566 NE 4TH TER, Cape Coral, FL 33909
566 NE 4TH TER, Cape Coral, FL 33909
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$ 45,000
Est. payment | /mo

10,454 Sqft Lot


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$ 45,000
Est. payment | /mo
Save

10,454 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral Sub

MLS Listing ID A4697311

HOA Y/N No

Annual Tax Amount $1,866

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 85x125

Property Sub-Type Commercial

Source Stellar MLS

Property Description

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

State FL

County Lee

Community Cape Coral Sub

Area 33909 - Cape Coral

Zoning RD

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Building

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
Listed by Jessie Xu, PA DALTON WADE INC

Schools and Properties Nearby

Glenis Galindo

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566 NE 4TH TER