566 NE 4th Terrace, Cape Coral, FL 33909

Local realty services provided by:ERA ONETEAM REALTY
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...

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Home facts

  • Listing ID #:A4697311
  • Added:1 day(s) ago
  • Updated:June 17, 2026 at 01:34 AM

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
  • Pool features:Public Pool
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