Rare opportunity to own two adjoining commercial lots—5 Diplomat Pkwy E and 6 NE 16th Ter—being sold together for the purchase price. These prime properties total approximately 1.46 acres, including the alleyway, and are ideally situated on a high-visibility corner in a busy and rapidly growing area of Cape Coral. Located outside of a flood zone, this combined site offers excellent exposure and accessibility, making it perfect for a wide range of commercial uses such as a convenience store, retail center, restaurant, or service-based business. With limited commercial land available in this part of the city, the location presents strong potential for both immediate development and long-term investment.
Sold for $350,000
$350,000
5 Diplomat PKWY E, CAPE CORAL, FL 33909
--beds
--baths
0.73Acres
Unimproved Land
Built in ----
0.73 Acres Lot
$-- Zestimate®
$--/sqft
$1,773 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,773/mo
Zestimate® history
Owner options
List your home for rent
$1,773/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,773/mo
Rent Zestimate®
Refinance and save
$2,282/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,282/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Excellent exposure and accessibility
Zillow last checked:
Listing updated:
Listed by:
Tania Hamilton 786-519-0381,
Mato Realty, LLC
Bought with:
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
Source: SWFLMLS,MLS#: 225052058
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- Waterfront features: None
Lot
- Size: 0.73 Acres
- Features: Corner Lot, Oversize, See Remarks
Details
- Parcel number: 364323C402475.0430
- Zoning: P1
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Cable Connected, Electricity Connected, Phone Connected
Community & HOA
Community
- Features: No Subdivision
- Subdivision: CAPE CORAL
HOA
- Has HOA: No
Location
- Region: Cape Coral
Financial & listing details
- Tax assessed value: $126,952
- Annual tax amount: $1,798
- Date on market: 6/17/2025
- Lease term: Buyer Finance/Cash
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Sold | $350,000-11.4% |
Source:  SWFLMLS #225052058 Report a problem | ||
| 9/11/2025 | Pending sale | $395,000 |
Source: SWFLMLS #225052058 Report a problem | ||
| 7/15/2025 | Price change | $395,000+72.5% |
Source: SWFLMLS #225052058 Report a problem | ||
| 6/17/2025 | Listed for sale | $229,000-10.2% |
Source: SWFLMLS #225052058 Report a problem | ||
| 6/1/2025 | Listing removed | $255,000 |
Source: SWFLMLS #224087976 Report a problem | ||
| 4/12/2025 | Listed for sale | $255,000-56.8% |
Source: SWFLMLS #224087976 Report a problem | ||
| 3/2/2021 | Listing removed | -- |
Source:  Florida Gulf Coast MLS Report a problem | ||
| 8/7/2020 | Listed for sale | $589,900 |
Source: Cape Realty Inc #220049350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,206 +1.3% | $24,904 +10% |
| 2024 | $9,084 +405.2% | $22,640 +10% |
| 2023 | $1,798 +48.9% | $20,582 +10% |
| 2022 | $1,208 +10.2% | $18,711 +10% |
| 2021 | $1,096 +6.4% | $17,010 +10% |
| 2020 | $1,031 +6.3% | $15,464 -35% |
| 2019 | $969 | $23,804 |
| 2018 | $969 +0.2% | $23,804 |
| 2017 | $967 +8.3% | $23,804 +7.1% |
| 2016 | $893 +10% | $22,217 +75% |
| 2015 | $812 +19.3% | $12,695 |
| 2014 | $681 +21.5% | $12,695 +20.9% |
| 2012 | $561 -4.3% | $10,500 -18.6% |
| 2011 | $585 -21.5% | $12,900 -28.3% |
| 2010 | $746 -12.2% | $18,000 -25% |
| 2009 | $849 -3.4% | $24,000 -38.5% |
| 2008 | $879 -65.5% | $39,000 -71.1% |
| 2007 | $2,551 -35.9% | $135,000 -35.7% |
| 2006 | $3,980 +488.8% | $210,000 +723.5% |
| 2004 | $676 +153.2% | $25,500 +264.3% |
| 2003 | $267 +31.3% | $7,000 +55.6% |
| 2002 | $203 | $4,500 +12.5% |
| 2000 | -- | $4,000 |
Find assessor info on the county website
Neighborhood: 33909
Nearby homes
- $350,0000.73 Acres6 NE 16th Ter, Cape Coral, FL 33909Sold
- $29,21910,628 Square Feet13 Diplomat Pkwy E, Cape Coral, FL 33909Off Market
- $29,21910,624 Square Feet14 NE 16th Ter, Cape Coral, FL 33909Off Market
- $29,21910,628 Square Feet6 Diplomat Pkwy E, Cape Coral, FL 33909Off Market
- $29,21910,628 Square Feet10 Diplomat Pkwy E, Cape Coral, FL 33909Off Market
- $28,85010,497 Square Feet2 Diplomat Pkwy E, Cape Coral, FL 33909Off Market
- $--10,454 Square Feet26 Diplomat Pkwy E #E, Cape Coral, FL 33909Off Market
- $30,0000.473 Acres19 Diplomat Pkwy E, Cape Coral, FL 33909Sold
Nearby schools
GreatSchools rating
- 8/10Diplomat Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Diplomat Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Mariner High SchoolGrades: 9-12Distance: 2.3 mi
- Florida
- Lee County
- Cape Coral
- 33909
- 5 Diplomat PKWY E
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cape Coral Topics
