Land at 1627 NE 23RD TER, CAPE CORAL
1 photo

$49,900

1627 NE 23RD TER
CAPE CORAL, FL 33909
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This prime vacant commercial lot offers an exceptional development opportunity in a high-visibility, high-growth area of Cape Coral. Water and sewer is currently being installed along the corridor, reducing future site-prep hurdles and unlocking immediate long-term value. Benefit from Cape Coral’s exploding population growth and robust local economy, creating constant demand for modern commercial services and retail offerings. Located in a growing neighborhood surrounded by new construction, the lot provides easy access to shopping, dining, schools, parks, and major roadways. Take advantage of Cape Coral’s continued growth and secure this desirable homesite today! Buyers should verify zoning, building requirements, utility availability, and any applicable assessments with the City of Cape Coral.

Property details

MLS
Stellar MLS
MLS #
MFRA4701596
Property type
Land
Subdivision
CAPE CORAL
Status
Active
Days on market
N/A
On market date
July 30, 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
DIPLOMAT ELEMENTARY SCHOOL
0.95 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
981
Student:teacher ratio
17.2:1
District
LEE
Middle
DIPLOMAT MIDDLE SCHOOL
1.01 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
911
Student:teacher ratio
19.4:1
District
LEE
High
ISLAND COAST HIGH SCHOOL
2.3 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
1,595
Student:teacher ratio
23.5:1
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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

39
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable

Market position

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

On the market 0 days -- 133 fewer days than CAPE CORAL's current average of 133 days.
For reference, the median list price across 645 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
$9,980 down
$39,920 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 July 31, 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.