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Bean Group
Offered at $199,000Active
beds
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baths
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sq ft
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Built
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1602 NE 2nd Terrace

Cape Coral, FL 33909

About this home

This oversized 10,895-square-foot freshwater lot offers an excellent commercial opportunity with approximately 125 feet of frontage along Del Prado Boulevard, a major commercial corridor, and 215 feet of total frontage. The property’s Future Land Use is designated Commercial Professional, providing potential for a variety of professional and commercial uses. As a freshwater lot, a traditional seawall is not required, and a littoral (shoreline) zone may be utilized, offering a huge saving to the builder. The large commercial 6 lot directly across the canal is also available from the same seller, creating an exceptional opportunity for buyers interested in acquiring both properties and maximizing their development potential. Seller financing is available, making this an attractive opportunity for investors, developers, or professional users seeking a well-located property with substantial frontage and future commercial potential.

Listing last checked: Listing updated:

Listed by Joella Consolazio · Properties in Paradise Real Estate, LLC · MLS #2026035075

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities4 property facts
Lot size
0.25 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Waterfront
Y
Financial3 property facts
Annual taxes
$1,729
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $199,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,150 / monthAdjust
Principal & interest
$1,006
Property tax
$144
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,729. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $45,000 · Sold $45,000 · Apr 14, 2023

  2. Sld

    $52,900 · Sold $39,000 · May 6, 2022

More property insights

Comparable properties 3 supplied

Sold Aug 28, 2026

$195,000

2325,2333,2337, Joel Boulevard

Sold May 22, 2026

$183,333

2100 Santa Barbara Boulevard

Sold May 22, 2026

$183,333

2110 Santa Barbara Boulevard

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About 1602 NE 2nd Terrace

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