NOT LISTED FOR SALE

2314 NE 16th Terrace Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $70,000 - $85,000

0.25 Acre
$302,420 Price per Acre
10,890 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $75,000

Est. 1% increase in value since last sale

Current estimated payment $475/month

82 Days on Market

About This Lot

As of January 2024

Cape Coral Prime Vacant Land in high demand, Zoned Multifamily R-3, Incredible investment opportunity. Multifamily properties are in high demand, making this parcel an exceptional investment opportunity. Zoned multifamily R-3, offers immense potential for builders, developers, or someone looking to build their first multifamily rental units. This vacant land provides the ideal canvas for constructing your multifamily residential project. Take advantage of the rising demand for rental properties or capitalize on the increasing desire for affordable housing options. High-Demand Location, situated in a very sought-after neighborhood.

Last Agent to Sell the Property

Alex Souza

MMLS Assoc.-Inactive Member License #3512166 Listed on: 10/06/2023

Last Buyer's Agent

Alex Souza

MMLS Assoc.-Inactive Member License #3512166 Listed on: 10/06/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $591

Lot Details

  • 0.25 Acre Lot
  • South Facing Home

Community Details

  • No Home Owners Association
  • Cape Coral Condos
  • Cape Coral Subdivision

Listing and Financial Details

  • Assessor Parcel Number 243243C3022210070

Property Details

Property Type

Land

Est. Annual Taxes

$591

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Del Prado to East on Diplomat, left on NE 23rd Ave, right on NE 16th Ter to #2314 on right side.
  • Horses: No
  • Lot Size Acres: 0.25
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: Cape Coral
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: South
  • Lot Features: No Misc/Improvements
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Cape Coral

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 243243C3022210070
  • Additional Parcels: No
  • Current Use: Zoned Duplex, Other Usage
  • Development Status: Recorded Plat
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Jan 19, 2024
Sold by
Core Development Group Fl
Bought by
239 Sun Construction Llc
Seller's Agent
Alex Souza
MMLS Assoc.-Inactive Member
Buyer's Agent
Alex Souza
MMLS Assoc.-Inactive Member
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%
Views
15
Current Estimated Value
$75,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Mar 7, 2023
Sold by
Leighl Investments Llc
Bought by
Core Development Group Fl

Purchase Details

Closed on
Jan 7, 2011
Sold by
D & A Construction Llc
Bought by
Leighl Investments Llc

Purchase Details

Closed on
Nov 5, 2004
Sold by
Declaration Bennett Kenneth E
Bought by
D & A Construction Llc
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
239 Sun Construction Llc $75,000 Stewart Title Company
Core Development Group Fl $90,000 Florida Hometown Title & Escro
Leighl Investments Llc $8,500 Chelsea Tiel Company
D & A Construction Llc $100,000 Bay Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $75,000 -6.3% --
12/28/2023 12/28/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $80,000 -15.8% --
10/06/2023 10/06/23 For Sale $95,000 -- --
Source: MIAMI REALTORS® MLS

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 $767 $29,579 $29,579 --
2023 $767 $10,273 $0 $0
2022 $591 $9,100 $9,100 $0
2021 $508 $9,100 $9,100 $0
2020 $479 $9,100 $9,100 $0
2019 $473 $13,000 $13,000 $0
2018 $465 $13,000 $13,000 $0
2017 $417 $10,417 $10,417 $0
2016 $369 $7,100 $7,100 $0
2015 $336 $6,500 $6,500 $0
2014 $338 $5,922 $5,922 $0
2013 -- $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alex Souza

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11465405

MIAMI REALTORS® MLS

APN: 32-43-24-C3-02221.0070

Florida Lee County Cape Coral 33909 Diplomat

2314 NE 16th Terrace, Cape Coral, FL

This home is located at 2314 NE 16th Terrace, Cape Coral, FL 33909 since 06 October 2023 and is currently estimated at $75,605. 2314 NE 16th Terrace is a home located in Lee County with nearby schools including Dr. Carrie D. Robinson Littleton Elementary School, Tropic Isles Elementary School, and J. Colin English 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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