About 566 Ne 4th Terrace
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!
Features of 566 Ne 4th Terrace
| MLS® # | A4697311 |
|---|---|
| Price | $45,000 |
| Acres | 0.24 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Listing Details
| Office | DALTON WADE INC |
|---|
Listing Map
Neighborhood Information for 566 Ne 4th Terrace
Growing Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Cape Coral Technical College Public - to |
1 Miles | |
|
Hector A. Cafferata Jr Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
A Little Piece Of Me Montessori Academy Private - Preschool to 8Th Grade |
1 Miles | |
|
|
Cape Coral Charter School Public - Preschool to 8Th Grade |
1 Miles | |
|
|
Cape Academy Private - 3Rd Grade to 12Th Grade |
2 Miles | |
|
|
Kid's World Preschool Inc Private - Preschool to Preschool |
2 Miles | |
|
North Nicholas High School Public - 9Th Grade to 12Th Grade |
2 Miles |
School data provided by GreatSchools