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!
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agent Name: McClea Predelus
Agent Phone: Cell: (561) 512-4113
Agency Title: Realty 100
Estimated Payment
$ 268.78 per month $100.15 Principal & Interest $155.50 Property Tax $13.13 Homeowner's Insurance
566 NE 4th Terrace | MLS# A4697311
This land located at 566 NE 4th Terrace , Cape Coral, FL 33909 is currently listed for sale with an asking price of $45,000. The property has approximately 0.24 Acres. Search Cape Coral real estate on mpredelus.realty100.com today.