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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

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY IN CAPE CORAL! Strategically located just south of the busy Del Prado Boulevard and Kismet Parkway intersection, this approximately 0.34-acre, three-lot commercial parcel offers an excellent opportunity to establish a business presence in Northeast Cape Coral. Zoned Commercial (C) with a Commercial/Professional (CP) future land use designation, the property offers potential for a variety of commercial applications, including retail, professional offices, and service-oriented businesses, subject to City approval and development requirements. Situated near the Publix-anchored Shoppes at North Cape shopping center, restaurants, automotive services, and established residential neighborhoods, the property benefits from convenient access to major roadways and surrounding commercial activity. With approximately 120 feet of frontage along NE 23rd Terrace, this parcel presents an attractive opportunity for investors, entrepreneurs, and developers seeking a commercial location in Cape Coral. Explore the possibilities and position your next business venture in this growing Southwest Florida community! Buyers are responsible for independently verifying permitted uses, zoning, development requirements, utilities, assessments, lot dimensions, and all applicable regulations with the City of Cape Coral.

Listing last checked: Listing updated:

Listed by Jason Perretta · EXP Realty LLC · MLS #226037747

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Details at a glance

Interior1 property facts
Rooms
0
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

    $49,900 · Jul 15, 2026

  2. Ter

    $50,000 · Oct 31, 2025

More property insights

Comparable properties 3 supplied

Sold Aug 31, 2026

$50,000

1428 Diplomat Parkway W

Sold Aug 31, 2026

$50,000

1500 Diplomat Parkway W

Sold Aug 26, 2026

$46,000

3206 Meadow Road

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About 1627 NE 23rd Terrace

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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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