on NE 23rd Ave, right on NE 16th Ter to #2314 on right side.
Exterior
Private Pool Yes
Building
Faces South
Others
Tax ID 243243C3022210070
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Core RE Advisers LLC