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566 NE 4th Terrace

Cape Coral FL 33909

10629 sq. ft.
Land
Currently for sale - view listing

Overview

Vacant Land located near the busy street of Pine Island Road. Infrastructure are all done. All tax and assessments are all paid! The land currently zoned as Commercial - in an Opportunity Zone Program. There are residential and commercial around this land. The city of Cape Coral changed the land use from Residential to Commercial as part of an Opportunity Zone Program. The zoning description is below: Opportunity Zones were created by the Tax Credit and Jobs Act of 2017 (OZ-1.0). The program is designed to encourage investors, businesses, developers, financial institutions, and other investors to reinvest capital gains into distressed census tracts to foster job creation. The benefit is deferral, reduction, and potential elimination of taxes on capital gains and not rebates or grants. The One Big Beautiful Bill of 2025 made the program a permanent part of the tax code and further refined the program (OZ-2.0). If you are looking for a tax reduced investment opportunity, this can be a great opportunity for you!

Features

10629 sq. ft. lot size
Land

Happy sellers in Cape Coral

89%
89% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Cape Coral over the last 12 months.

Local market activity for land plots in Cape Coral

In the last 12 months, 412 land plots similar to 566 NE 4th Terrace, have been sold.

This represents a 32% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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