
Mixed-Use Land for Sale in Cape Coral, Florida
566 NE 4th Ter, Cape Coral, FL 33909
Vacant Land located near the busy street of Pine Island Road. Infrastructure are all done. All tax and assessments are all paid!
The land currently zoned as Commercial - in an Opportunity Zone Program.
There are residential and commercial around this land. The city of Cape Coral changed the land use from Residential to Commercial as part of an Opportunity Zone Program. The zoning description is below: Opportunity Zones were created by the Tax Credit and Jobs Act of 2017 (OZ-1.0). The program is designed to encourage investors, businesses, developers, financial institutions, and other investors to reinvest capital gains into distressed census tracts to foster job creation. The benefit is deferral, reduction, and potential elimination of taxes on capital gains and not rebates or grants. The One Big Beautiful Bill of 2025 made the program a permanent part of the tax code and further refined the program (OZ-2.0).
If you are looking for a tax reduced investment opportunity, this can be a great opportunity for you!
Location
- Street address
- 566 NE 4th Ter
- County
- Lee County
- Zip code
- 33909
- Community
- Cape Coral Sub
- Elevation
- 11 feet
Directions
From Pine Island Rd, turn north to NE 7th Pl, and left to NE 4th Ter.
Property details
- Lot size
- 0.24 acres10,454 sq ft
- Zoning
- RD
- MLS #
- MFRMLS A4697311
- Posted
Property taxes
- 2025
- $1,866
Parcels
- 12-44-23-C2-02378.0090
Legal description
CAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 9 + 10
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 17, 2026 | New listing | $45,000 | — | MFRMLS |