2120 NE 8th Place
Cape Coral, FL 33909
0.23Acre(Lot)
Prime Development Opportunity – Approved Duplex Lot with Up to 8 Units Potential Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation. Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs. This property offers excellent potential for multi-unit income generation in a market with increasing d
Property Details
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Map
What's Nearby
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Features
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Lot Information
Lot Dimensions: 80 x 125 x 80 x 125 Main Square Feet: 0.23 Lot Size Acres: 0.23 Lot Size Source: Appraiser Lot Description: RectangularLotProperty Information
Subdivision: CAPE CORAL Source Property Type: Land Zoning Description: R3-D Property SubType: Residential Direction Faces: East
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Listing Price Information
Listing Price: $98900AllFinancingConsidered, Cash
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Tax Information
Parcel Number: 31-43-24-C1-02162.0710 Tax Lot: 71 Tax Block: 2162 Tax Year: 2025 Annual Tax: $3549.27 Tax Legal Desc: CAPE CORAL UNIT 32 BLK.2162 PB 16 PG 8 LOTS 71 + 72
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Homeowners Association Information
Included Fees: NoneAssociation Amenities: NoneCommunity Features: None, SeeRemarks
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Utility Information
None -
Location Information
Direction: From Pine island go north on Andalusia Blvd. - East on NE 21st. Ter- North (left) on NE 8th place - Second parcel on your left. WaterSource: AssessmentUnpaid
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2123 NE 27th Ter, Cape Coral, FL, 33909 | $25,000 | -- | -- | -- | Acres (Lot)-- |
| 1402 NE 14 Ave, Cape Coral, FL, 33909 | $61,000 | -- | -- | -- | Acres (Lot)-- |
| 2513 NE 9th Ave, Cape Coral, FL, 33909 | $470,000 | -- | -- | -- | 24,000 Sqft(Lot) |
| 3905 NE 9th Avenue, Cape Coral, FL, 33909 | $46,000 | -- | -- | -- | 10,625 Sqft(Lot) |
| 3239 NE 9 Avenue, Cape Coral, FL, 33909 | $41,000 | -- | -- | -- | 10,625 Sqft(Lot) |
| 1616 Andalusia Boulevard, Cape Coral, FL, 33909 | $75,000 | -- | -- | -- | 12,000 Sqft(Lot) |
| 3417 Andalusia Blvd, Cape Coral, FL, 33909 | $75,000 | -- | -- | -- | 14,326.88 Sqft(Lot) |
| 2106 NE 2nd Street, Cape Coral, FL, 33909 | $160,000 | -- | -- | -- | 10,455 Sqft(Lot) |
| 1724 Andalusia Boulevard, Cape Coral, FL, 33909 | $85,000 | -- | -- | -- | 18,000 Sqft(Lot) |
| 1623 NE 17th St, Cape Coral, FL, 33909 | $69,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 06/15/2026 @ 11:40
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