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Bean Group
Offered at $49,900Active
beds
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baths
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sq ft
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Built
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1627 NE 23rd Terrace

Cape Coral, FL 33909

About this home

This prime vacant commercial lot offers an exceptional development opportunity in a high-visibility, high-growth area of Cape Coral. Water and sewer is currently being installed along the corridor, reducing future site-prep hurdles and unlocking immediate long-term value. Benefit from Cape Coral’s exploding population growth and robust local economy, creating constant demand for modern commercial services and retail offerings. Located in a growing neighborhood surrounded by new construction, the lot provides easy access to shopping, dining, schools, parks, and major roadways. Take advantage of Cape Coral’s continued growth and secure this desirable homesite today! Buyers should verify zoning, building requirements, utility availability, and any applicable assessments with the City of Cape Coral.

Listing last checked: Listing updated:

Listed by John Fricano, Janelle Fricano · CapeCoralLots.com · MLS #2026031288

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities3 property facts
Lot size
0.344 acres
Water
AssessmentUnpaid
Sewer
AssessmentUnpaid
Financial3 property facts
Annual taxes
$1,026
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $49,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$338 / monthAdjust
Principal & interest
$252
Property tax
$85
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,026. 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. Ter

    $50,000 · Oct 31, 2025

More property insights

Comparable properties 3 supplied

Sold Jun 30, 2026

$50,000

1107 NE 7th Street

Sold Jun 30, 2026

$47,000

1435 NE Juanita Place

Sold Jun 11, 2026

$50,000

2508 Meadow Road

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About 1627 NE 23rd Terrace

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Request a tour of 1627 NE 23rd 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.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.