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Residential Duplex Building Lot
For Sale
Contact for pricing

1502 NW 16 Terrace, Cape Coral, FL 33993

For sale lot sold with adjacent parcel for duplex development; buyer to verify zoning, utilities, and building requirements.

Property SizeContact for details
Days on Market219

Property Features for 1502 NW 16 Terrace

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $613
Listing Agency: ALYONS INT'L REALTY INC
Listed By: ERIKA LASCANO GONZALEZ · License #A11948126
Source: Corcoran
Added: Jan 19 Changed: Aug 25 Last Checked: Aug 26 at 8:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALYONS INT'L REALTY INC

Investment Insights

Based on property information with market context.

This residential lot is being offered with the adjacent lot (1504 NW 16th Terr, MLS# A11948110), providing a combined opportunity for duplex construction for living and/or investment. The property is situated in a quiet, developing residential area.

Access is described as convenient to schools, a supermarket, restaurants, and Gulf beaches. The seller notes the buyer or buyer’s agent must verify zoning, utilities, and building requirements with the City of Cape Coral before proceeding.

Because the lots are sold together, this offering is best suited to buyers who want to pursue duplex development on the combined parcels.

Key Highlights

  • Buildable lot in Cape Coral in a quiet developing residential neighborhood
  • Lot is sold together with adjacent parcel 1504 NW 16th Terr for duplex development
  • Immediate duplex construction opportunity (buyer to verify requirements)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 33993, FL

29,848
Population
13,098
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
43.7 sq mi
ZIP Area
683
Density / Sq Mi
$89,220
Median Household Income
$41,871
Median Earnings
$2,057
Median Rent
$319,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - For sale lot sold with adjacent parcel for duplex development; buyer to verify zoning, utilities, and building requirements.
Where is this residential land & home lot located?
The property is located at 1502 NW 16 Terrace Cape Coral, FL.
What are key features of this property?
This property features: Buildable lot in Cape Coral in a quiet developing residential neighborhood; Lot is sold together with adjacent parcel 1504 NW 16th Terr for duplex development; Immediate duplex construction opportunity (buyer to verify requirements)
More about this property
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