Land at 566 NE 4TH TER, CAPE CORAL
Land at 566 NE 4TH TER, CAPE CORAL, photo 2 of 2
2 photos

$45,000

566 NE 4TH TER
CAPE CORAL, FL 33909
Listed by Jessie Xu, PA · DALTON WADE INC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

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 can be a great opportunity for you!

Property details

MLS
Stellar MLS
MLS #
MFRA4697311
Property type
Land
Subdivision
CAPE CORAL SUB
Status
Active
Days on market
N/A
On market date
June 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres
Loading map…

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
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
695
Student:teacher ratio
17.8:1
District
LEE
Middle
CALOOSA MIDDLE SCHOOL
1.63 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
963
Student:teacher ratio
20.9:1
District
LEE
High
CAPE CORAL TECHNICAL COLLEGE
0.96 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
0
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).

75
Walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores4
Parks0
Schools5
Transit stops20
Pharmacies7

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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$421/mo
$9,000 down
$36,000 loan
Principal & interest$233
Property tax (est.)$38
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 17, 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.