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  • Price cut: $4.5K (7/12)
    $22,500

    1406 NW 8th Ter, Cape Coral, FL 33993

    --beds
    --baths
    10,018Square Feet
    Unimproved Land
    Built in ----
    10,018 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Commercial professional lot
    Affordable Commercial Professional Lot (Zone CP) in NW Cape Floorplan for commercial building attached in documents. This build out for $825,000. Reach out for more information. Discover the perfect location for your business in this highly desirable commercial professional lot, situated in the bustling NW Cape area. This prime 0.23-acre vacant lot offers easy access to shopping, restaurants, schools, and the NW Cape Library, making it an ideal spot for your professional offices or retail services. Strategically located, this lot is just a short distance from Fort Myers and Punta Gorda Airport, providing convenience for both you and your clients. The area is experiencing significant growth and activity, making it a great investment opportunity. With city water, sewer, and irrigation already in place, you can start building your dream business right away. The upcoming Coral Grove Outdoor Town Center, just a short drive away, promises to bring even more development in housing, dining, and shopping to the area. Highly desirable area with significant growth and activity Ideal for professional offices or retail services. Unlock the potential of this prime commercial lot and make it yours today. Start dreaming and building your ideal business in this vibrant and rapidly expanding community! Assessment balance is approximatly $8,770.
    337 days
    |
    97
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Sawyer 239-292-2479,

    Realty One Group MVP

    Source: Florida Gulf Coast MLS,MLS#: 2025007908MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Partial Buildings
      • Waterfront features: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 80 x 125 x 80 x 125
      • Features: Rectangular Lot
      Details
      • Parcel number: 034423C402842.0270
      • Lease amount: $0
      • Zoning description: P1

      Utilities & green energy

      • Sewer: Assessment Unpaid
      • Water: Assessment Unpaid
      • Utilities for property: None

      Community & HOA

      Community
      • Features: Boat Facilities, None
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: CAPE CORAL
      HOA
      • Services included: None
      Location
      • Region: Cape Coral

      Financial & listing details

      • Tax assessed value: $27,500
      • Annual tax amount: $1,566
      • Date on market: 8/28/2025
      • Cumulative days on market: 536 days
      • Listing terms: All Financing Considered,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/12/2026Price change$22,500-16.7%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        5/14/2026Price change$27,000-3.6%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        4/28/2026Price change$28,000-3.4%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        3/4/2026Price change$29,000-12.1%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        2/24/2026Price change$33,000-5.7%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        2/11/2026Price change$35,000-22.2%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        11/4/2025Price change$45,000-6.3%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        8/28/2025Listed for sale$48,000+37.1%
        Source: Florida Gulf Coast MLS #2025007908 Report a problem
        8/21/2025Listing removed$35,000
        Source: Florida Gulf Coast MLS #225013622 Report a problem
        4/17/2025Listed for sale$35,000+6.1%
        Source: SWFLMLS #225013622 Report a problem
        3/5/2024Sold$33,000+127.6%
        Source: Florida Gulf Coast MLS #224006302 Report a problem
        7/19/2021Sold$14,500
        Source: Florida Gulf Coast MLS #219066000 Report a problem
        7/2/2021Pending sale$14,500
        Source: Florida Gulf Coast MLS #219066000 Report a problem
        3/13/2020Price change$14,500-9.4%
        Source: Experience Real Estate Group #219066000 Report a problem
        2/17/2020Price change$16,000-11.1%
        Source: Experience Real Estate Group #219066000 Report a problem
        1/21/2020Price change$18,000-5.3%
        Source: Experience Real Estate Group #219066000 Report a problem
        4/22/2019Listed for sale$19,000+111.1%
        Source: SWFL Realty Group #215052688 Report a problem
        12/16/2008Sold$9,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,805 +15.2%$27,500 +127.3%
        2024$1,567 -45.1%$12,100 +10%
        2023$2,853 +1.9%$11,000 +10%
        2022$2,799 +3.3%$10,000 +86.6%
        2021$2,708 -7.3%$5,360 +10%
        2020$2,923 +0.7%$4,873 -51.3%
        2019$2,903 $10,000
        2018$2,903 +0.3%$10,000 -7.7%
        2017$2,895 +640.2%$10,833 +8.3%
        2016$391 +7.8%$10,000 +150%
        2015$363 +23.6%$4,000
        2014$293 +61%$4,000 +14.3%
        2012$182 -3.5%$3,500 -16.7%
        2011$189 -22%$4,200 -31.1%
        2010$242 -11.8%$6,100 -23.8%
        2009$275 -15.4%$8,000 -46.7%
        2008$325 -58.3%$15,000 -63.4%
        2007$778 -42%$41,000 -42.3%
        2006$1,342 +426%$71,000 +610%
        2004$255 +91.6%$10,000 +127.8%
        2003$133 +61.4%$4,390 +99.5%
        2002$83 $2,200 +56%
        2000-- $1,410
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33993

        Getting around

        14 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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