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    102 NE 16Th Pl Cape Coral, FL 33909

    For Sale
    $220,000

    COMMERCIAL - Cape Coral, FL

    Lot size:
    0.37 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 102 NE 16Th Pl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Grassed
    APN
    08-44-24-C4-01502.0490
    Lot size
    0.37 Acres

    Traikos Real Estate (954) 815-1541

    Listing agent George Traikos (954) 815-1541 License #278022051

    Listing date Sep 2, 2025

    MLS# 223059088 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Coral Land Ready to Build

    This 0.372-acre lot is ready for construction with site plan approval and approved construction documents available at the Building Department. The approved plans are for five apartments, including three 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units, totaling 6,000 square feet of living area. The property is located one block from Del Prado Blvd North and Hancock Bridge Pkwy, near the Pine Island Corridor. It is conveniently situated close to shopping, banks, restaurants, hospitals, and schools. This property is located in Cape Coral, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.940287
    Latitude
    26.654492

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    FAQs

    What type of property is this?
    Residential land & home lot - Land with approved plans for five apartments in Cape Coral.
    Where is this residential land & home lot located?
    The property is located at 102 NE 16Th Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Ready for Construction: Benefit from site plan approval and approved construction documents already in place.; - Approved for Five Apartments: Includes three 2/2 units and two 3/2 units.; - 6,000 sq ft of living space.
    (954) 815-1541
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    102 NE 16Th Pl Cape Coral, FL 33909
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    Cape Coral, FL 33909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 NE 16Th Pl Cape Coral, FL 33909
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