Sold Sep 1, 2026
$40,000About this home
NO FLOOD ZONE. Build your future in one of Northeast Cape Coral’s fastest-growing areas! This vacant residential lot at 1627 NE 16th Ter is located in the North 1 Utilities Expansion Project (UEP) zone, with city sewer and water currently planned for 2027 — making this an excellent opportunity to buy ahead of infrastructure expansion. Situated in the northeast section of Cape Coral, this homesite offers a quiet residential setting with new construction activity nearby, easy access to main roadways, and strong long-term growth potential. Whether you’re planning to build your dream home or add to your investment portfolio, now is a great time to secure property in this area before utility completion drives future value. Don’t miss this chance to get in early on an expanding neighborhood with exciting improvements on the horizon!
Listing last checked: Listing updated:
Listed by Amanda Courtney · REP Realty Group · MLS #2026040570
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 0.23 acres
- Water
- None
- Sewer
- None
Financial3 property facts
- Annual taxes
- $1,033
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $37,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$273 / monthAdjust
- Principal & interest
- $187
- Property tax
- $86
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $1,033. 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
- Ter
$37,000 · Jan 27, 2026
- Sld
$38,700 · Sold $35,000 · Sep 14, 2021
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About 1627 NE 16th Terrace
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Request a tour of 1627 NE 16th Terrace and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.