Sold Jul 1, 2026
$58,000About this home
Discover an exceptional investment opportunity distract allows up to 9 dwelling units in the rapidly growing community of Cape Coral. This rare 2-lots located at 2314 NE 16TH TER & 2318 NE 16TH TER in multi-family zoning offering endless possibilities for developers investors and builders looking to capitalize on Southwest Florida’s. *seller is offering ground lease as well. *the 2 lots will be sold together.
Listing last checked: Listing updated:
Listed by Zak Yona, Ilan Kedem · Century 21 AllPoints Realty · MLS #2026023760
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Details at a glance
Building1 property facts
- Style
- Residential
Land & utilities3 property facts
- Lot size
- 0.244 acres
- Water
- AssessmentUnpaid
- Sewer
- AssessmentUnpaid
Financial3 property facts
- Annual taxes
- $1,038
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $59,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$389 / monthAdjust
- Principal & interest
- $303
- Property tax
- $86
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $1,038. 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
$750,000 · Sold $722,500 · May 29, 2024
- Sld
$80,000 · Sold $75,000 · Oct 6, 2023
- Sld
$100,000 · Sold $95,000 · Jan 12, 2023
- Sld
$26,000 · Sold $22,500 · Jan 16, 2019
- Sld
$4,000 · Sold $4,250 · Nov 11, 2010
More property insights
Comparable properties 3 supplied
Sold Jun 30, 2026
$60,0001414 NE 18th Street
Sold Jul 8, 2026
$57,0001503 NE 13th Terrace
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About 2314 NE 16th Terrace
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