566 NE 4th Terrace, Cape Coral, FL 33909
Local realty services provided by:ERA Advantage Realty, Inc.
566 NE 4th Terrace,Cape Coral, FL 33909
$45,000
- 0.24 Acres
- Lots / Land
- Active
Listed by: jessie xu, pa
Office: dalton wade inc
MLS#:A4697311
Source:MFRMLS
Price summary
- Price:$45,000
About this home
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!...
Contact an agent
Home facts
- Subdivision & Development:CAPE CORAL SUB
- Listing ID #:A4697311
- Added:133 day(s) ago
- Updated:October 28, 2026 at 08:58 PM
Structure and exterior
- Lot area:0.24 Acres
- Levels:1 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$45,000
- Tax amount:$1,866 (2025)
Features and amenities
- Amenities:Electricity Available
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