Sarasota's Premier Homes

566 NE 4TH TERRACE

CAPE CORAL, FL 33909

MLS#: A4697311

$45,000

Status: Active
Listing number: A4697311
Listing provided by: DALTON WADE INC
Listing agent phone: None
Last update: 6 hours ago
New on site 1 day ago
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CAPE CORAL SUB - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.24 acres

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!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.24

  • Lot Size(square feet)

    10629.0

  • Property Type

    Land

Price

  • Sales Price

    $45,000

  • Tax Amount

    $1,866.38

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    9

  • Water Source

    Public

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Location

County

Lee

Elementary School

Middle School

High School

Listing Courtesy of Jessie Xu, PA , DALTON WADE INC

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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!

566 NE 4TH TERRACE

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