1407 NW 8th Ter, Cape Coral, FL 33993 - Photo 1

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$69,900

For Sale
Active
Commercial Land
0.2296 Acres
Updated 13 days ago

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Property Description

140' wide canal for view, access to several lakes, all assessments/utilities in and PAID! this property is all ready to go commercially, pick up building permit, hook up to exisiting utilities. Walking distance to schools, Dollar General, convenience store, but also convenient to main Roads, Chiquita, Pine Island Rd, Burnt Store Rd, Tropicana. Great commercial lot for investors/speculation , also possibility of re-zone to residential. Owner will consider owner financing short term.

Full Property Details

Full Property Details for 1407 NW 8th Terrace

General

Price: $69,900
Taxes: $503 (2021)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 222017031
Updated: 12/8/2024
Added to Site: 1, 019 day(s) ago

Additional Information

Shared Amenities: None, Boating

Location

Area: CC41 - Cape Coral Unit 37-43, 48, 49
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: South

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Paid
Water: Assessment Paid, Irrigation Water
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Structural Information

Description/Design: Commercial Lot
Current Bldg. Use: Commercial

Lot Features

Property View: Canal
Lot Size (Acres): 0.2296
Lot Size (Sq. Ft.): 10,001
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 125 x 125
Frontage: Public Road
Frontage Feet: 80
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: Assessment Paid
Lot Features: Regular
Trees/Vegetation: Grassed
Zoning: P1-W
Lot Description: Regular

Water Features

Water Front: Yes
Water Front Desc.: Canal Front
Canal Width: Canal Width 121-150
Boat Dock Slip: Yes

Financial Considerations

Price Per Acre: $304,442
Tax Amount: $503
Tax Year: 2021
Terms: Agreement For Deed, Buyer Finance/Cash, Consider 1st Mortgage, Owner Will Carry

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 41 BLK 2898 PB 17 PG 3 LOTS 26 + 27
Property ID: 03-44-23-C4-02898.0260
Section: 3
Block: 2898
Lot Number: 26

Listed by ERA Right Choice Realty

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Schools

Schools serving 1407 NW 8th Terrace

School District:Lee County School District

Name	Grades	Distance
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Blvd N, Cape Coral, FL 33993	K-5	1.9 mi
Patriot Elementary School 711 Sw 18th St, Cape Coral, FL 33991	PK-5	3.4 mi
Trafalgar Elementary School 1850 Sw 20th Ave, Cape Coral, FL 33991	PK-5	3.5 mi
Mariner Middle School 425 Chiquita Blvd N, Cape Coral, FL 33993	6-8	0.5 mi
Challenger Middle School 624 Sw Trafalgar Pkwy, Cape Coral, FL 33991	6-8	3.3 mi
Trafalgar Middle School 2120 Sw Trafalgar Pkwy, Cape Coral, FL 33991	6-8	3.3 mi
Mariner High School 701 Chiquita Blvd N, Cape Coral, FL 33993	9-12	0.3 mi
Cape Coral High School 2300 Santa Barbara Blvd, Cape Coral, FL 33991	9-12	4.4 mi
North Fort Myers High School 5000 Orange Grove Blvd, N Ft Myers, FL 33903	9-12	5.6 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1407 NW 8th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/04/2024

Price Increased

$69,900

27.32%

MLS

4/24/2023

Price Reduced

$54,900

-8.35%

MLS

3/19/2023

Price Reduced

$59,900

-14.31%

MLS

3/08/2022

Listed

$69,900

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1407 NW 8th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2023

$628

19%

$12,700

27%

2022

$528

$10,000

18%

2021

$503

-73%

$8,500

-23%

2018

$1,856

293%

$11,000

2017

$472

$10,833

-2%

2016

$443

-12%

$11,000

—

2019

$506

23%

$11,000

—

2015

$413

16%

$11,000

—

2014

$356

39%

$11,000

57%

2013

$256

—

$7,000

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1407 NW 8th Terrace

1407 NW 8th Ter, Cape Coral, FL 33993 (MLS# 222017031) is a Commercial Land property with a lot size of 0.2296 acres. 1407 NW 8th Ter is currently listed for $69,900 and was received on March 08, 2022. Want to learn more about 1407 NW 8th Ter? Do you have questions about finding other Commercial Land real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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1407 NW 8th Terrace Cape Coral, FL 33993