1618 Southwest 23rd Terrace

Cape Coral, FL 33991

$2,167,000
Price
86,553 / 1.99
Lot Size / Acres

Description

Rare find, 1.99 acre commercial corner site facing Veterans Parkway in rapid growing SW area of Cape Coral. This unique shaped site is long and narrow with 693' of street frontage on SW 23RD Terrace. The site would be an excellent fit for a multi-tenant neighborhood shopping plaza to service the surrounding area. The property in front of the site is County Owned Right of Way insuring that the site will always maintain excellent visibility from Veterans Parkway. The site has City water, sewer, and...Rare find, 1.99 acre commercial corner site facing Veterans Parkway in rapid growing SW area of Cape Coral. This unique shaped site is long and narrow with 693' of street frontage on SW 23RD Terrace. The site would be an excellent fit for a multi-tenant neighborhood shopping plaza to service the surrounding area. The property in front of the site is County Owned Right of Way insuring that the site will always maintain excellent visibility from Veterans Parkway. The site has City water, sewer, and irrigation. Buyer to assume assessment balances at closing. The seller will consider owner financing for a qualified buyer.

Property Details for 1618 Southwest 23rd Terrace

Development
CAPE CORAL
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Professional Realty, Jack Britton
Add your commute
LISTING UPDATED: 02/06/2024 03:40 PM

Property Details for 1618 Southwest 23rd Terrace

StatusActive
MLS #224012104
Days on Market116
Taxes$19,499 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot & Land
Year Built-
Lot Size1.99 AC
CountyLee County

Location

Listing Courtesy of Professional Realty, Jack Britton
Add your commute

Building Information for 1618 Southwest 23rd Terrace

Lot Size1.99 AC

Payment Calculator

$13,451 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,826

Property Taxes

$1,625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1618 Southwest 23rd Terrace

Summary
Location and General Information
  • City: CAPE CORAL
  • Directions: Veterans Parkway to Chiquita Boulevard. Turn north on Chiquita Blvd. and site is on the west side of the road.
  • Human Modified: Yes
  • Latitude: 26.61
  • Longitude: -82.01
  • MLS Area Major: CC24 - Cape Coral Unit 71, 92, 94-96
  • Postal Code: 33991
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Direction Prefix: SW
  • Street Name: 23rd
  • Street Number: 1618
  • Street Suffix: TER
  • Block: 4804
  • Full Address: 1618 SW 23rd TER
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Maintenance: None
  • Tax Annual Amount: $19,498.67
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 28-44-23-C3-04804.0010
  • Property Type: Lot & Land
  • Section: 28
  • Lot Unit: 1
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Corner Lot
  • Acres: 1.987
  • Lot Size Area: 1.987
  • Lot Size Dimensions: 693 x 125 x 693 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 71 BLK.4804 PB 22 PG 95 LOTS 1 THRU 17
  • Current Use: Commercial
Property and Assessments
  • Rear Exposure: S
  • Possession: Close Of Escrow
  • Property Sub Type: Commercial
  • Township: 44
  • Range: 23
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Property Sub Type Additional: Commercial, Unimproved Land
  • 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, Central
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Assessment Unpaid, Public
  • Water: Assessment Unpaid, Central
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
Interior and Exterior Features
Exterior Features
  • Canal Width: None
  • Exterior Features: None
  • Irrigation Source: Extra Cost
  • Gulf Access: No
Interior Features
  • Elevator Text Details: None
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1618 Southwest 23rd 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 1618 Southwest 23rd Terrace

Taxable ValueLand$1,730,580Additions-Total$1,730,580
Tax Record2023$19,499 ($1,625 / month)
Home Facts
Lot Size86,529 SqFtStyleCommercialZoningC-1CountyLEEAPN28-44-23-C3-04804.0010

Schools near 1618 Southwest 23rd 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
Gulf Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Patriot Elementary School
PublicPK to 5

Trafalgar 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.

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1618 Southwest 23rd Terrace is a 1.99 ac of land for sale in Cape Coral, FL 33991. This property was listed for sale on February 6, 2024 by Professional Realty, it's currently listed at $2,167,000. It has been on the market for a total of 116 days and was last sold on September 22, 2003. This listing's school district is Lee. Nearby schools include Gulf Elementary School, Skyline Elementary School and Patriot Elementary School. 1618 Southwest 23rd Terrace is a 0-bed, 0-bath, 1.99 ac of land on a 86,553 sq. ft. / 1.99 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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Professional Realty, Jack Britton

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