Discover an incredible opportunity with this 5.19-acre parcel, the least expensive 5-acre commercial lot available in all of Cape Coral! Perfectly situated in a highly desirable location, this property is zoned Market Place Residential, offering immense potential for investors and land developers. The "Market Place Residential District" fosters a dynamic, pedestrian-friendly blend of neighborhood retail, offices, services, and residential spaces. Perfect for creating a community hub with residential, retail, or mixed-use developments. This is a rare chance to secure a sizable parcel at an unbeatable price. Don’t miss out on this exceptional investment opportunity—inquire today! *Environmental Report & Survey Available Upon Request*
Active
$1,749,900
1626 NW 2nd Ave, Cape Coral, FL 33993
--beds
--baths
5.18Acres
Unimproved Land
Built in ----
5.18 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Sizable parcelPedestrian-friendly blend
- 321 days |
- 21 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Ellison Espinal 239-699-1974,
Sposen Realty & Development
Source: Florida Gulf Coast MLS,MLS#: 2025012849
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Landscaped
- Waterfront features: None
Lot
- Size: 5.18 Acres
- Dimensions: 400 x 565 x 400 x 565
- Features: Oversized Lot
Details
- Parcel number: 354323C302708.00A0
- Lease amount: $0
- Zoning description: MR
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available, Sewer Not Available, Water Not Available
Community & HOA
Community
- Features: Non-Gated
- 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: $225,597
- Annual tax amount: $8,345
- Date on market: 9/30/2025
- Cumulative days on market: 225 days
- Listing terms: All Financing Considered,Cash
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Price change | $1,749,9000% |
Source:  Florida Gulf Coast MLS #2025012849 Report a problem | ||
| 9/30/2025 | Listed for sale | $1,750,000+1066.7% |
Source: Florida Gulf Coast MLS #2025012849 Report a problem | ||
| 4/16/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/19/2022 | Listed for sale | $150,000-9.1% |
Source: Owner Report a problem | ||
| 6/29/2017 | Sold | $165,000-17.5% |
Source: Florida Gulf Coast MLS #214067900 Report a problem | ||
| 4/17/2017 | Pending sale | $200,000 |
Source: CENTURY 21 Selling Paradise #214067900 Report a problem | ||
| 3/18/2016 | Listed for sale | $200,000-63.6% |
Source: CENTURY 21 Selling Paradise #214067900 Report a problem | ||
| 12/9/2015 | Listing removed | $550,000 |
Source: CENTURY 21 Selling Paradise #214067900 Report a problem | ||
| 9/22/2015 | Price change | $550,000-8.3% |
Source: CENTURY 21 Selling Paradise #214067900 Report a problem | ||
| 7/2/2015 | Price change | $600,000-9.1% |
Source: American Brokers Realty Group #214067900 Report a problem | ||
| 5/12/2015 | Price change | $660,000-8.3% |
Source: American Brokers Realty Group #214067900 Report a problem | ||
| 12/11/2014 | Listed for sale | $720,000 |
Source: American Brokers Realty Group #214067900 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,907 +6.7% | $196,760 +10% |
| 2024 | $8,346 +6.8% | $178,873 +10% |
| 2023 | $7,818 +9.6% | $162,612 +10% |
| 2022 | $7,136 +3.9% | $147,829 +10% |
| 2021 | $6,869 +6.8% | $134,390 +10% |
| 2020 | $6,432 +11.3% | $122,173 +10% |
| 2019 | $5,780 | $111,066 |
| 2018 | $5,780 -2.5% | $111,066 +4.9% |
| 2017 | $5,926 +9.2% | $105,876 |
| 2016 | $5,427 +8.2% | $105,876 +3.8% |
| 2015 | $5,018 +8.1% | $101,999 |
| 2014 | $4,642 -0.1% | $101,999 -5.2% |
| 2013 | $4,648 +2.4% | $107,609 +5.5% |
| 2012 | $4,540 +4.1% | $101,999 |
| 2011 | $4,362 -2% | $101,999 +9.2% |
| 2010 | $4,452 -33.7% | $93,420 -55% |
| 2009 | $6,716 -28.2% | $207,600 -54.8% |
| 2008 | $9,349 -0.9% | $459,320 |
| 2007 | $9,435 -2.9% | $459,320 |
| 2006 | $9,715 +212.7% | $459,320 +353.8% |
| 2004 | $3,107 +138.8% | $101,210 +333.3% |
| 2003 | $1,301 +5.1% | $23,360 |
| 2002 | $1,238 | $23,360 |
| 2000 | -- | $23,360 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33993
Nearby schools
GreatSchools rating
- 3/10Hector A. Cafferata Jr Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Diplomat Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Mariner High SchoolGrades: 9-12Distance: 2.1 mi
- $30,564-- bd-- ba-- sqft1617 NW 2nd Ave, Cape Coral, FL 33993Off Market
- $357,4900.25 acres1701 NW 2nd Pl, Cape Coral, FL 33993Sold
- $272,4004 bd2 ba1.7k sqft1700 NW 2nd Pl, Cape Coral, FL 33993Off Market
- $32,298-- bd-- ba-- sqft212 NW 16th Ter, Cape Coral, FL 33993Off Market
- $4,60010,018 sqft212 NW 16th Ter, Cape Coral, FL 33993Off Market
- $16,150-- bd-- ba-- sqft210 NW 16th Ter, Cape Coral, FL 33993Off Market
- $32,300-- bd-- ba-- sqft216 NW 16th Ter, Cape Coral, FL 33993Off Market
- $41,9900.36 acres222 NW 16th Ter, Cape Coral, FL 33993Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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