This prime vacant commercial lot offers an exceptional development opportunity in a high-visibility, high-growth area of Cape Coral. Water and sewer is currently being installed along the corridor, reducing future site-prep hurdles and unlocking immediate long-term value. Benefit from Cape Coral’s exploding population growth and robust local economy, creating constant demand for modern commercial services and retail offerings. Located in a growing neighborhood surrounded by new construction, the lot provides easy access to shopping, dining, schools, parks, and major roadways. Take advantage of Cape Coral’s continued growth and secure this desirable homesite today! Buyers should verify zoning, building requirements, utility availability, and any applicable assessments with the City of Cape Coral.
Active
$49,900
1627 NE 23rd Ter, Cape Coral, FL 33909
--beds
--baths
0.34Acres
Unimproved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime vacant commercial lot
- 24 days |
- 116 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
John Fricano 813-857-4623,
CapeCoralLots.com,
Janelle Fricano 239-284-9497,
CapeCoralLots.com
Source: Florida Gulf Coast MLS,MLS#: 2026031288
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Video & virtual tour
Property
Features
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Dimensions: 120 x 125 x 120 x 125
- Features: Multiple lots
Details
- Parcel number: 324324C102178.0280
- Lease amount: $0
- Zoning description: Commercial
Utilities & green energy
- Sewer: Assessment Unpaid
- Water: Assessment Unpaid
- Utilities for property: None
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: $37,791
- Annual tax amount: $1,025
- Date on market: 7/22/2026
- Cumulative days on market: 24 days
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $49,900-0.2% |
Source: | ||
| 5/1/2026 | Listing removed | $50,000 |
Source: | ||
| 2/24/2026 | Listed for sale | $50,000 |
Source: | ||
| 12/12/2025 | Pending sale | $50,000 |
Source: | ||
| 11/10/2025 | Listed for sale | $50,000 |
Source: | ||
| 11/3/2025 | Pending sale | $50,000 |
Source: | ||
| 10/31/2025 | Listed for sale | $50,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,026 +9% | $12,777 +10% |
| 2024 | $942 +14.1% | $11,615 +10% |
| 2023 | $825 +24.6% | $10,559 +10% |
| 2022 | $662 +10.8% | $9,599 +10% |
| 2021 | $598 +7.2% | $8,726 +10% |
| 2020 | $557 +2.7% | $7,933 -33.9% |
| 2019 | $543 | $12,000 |
| 2018 | $543 +1.2% | $12,000 +5.4% |
| 2017 | $536 +8.9% | $11,386 +42.3% |
| 2016 | $492 +13.2% | $8,000 +11.1% |
| 2015 | $435 +10.5% | $7,200 +9.4% |
| 2014 | $393 +18.8% | $6,580 +24.2% |
| 2013 | $331 +39.6% | $5,300 +43.2% |
| 2012 | $237 -4.2% | $3,700 -22.9% |
| 2011 | $248 -22.2% | $4,800 -31.4% |
| 2010 | $319 -9.1% | $7,000 -22.2% |
| 2009 | $351 -1.2% | $9,000 -40% |
| 2008 | $355 -63.2% | $15,000 -70% |
| 2007 | $965 -37.5% | $50,000 -37.9% |
| 2006 | $1,542 +384.1% | $80,500 +566.9% |
| 2004 | $319 +76% | $12,070 +107% |
| 2003 | $181 +49.8% | $5,830 +79.4% |
| 2002 | $121 | $3,250 |
| 2000 | -- | $3,250 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33909
Nearby schools
GreatSchools rating
- 8/10Diplomat Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Diplomat Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Island Coast High SchoolGrades: 9-12Distance: 2.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.







