566 Ne 4th Terrace, Cape Coral, FL 33909
- $45,000
- List Price
- $45,000
- Status
- Active
- Days on Market
- 44
- MLS#
- A4697311
- Lot Size
- 10,629
- Acres
- 0.24
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Cape Coral Sub
- MLS Area Major
- Cape Coral
Property Description
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!
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Additional Information
- Taxes
- $1866
- Community Features
- No Deed Restriction
- Zoning
- RD
- Utilities
- Electricity Available, Sewer Available, Water Available
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 12-44-23-C2-02378.0090
- Legal Description
- CAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 9 + 10
Listing courtesy of DALTON WADE INC. 888-668-8283
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