New Listing - 06/16/2026
566 NE 4TH TERRACE, Cape Coral, FL, 33909
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!
Status:
Active
Type:
Lot / Acreage
Subdivision:
CAPE CORAL SUB
Lot Size:
85 x 125
Acreage:
0.24
Est. Taxes:
$1,866
Current Use
Commercial
Utilities
Electricity Available, Sewer Available, Water Available
Days on Market:
2
MLS #:
A4697311
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Dalton Wade Inc 888-668-8283