NOT LISTED FOR SALE

1718 SE 1st Terrace Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $80,517 - $116,000

0.23 Acre
$423,387 Price per Acre
10,019 Sq Ft Lot

Last Sold July 12, 2023

Last sale price $92,000

Est. 2% increase in value since last sale

Current estimated payment $657/month

153 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of July 2023

Build your DREAM home on this beautiful fresh water building site with Southern exposure!!! Hop on your paddleboard or kayak, and take a leisurely cruise down the canals to Manitoba Lake. Located just off Hancock Bridge Pkwy and Del Prado Blvd, you'll love the easy access to a myriad of shopping and dining options, including Lowes, Starbucks, BJs Wholesale Club, Wal-Mart Neighborhood Market, and so much more. In close proximity to schools, parks and Cape Coral Hospital. Now is the perfect time to invest in land with prices on the rise! Buy and hold; buy and build - the choice is yours! At this price, it's time to MOVE!

Last Agent to Sell the Property

Brenda Sheets

RE/MAX Realty Team License #258006927 Listed on: 01/27/2023

RE/MAX Realty Team

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $869

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 1348
  • Assessor Parcel Number 17-44-24-C1-01348.0090

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$869

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Travel north on Del Prado Blvd and turn right onto Hancock Bridge Pkwy. Turm right onto SE 17th Avenue and left onto SE 1st Terrace. Property on right hand side.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Trash Collection, Water Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-44-24-C1-01348.0090
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 869.4
  • Tax Block: 1348
  • Tax Lot: 9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 7, 2022
Sold by
Cgm Land Inc
Bought by
Vr Properties Llc
Seller's Agent
Colin Murphy
AGILE GROUP REALTY
Buyer's Agent
Colin Murphy
AGILE GROUP REALTY
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$93,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,546
Avg. Annual Appreciation
12.40%

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 8, 2022
Sold by
Seidener Claire L
Bought by
Cgm Land Inc
Seller's Agent
Colin Murphy
AGILE GROUP REALTY
Buyer's Agent
Colin Murphy
AGILE GROUP REALTY
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vr Properties Llc $65,000 Island Title Services
Cgm Land Inc $39,700 New Title Company Name
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $92,000 -8.0% --
06/30/2023 06/30/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $100,000 -9.1% --
02/28/2023 02/28/23 Price Changed $110,000 +15.8% --
01/27/2023 01/27/23 For Sale $95,000 +46.2% --
07/08/2022 07/08/22 Sold $65,000 -13.2% --
06/08/2022 06/08/22 For Sale $74,900 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,737 $73,275 $73,275 --
2023 $1,737 $79,067 $60,490 $0
2022 $973 $29,476 $0 $0
2021 $869 $29,000 $29,000 $0
2020 $864 $36,000 $36,000 $0
2019 $735 $24,000 $24,000 $0
2018 $715 $24,000 $24,000 $0
2017 $663 $22,287 $22,287 $0
2016 $638 $24,000 $24,000 $0
2015 $606 $24,000 $24,000 $0
2014 -- $23,000 $23,000 $0
2013 -- $12,500 $12,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Sheets

    Seller's Agent in 2023

    Brenda Sheets

    RE/MAX

    (239) 839-6890

    13 in this area

    251 Total Sales

    Section Image
  • Colin Murphy

    Seller's Agent in 2022

    Colin Murphy

    AGILE GROUP REALTY

    (727) 793-7547

    2 in this area

    140 Total Sales

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223007292

Florida Gulf Coast Multiple Listing Service

APN: 17-44-24-C1-01348.0090

Florida Lee County Cape Coral 33990 Hancock

1718 SE 1st Terrace, Cape Coral, FL

This home is located at 1718 SE 1st Terrace, Cape Coral, FL 33990 since 27 January 2023 and is currently estimated at $97,379. 1718 SE 1st Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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