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Bean Group
Offered at $92,000Active
beds
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baths
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sq ft
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Built
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2318 NE 16th Terrace

Cape Coral, FL 33909

About 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 #2026024399

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Details at a glance

Building1 property facts
Style
Residential
Land & utilities3 property facts
Lot size
0.359 acres
Water
AssessmentUnpaid
Sewer
AssessmentUnpaid
Financial3 property facts
Annual taxes
$1,298
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $92,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$573 / monthAdjust
Principal & interest
$465
Property tax
$108
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,298. 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. Sld

    $750,000 · Sold $730,000 · Feb 28, 2024

  2. Sld

    $120,000 · Sold $95,000 · Jan 11, 2023

  3. Sld

    $16,900 · Sold $16,000 · Apr 29, 2014

  4. Sld

    $6,000 · Sold $4,250 · Nov 11, 2010

  5. Sld

    $56,900 · Sold $56,900 · May 28, 2004

More property insights

Comparable properties 3 supplied

Sold Oct 31, 2026

$89,500

1304 NE 14th Avenue

Sold Oct 31, 2026

$89,500

1106 NE 12th Street

Sold Sep 22, 2026

$100,000

1101 NE 10th Place

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About 2318 NE 16th Terrace

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Request a tour of 2318 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.

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