3746 NE 16th Avenue
Cape Coral, FL, 33909 $ 48,750
Baths0.0 Monthly Estimate*
$ 300
Studio for $48,750. The lot size is 0.236.
This is a great opportunity to secure a BUILDING SITE in a desirable section of NE Cape Coral, surrounded by newer homes both next door and across the street. The property is PARTIALLY CLEARED AND READY TO BUILD, saving you time and expense in site preparation. Another key advantage is that the property is NOT LOCATED IN A FLOOD ZONE, providing peace of mind for homeowners and helping reduce long-term ownership costs. With its SOUTHWEST EXPOSURE, this homesite is perfect for enjoying warm afternoon light and spectacular evening skies, creating the ideal backdrop for outdoor living, poolside relaxation, and unforgettable Florida sunsets. Location adds even more appeal. Situated in the Northeast Cape, this site offers a residential neighborhood feel while still being just minutes from shopping, dining, schools, and parks. Quick access to Pine Island Road connects you easily to Fort Myers, Punta Gorda, and beyond, making it convenient for both work and play. The surrounding neighborhood is attractive and well-kept, supporting long-term value and offering a welcoming setting for your new home. According to the City of Cape Coral, this property is located within the N8 UTILITY EXPANSION PROJECT, which at the time of listing the property is labeled “TO BE DETERMINED.” Buyers are encouraged to confirm details directly with the City of Cape Coral, but the planned designation for future utility improvements is another factor that enhances long-term investment potential in this area. Recreational amenities are plentiful nearby, with golf courses, community parks, and boat ramps just minutes away. From this location, you can enjoy a day on the water exploring the GULF OF AMERICA, go fishing, or take a short drive to the white-sand beaches of SANIBEL, CAPTIVA, AND FORT MYERS BEACH. Living here means being part of one of Florida’s fastest-growing cities, with a lifestyle defined by sunshine, water, and year-round outdoor enjoyment. Whether you are ready to build now or prefer to hold the property as a future investment, this homesite in NE Cape Coral offers the features buyers want most—a partially cleared lot, a prime location among newer homes, no flood zone designation, southwest exposure, and future city utilities. Bring your builder, your blueprints, and your vision. The perfect opportunity to create your own piece of paradise is waiting right here. Call your Realtor today! For the convenience of all parties, Encore! Realty Services requests that all offers be submitted in writing on the most recent Florida Realtors Vacant Land Contract and accompanied by proof of funds. No verbal offers will be accepted.
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FeaturesGeneralSewer None
Utilities Other SewerNotAvailable WaterNotAvailable
Possession CloseOfEscrow
HOA Fee 0.0
Association Fee Includes None
View Landscaped
Property Subtype Residential
Tax Year 2024
Current Use SingleFamily
Development Name CAPE CORAL
Waterfront Features None
Community Features BoatFacilities NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Land
Association Amenities None
HOA N
Attached Garage N
Subdivision Name CAPE CORAL
Facing Direction Northeast
Garage Y/N N
Status Active
Directions Take Santa Barbara Blvd FL-78 E/NE Pine Island Rd and Del Prado Blvd N to Averill Blvd. Continue on Averill Blvd. Take S Gator Cir and NE 37th St to NE 16th Ave.
City Cape Coral
Disclosures RvRestrictions
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R1-D
MLS Area CC32 - Cape Coral Unit 84-88
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 759.99
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025009151
Standard Status Active
Tax Lot 40 + 41
Property Sub Type Additional Residential UnimprovedLand
Legal Description CAPE CORAL UNIT 87 BLK 5742 PB 24 PG 69 LOTS 40 + 41
HOA Fee 3 0.0
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ExteriorLot Features OversizedLot
Water Source None None
Lot Size Area 0.236
Horses N
Spa N
Irrigation/Water Rights N
Lot Dimensions 85 x 125 x 80 x 125
Lot Size Acres 0.236
Road Surface Type Paved
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded FeaturesList ByPaula HellenbrandListing Agent
Encore Realty Services IncBroker
paula@encorerealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $300
- Monthly Property Taxes
- $63
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Cape Coral, FL
Average List Price $148,049
Percent of Sale Price 204%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/26/2025 | $48,750 | | Listed Price |