Property
ActiveLand
1/2
$45,000

566 NE 4TH TERRACE

Cape Coral, FL 33909
0
Beds
0
Baths
0
SqFt
0.24
Acres
STELLAR
#A4697311
Updated: Jun 18, 2026, 2:08pm

Property Description

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!

Property Details

Site & Exterior
Current Use
Commercial
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.24
Lot Size Area
10629
Lot Size Dimensions
85 x 125
Lot Size Square Feet
10629
Lot Size Units
Square Feet
Public Survey Range
23E
Public Survey Section
12
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity AvailableSewer AvailableWater Available
Water Source
Public
Zoning
RD
Financials
Calculated List Price By Calculated Sq Ft
4.23
Contract Status Change Date
2026-06-16
Current Price
45000
Feed Types
BBO
Owner Name
HCT 7TH LLC
Ownership
Fee Simple
Parcel Number
124423C202378.0090
Price Per Acre
187500
Public Survey Township
44
Tax Annual Amount
1866.38
Tax Block
2378
Tax Book Number
16-103
Tax Legal Description
CAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 9 + 10
Tax Lot
9
Tax Year
2025
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33909 - Cape Coral
Subdivision Name
CAPE CORAL SUB
Listing provided courtesy of STELLAR via IDX. Updated: Jun 18, 2026, 2:08pm.
Jessie Xu, PA

Listing Agent

DALTON WADE INC

Call Agent