566 NE 4TH TERRACE, Cape Coral, FL 33909

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!

Listing Status:

Active

Date Added:

June 16, 2026

Data Last Updated:

July 29, 2026 at 3:24AM

Listing Office:

DALTON WADE INC : 888-668-8283

Listing Agent:

Jessie Xu, PA : 941-216-5803

MLS ID:

A4697311

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Lee

Lot

• Zoning: RDCAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 9 + 1012-44-23-C2-02378.0090
• Current Use: Commercial

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple