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Residential Land for Sale in Cape Coral, Florida

408 SE 16th Ter, Cape Coral, FL 33990

$119,900
0.4 acres
pending
Under contract

VERY RARE FIND IN HISTORY- OWN A LARGE 3 LOT SITE OF WATERFRONT LAND - ZONED RW-1 WITH REAR SOUTH EXPOSURE!!! In the City of Cape Coral, the R1 zoning district is for Single-Family Residential use, designated to protect and promote low-density, single-family home development. THE LAST SALE ON THIS PROPERTY WAS WITH GULF AMERICAN CORP in 1967 SELLING THE FLORIDA WATERFRONT DREAM! Located off Santa Barbara Blvd at 408 SE 16TH TER CAPE CORAL FL 33990, this Three Lot Single Family Home Building Site is on the Freshwater Dominica Canal, appx 120 feet wide canal, CAPE CORAL UNIT 26 BLK 891 PB 14 PG 147 LOTS 66 67 + 68 - City Water and Sewer on the street, the City of Cape Coral utility shows no loan assessments due on this property, a TREMENDOUS savings!! Enjoy boating, canoeing and kayaking. Great location, close to all shopping, Target, Lowes, Publix, retail and medical services and schools. Located South of Nicholas and North of Veteran's Pky, fast commute to Ft Myers. This property shows to be in FEMA Zone X, outside of special flood area, and where you will find many lenders do not require flood. Exceptionally DEEP lot, appx 146 ft deep and 120 ft WIDE, many standard lots in Cape Coral are only 2 lot sites 80'W x125'D, but this 3 LOT SITE is very suitable for a large home for a 3 or 4 car garage, appx 17,399.97 SF. Don't miss the opportunity, best price out there for a 3 LOT SITE to build your BIG DREAM HOUSE! Inquire today for more details.

Location

Street address
408 SE 16th Ter
Community
Cape Coral
Elevation
10 feet
Coordinates
26.6219, -81.9662

Directions

Take Santa Barbara Blvd to 408 SE 16th Ter

Property details

Lot size
0.399 acres17,380 sq ft
MLS #
FMSW 225057786
Posted

Property taxes

2024
$1,768 - CAPE CORAL UNIT 26 BLK 891 PB 14 PG 147 LOTS 66 67 + 68

Parcels

  • 25-44-23-C1-00891.0660

Legal description

Details and features

Listing

Type
Land
Franchise
Coldwell Banker Real Estate

Lot

View
Water
Waterfront
Canal Access
Features
Multiple Lots, Oversized Lot

Structure

Water
Public

Listing history

DateEventPriceChangeSource
Oct 15, 2025Under contract$119,900FMSW
Sept 14, 2025Price drop$119,900$10,000 -7.7%FMSW
Aug 26, 2025Price drop$129,900$10,000 -7.1%FMSW
June 22, 2025New listing$139,900FMSW
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This 0.399-acre property is located at 408 SE 16th Ter in Cape Coral, FL 33990. The property is pending sale.

Checked 6 mins ago — Updated

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