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Residential Land for Sale in Cape Coral, Florida
2314 NE 16th Ter, Cape Coral, FL 33909
$62,900
0.24 acres
Active sale
$7k drop
Est $511/moDiscover an exceptional investment opportunity distract allows up to 9 dwelling units in the rapidly growing community of Cape Coral. This rare 2-lots located at 2314 NE 16TH TER & 2318 NE 16TH TER in multi-family zoning offering endless possibilities for developers investors and builders looking to capitalize on Southwest Florida's. *seller is offering ground lease as well. *the 2 lots will be sold together.
Location
- Street address
- 2314 NE 16th Ter
- County
- Lee County
- Zip code
- 33909
- Community
- Cape Coral
- Elevation
- 13 feet
Property details
- Lot size
- 0.244 acres10,629 sq ft
- Zoning
- R3-D
- MLS #
- FMSW 2026023760
- Posted
Property taxes
- 2025
- $1,038
Parcels
- 32-43-24-C3-02221.0070
Legal description
CAPE CORAL UNIT 33 BLK 2221 PB 16 PG 44 LOTS 7 + 8
Details and features
Listing
- Type
- Land
Lot
- View
- City
- Features
- Oversized Lot
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 9, 2026 | Price drop | $62,900 | $7,000 -10% | FMSW |
| June 22, 2026 | Price drop | $69,900 | $102,500 -59.5% | FMSW |
| June 12, 2026 | Price drop | $172,400 | $6,000 -3.4% | FMSW |
| June 2, 2026 | New listing | $178,400 | — | FMSW |
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