Cape Coral

2314 NE 16th Ter., Cape Coral FL 33909

Closed

$80,000

15.79%

Est. Payment $426/mo

MLS Sheet

82

Days on Market

Description

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.

Facts

MLS#
A11465405
Subdivision
Cape Coral
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
10,890 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
82 days
Listed
Oct 6, 2023
Last Updated
Jan 26, 2024
Price/Lot Sq.Ft.
$7/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Cape Coral

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

32

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

1/26/2024Sold$80,000
10/16/2023Price change$80,000-15.8%
10/6/2023Listed for sale$95,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

2314 NE 16th Ter., Cape Coral FL 33909Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$642/mo

Principal & Interest

$426

Property Tax

$67

Insurance

$150

HOA

$0

20% ($16,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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