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Multifamily Zoned Development Land
For Sale
$61,900

2314 Northeast 16th Terrace, Cape Coral, FL 33909

Two-lot land offering up to 9 dwelling units in multi-family zoning, with seller offering a ground lease option.

Property SizeContact for details
Days on Market117

Property Features for 2314 Northeast 16th Terrace

General Information

Standard status Active
Property subtype Lot & Land

Taxes and HOA fees

Annual Taxes $1,038

Amenities

No
Extra Cost
Non Gated
Listing Agency: Century 21 AllPoints Realty
Listed By: Zak Yona · License #258027447
Source: Compass
Added: May 11 Changed: Sep 2 Last Checked: Sep 1 at 10:43PM

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 Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

This for-sale development site consists of two lots at 2314 NE 16TH TER and 2318 NE 16TH TER. The property is presented with multi-family zoning and the opportunity to build up to 9 dwelling units, subject to applicable approvals. The seller is also offering a ground lease option.

Located in Cape Coral, the site is positioned to support residential development within the stated multi-family zoning context.

With two parcels comprising the offering, the property provides a straightforward starting point for a multi-unit residential plan, subject to required permitting and compliance with local requirements.

Key Highlights

  • Two‑lot land parcel at 2314 NE 16th Ter & 2318 NE 16th Ter in Cape Coral
  • Multi‑family zoning allows up to 9 dwelling units
  • Non‑gated community features

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Building Supply Restaurant Auto Repair Shop Pharmacy HVAC Service

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

89
Businesses Nearby

Demographics for 33909, FL

33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-lot land offering up to 9 dwelling units in multi-family zoning, with seller offering a ground lease option.
Where is this residential land & home lot located?
The property is located at 2314 Northeast 16th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $61,900.
What are key features of this property?
This property features: Two‑lot land parcel at 2314 NE 16th Ter & 2318 NE 16th Ter in Cape Coral; Multi‑family zoning allows up to 9 dwelling units; Non‑gated community features
More about this property
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