516 SW 2nd Terrace Cape Coral, FL 33991
Hancock NeighborhoodEstimated payment $7,988/month
Highlights
- City View
- 2.32 Acre Lot
- Oversized Lot
- Cape Elementary School Rated A-
About This Lot
An excellent site in the sought after Unit 29 in one of the best locations of Cape Coral just South of Pine Island Rd , surrounded by well known retailers , car dealerships ,major national restaurant chains . Going from Nicholas Pkwy going West to lot 54 facing North .
( 730' x 125 " ) plus an additional lot on the same block facing south suitable for additional parking (lot 33-34 ) 80' x 125'). Total Sq footage of 810" x 125 " ( Please see /click on the supplement attached to listing )
There is a site plan approval of the partial site for the west 25000 sq feet of the site for a warehouse site plan of 7 units , aprox 7400 sq ft of construction ,which is part of this total 101,250 sq ft , a total 2.32 acres being sold together and this is a package offering of the whole site and seller will not sell separate pieces .
This is a Reasonably priced property compared to most commercial sites for sale at the moment . Seller Motivated , Offers wanted !
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,348
Lot Details
- 2.32 Acre Lot
- Lot Dimensions are 730 x 125 x 730 x 125
- South Facing Home
- Oversized Lot
- Irregular Lot
- Cleared Lot
- Property is zoned Corr
Property Views
- City Views
Home Design
- Mixed Use
Utilities
- Sewer Assessments
- Phone Available
- Cable TV Available
Community Details
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 33-34 / 1938
- Assessor Parcel Number 14-44-23-C4-01938.0370
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,032 | $21,187 | -- | -- |
| 2023 | $1,032 | $19,261 | $0 | $0 |
| 2022 | $880 | $17,510 | $0 | $0 |
| 2021 | $876 | $45,000 | $45,000 | $0 |
| 2020 | $861 | $16,875 | $16,875 | $0 |
| 2019 | $889 | $16,875 | $16,875 | $0 |
| 2018 | $884 | $16,875 | $16,875 | $0 |
| 2017 | $954 | $14,063 | $14,063 | $0 |
| 2016 | $799 | $11,250 | $11,250 | $0 |
| 2015 | $816 | $12,375 | $12,375 | $0 |
| 2014 | $761 | $9,900 | $9,900 | $0 |
| 2013 | -- | $7,425 | $7,425 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2025 05/10/25 | Price Changed | $1,295,000 | -1.5% | -- |
| 03/21/2025 03/21/25 | Price Changed | $1,315,000 | -2.2% | -- |
| 01/24/2025 01/24/25 | Price Changed | $1,345,000 | -0.4% | -- |
| 12/24/2024 12/24/24 | For Sale | $1,350,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,605,000 | Attorney | |
| Warranty Deed | $1,170,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,284,000 | Unknown | |
| Previous Owner | $877,500 | Unknown |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224103972
APN: 14-44-23-C4-01938.0370
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