$199,000
Waterfront Home for Sale in Cape Coral
1602 NE 2nd Terrace, Cape Coral, FL, 33909
About this home
This oversized 10,895-square-foot freshwater lot offers an excellent commercial opportunity with approximately 125 feet of frontage along Del Prado Boulevard, a major commercial corridor, and 215 feet of total frontage. The property’s Future Land Use is designated Commercial Professional, providing potential for a variety of professional and commercial uses. As a freshwater lot, a traditional seawall is not required, and a littoral (shoreline) zone may be utilized, offering a huge saving to the builder. The large commercial 6 lot directly across the canal is also available from the same seller, creating an exceptional opportunity for buyers interested in acquiring both properties and maximizing their development potential. Seller financing is available, making this an attractive opportunity for investors, developers, or professional users seeking a well-located property with substantial frontage and future commercial potential.
Property details
- Type
- Commercial
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 10,890 sqft
- Acreage
- 0.25 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,786/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Not specified
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
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Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Waterfront
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.