Listing provided courtesy of DALTON WADE INCas Distributed by MLSGrid- MLS# MFRA4697311
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Request Info566 NE 4TH TERRACECAPE CORAL, FL 33909
Vacant Land · 0.24 Acres$45,000
Active
566 NE 4TH TERRACE Overview
- Time on Site:
- 14 days
- Visits:
- 0
Vacant Land located near the busy street of Pine Island Road. Infrastructure are all done. All tax and assessments are all paid! The land currently zoned as Commercial - in an Opportunity Zone Program. There are residential and commercial around this land. The city of Cape Coral changed the land use from Residential to Commercial as part of an Opportunity Zone Program. The zoning description is below: Opportunity Zones were created by the Tax Credit and Jobs Act of 2017 (OZ-1.0). The program is designed to encourage investors, businesses, developers, financial institutions, and other investors to reinvest capital gains into distressed census tracts to foster job creation. The benefit is deferral, reduction, and potential elimination of taxes on capital gains and not rebates or grants. The One Big Beautiful Bill of 2025 made the program a permanent part of the tax code and further refined the program (OZ-2.0). If you are looking for a tax reduced investment opportunity, this can be a great opportunity for you!
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566 NE 4TH TERRACE Facts & Features
- Type Vacant Land
- Lot 0.24 Acres
Details
General
Business Information
- Current Use: Commercial
Location/Region
- Country: US
- County Or Parish: Lee
- MLS Area Major: 33909 - Cape Coral
- Subdivision Name: CAPE CORAL SUB
- Township: 44
Tax Information
- Tax Annual Amount: 1866.38
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 12-44-23-C2-02378.0090
- Property Type: Land
- Special Listing Conditions: None
- Zoning: RD
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Units: Square Feet
General Information
- Living Area Units: Square Feet
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.24
- Lot Size Dimensions: 85x125
- Lot Size Square Feet: 10629
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- Waterfront: No
General Information
- Sewer: Public Sewer
- Utilities: Electricity Available,Sewer Available,Water Available
566 NE 4TH TERRACE Neighborhood
Community
33909 (CAPE CORAL) Demographics
38
Median Age
1,697
Population Density (per sq. mile)
29%
College Educated
$57,302
Estimated Median Income
6,892
Estimated Total Home Owners
3,786
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.566 NE 4TH TERRACE Monthly Cost
566 NE 4TH TERRACE Market Data
Based on the last 30 days in this zip code
$361,343
Average List Price
$214
Average Price per Square Foot
3
Properties Sold
93
Average Days on Market
1,407
Properties for Sale
566 NE 4TH TERRACE History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: My Florida Regional MLS | June 16, 2026 |