Land at 1508 NW 16TH TER, CAPE CORAL
Land at 1508 NW 16TH TER, CAPE CORAL, photo 2 of 6
Land at 1508 NW 16TH TER, CAPE CORAL, photo 3 of 6
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6 photos

$50,000

1508 NW 16TH TER
CAPE CORAL, FL 33993
Listed by Caio Zambell Pereira · DIAMOND KEY BUSINESS & REAL ESTATE
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Build Your Dream Home on an Oversized Corner Lot in Growing NW Cape Coral! Exceptional opportunity to own a 0.34-acre (approx. 14,810 sq ft) oversized residential lot located in the rapidly developing Northwest Cape Coral area. This spacious parcel offers approximately 120 ft of frontage and 125 ft of depth, providing ample room for a custom home, pool, and additional outdoor living space. This property is perfect for both homeowners and investors looking to capitalize on future growth. Conveniently located near schools, shopping, dining, and with easy access to major roads, making commuting simple while still enjoying a peaceful setting. Don’t miss this chance to secure a premium oversized lot in one of Cape Coral’s most up-and-coming areas!

Property details

MLS
Stellar MLS
MLS #
MFRO6393655
Property type
Land
Subdivision
CAPE CORAL
Status
Active
Days on market
96
On market date
March 25, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.34 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
HECTOR A. CAFFERATA JR ELEMENTARY SCHOOL
2.55 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
695
Student:teacher ratio
17.8:1
District
LEE
Middle
MARINER MIDDLE SCHOOL
1.51 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,040
Student:teacher ratio
18.9:1
District
LEE
High
MARINER HIGH SCHOOL
1.21 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,690
Student:teacher ratio
22.2:1
District
LEE

Walkability

Blended score for CAPE CORAL's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

22
Car-dependent
out of 100
EPA National Walkability Index
5.3 / 20 -- Least walkable
Google Places amenity density
15 / 100
Restaurants & cafes0
Grocery stores0
Parks3
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in CAPE CORAL, from live MLS data.

On the market 96 days -- 37 fewer days than CAPE CORAL's current average of 133 days.
For reference, the median list price across 643 active listings in CAPE CORAL right now is $265,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$451/mo
$10,000 down
$40,000 loan
Principal & interest$259
Property tax (est.)$42
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.