418 Northeast 5th Terrace

Cape Coral, FL 33909

$450,000
Price
168,272 / 3.86
Lot Size / Acres

Description

Rare opportunity to purchase 3.86 Acres of Commercial Land. Located directly off NE Pine Island Road and surrounded on 3 side by canal front Single Family Homes, this property would make a great location for multiple commercial options.Rare opportunity to purchase 3.86 Acres of Commercial Land. Located directly off NE Pine Island Road and surrounded on 3 side by canal front Single Family Homes, this property would make a great location for multiple commercial options.
  1. Listed by Jerry Robinson • KHI Real Estate FM, LLC

Property Details for 418 Northeast 5th Terrace

Development
CAPE CORAL
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/06/2024 11:06 AM

Property Details for 418 Northeast 5th Terrace

StatusActive
MLS #224086423
Days on Market21
Taxes$22,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot & Land
Year Built-
Lot Size3.86 AC
CountyLee County

Building Information for 418 Northeast 5th Terrace

Lot Size3.86 AC

Property Information for 418 Northeast 5th Terrace

Summary
Location and General Information
  • City: Cape Coral
  • Directions: Heading West on Pine Island Road from Andalusia BLVD, make a right on NE 7th Place, then left on NE 4th Terrace, then right on NE 5th Terrace. Destination will be on the left. (Entire Block)
  • Human Modified: No
  • Latitude: 26.66
  • Longitude: -81.96
  • MLS Area Major: CC31 - Cape Coral Unit 17,31-36,
  • Postal Code: 33909
  • Road Surface Type: Paved
  • Street Direction Prefix: NE
  • Street Name: 5th
  • Street Number: 418
  • Street Suffix: TER
  • Block: 2360
  • Full Address: 418 NE 5th TER
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Maintenance: None
  • Tax Annual Amount: $22,873.85
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 12-44-23-C2-02360.0000
  • Property Type: Lot & Land
  • Section: 12
  • Lot Unit: 2360
  • Ground Cover: Brush
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Irregular Lot, Oversized Lot, Other, See Remarks, Acreage
  • Acres: 3.863
  • Lot Size Area: 3.863
  • Lot Size Dimensions: 240 x 680 x 240 x 680
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 35 BLK.2360 PB 16 PG 105 ALL OF 2360
  • Current Use: Commercial
Property and Assessments
  • Rear Exposure: N
  • Possession: Close Of Escrow
  • Planned Use: See Remarks
  • Property Sub Type: Acreage
  • Township: 44
  • Senior Community: false
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Property Sub Type Additional: Acreage
  • Zoning Code: C-1
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Unpaid
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Unpaid
  • Water: Assessment Unpaid
Multi Family
Multi-Family Information
  • Golf Type: No Golf Available
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Canal Width: None
  • Community Features: See Remarks
  • Exterior Features: None
  • Irrigation Source: Included In Assessment
  • Gulf Access: No
Interior Features
  • Elevator Text Details: None
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 418 Northeast 5th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 418 Northeast 5th Terrace

Taxable ValueLand$673,400Additions-Total$673,400
Tax Record2023$22,874 ($1,906 / month)
Home Facts
Lot Size168,350 SqFtStyleCommercialZoningC-1CountyLEEAPN12-44-23-C2-02360.0000

Schools near 418 Northeast 5th Terrace

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Diplomat Elementary School
PublicPK to 5

Caloosa Elementary School
PublicPK to 5

Tropic Isles Elementary School
PublicPK to 5

Hector A. Cafferata Jr Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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418 Northeast 5th Terrace is a 3.86 ac of land for sale in Cape Coral, FL 33909. This property was listed for sale on October 28, 2024 by KHI Real Estate FM, LLC, it's currently listed at $450,000. This listing's school district is Lee. Nearby schools include Diplomat Elementary School, Caloosa Elementary School and Tropic Isles Elementary School. 418 Northeast 5th Terrace is a 0-bed, 0-bath, 3.86 ac of land on a 168,272 sq. ft. / 3.86 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KHI Real Estate FM, LLC, Jerry Robinson

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