Sold Jul 23, 2026
$1,607,518About this home
Discover an incredible opportunity with this 5.19-acre parcel, the least expensive 5-acre commercial lot available in all of Cape Coral! Perfectly situated in a highly desirable location, this property is zoned Market Place Residential, offering immense potential for investors and land developers. The "Market Place Residential District" fosters a dynamic, pedestrian-friendly blend of neighborhood retail, offices, services, and residential spaces. Perfect for creating a community hub with residential, retail, or mixed-use developments. This is a rare chance to secure a sizable parcel at an unbeatable price. Don’t miss out on this exceptional investment opportunity—inquire today! *Environmental Report & Survey Available Upon Request*
Listing last checked: Listing updated:
Listed by Ellison Espinal · Sposen Realty & Development · MLS #2025012849
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 5.179 acres
- Water
- None
- Sewer
- None
Financial3 property facts
- Annual taxes
- $8,346
- Assessment year
- 2024
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,749,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,539 / monthAdjust
- Principal & interest
- $8,844
- Property tax
- $695
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $8,346. 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
- Sld
$200,000 · Sold $165,000 · Dec 9, 2014
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About 1626 NW 2nd Avenue
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Request a tour of 1626 NW 2nd Avenue and a Bean Group agent will help coordinate an available time with the listing side.
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