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Listed by
Bought with
Bought with
$ 55,000
Est. payment /mo
Active
566 NE 4TH TER Cape Coral, FL 33909
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral Sub
MLS Listing ID A4620746
HOA Y/N No
Annual Tax Amount $2,995
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 85x125
Property Sub-Type Commercial
Source Stellar MLS
Property Description
Cape Coral vacant land located. The land is located right in the middle of all the residential homes. Neighbors around with single homes built.
The vacant land is close to Pine Island Rd. Easy access to shopping area.
The zoning is called Opportunity Zone for low-income Community. This zoning is allowed to build Single Family residential homes. The only difference is the opportunity zone also allow investors to build investment property for low income families and take advantage of investment property tax benefit. Buyer, investor, or developer, feel free to get in touch with the county land planner if you have questions regarding the zoning. Buyer is responsible to do your own due diligence.
The seller is a foreign owner of a Florida LLC. The LLC is not capable of accepting closing funds. Closing will need involve with CPA assistance to accept funds and file FIRPTA. If buyer closing agent has CPA to work with, seller is willing to cooperate. If buyer closing agency cannot work with a CPA, it will need to use the seller selected closing agency.
The vacant land is close to Pine Island Rd. Easy access to shopping area.
The zoning is called Opportunity Zone for low-income Community. This zoning is allowed to build Single Family residential homes. The only difference is the opportunity zone also allow investors to build investment property for low income families and take advantage of investment property tax benefit. Buyer, investor, or developer, feel free to get in touch with the county land planner if you have questions regarding the zoning. Buyer is responsible to do your own due diligence.
The seller is a foreign owner of a Florida LLC. The LLC is not capable of accepting closing funds. Closing will need involve with CPA assistance to accept funds and file FIRPTA. If buyer closing agent has CPA to work with, seller is willing to cooperate. If buyer closing agency cannot work with a CPA, it will need to use the seller selected closing agency.
Location
State FL
County Lee
Community Cape Coral Sub
Area 33909 - Cape Coral
Zoning LAND
Exterior
Utilities Available Electrical Nearby, Electricity Available, Sewer Available, Sewer Nearby, Underground Utilities, Water Available, Water Nearby
Building
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
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