1617 SW 23RD TERRACE, CAPE CORAL, FL, 33991
Active175 days on marketListed May 16, 2026MLS #C7526129
About this home
1617 SW 23RD TERRACE
Prime Commercial Opportunity in Cape Coral’s Hottest Growth Corridor!!! LOCATION, LOCATION, LOCATION! This is your chance to secure a premium commercial vacant lots in one of Cape Coral’s fastest-growing and most dynamic areas. Perfectly positioned just off Veterans Parkway, this property boasts unbeatable visibility and easy access—ideal for launching or expanding your business! Strategic Placement Surrounded by thriving businesses, established residential communities, schools, and a senior center, this lot guarantees a consistent stream of foot traffic and customer engagement. Whether you're envisioning a retail storefront, office space, medical facility, or mixed-use development, the possibilities here are endless. Investor & Entrepreneur Goldmine Cape Coral is booming, and this location is at the heart of it all. With infrastructure, population, and demand on the rise, this is the kind of opportunity that savvy buyers look back on and say, “I’m glad I bought when I did.” Why Wait? Secure your stake in Cape Coral’s future today. This lot isn’t just land—it’s potential, promise, and profit.
Facts & features
The home at a glance
0.23 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,932 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,932/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33991 — neighborhood snapshot
Population
27,725
Median age
46.9
Median income
$84,470
Median home value
$390,300
Avg household
2.64
Households w/ children
2,600
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$358K → $415K
Cape Coral median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 24% below the CAPE CORAL 33991 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 1617 SW 23RD TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$279,000
1120 SE 23RD TERRACE · same community
3 bd · 2 ba · 1,116 sqft · $250/sqft · 55 DOM
Sold · Oct ’26$250,000
1149 NW 28TH AVENUE · same community
3 bd · 2 ba · 1,116 sqft · $224/sqft · 20 DOM
Sold · Jun ’26$285,000
2442 EMBERS PARKWAY W · same community
3 bd · 2 ba · 1,225 sqft · $233/sqft · 13 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1617 SW 23RD TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1617 SW 23RD TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1617 SW 23RD TERRACE FAQs
What would the monthly payment be for 1617 SW 23RD TERRACE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $1,932/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1617 SW 23RD TERRACE?+
The most recent tax bill on record (2025) was $1,975. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cape Coral?+
At $220,000, this home is listed about 48% below the Cape Coral median of $419,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1617 SW 23RD TERRACE?+
Mariner Middle School (middle), Mariner High School (high), Trafalgar Elementary School (elementary), Challenger Middle School (middle), Patriot Elementary School (elementary), Hector A. Cafferata Junior Elementary School (elementary), Skyline Elementary School (elementary), Cape Coral High School (high), Ida S. Baker High School (high), North Fort Myers High School (high), Island Coast High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the CAPE CORAL 33991 market on paper
$220,000 is 24% below the CAPE CORAL 33991 median of $289,000.
02Time on market is leverage
175 days on market against a Cape Coral median of 45 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Mariner Middle School, Mariner High School, Trafalgar Elementary School, Challenger Middle School, Patriot Elementary School, Hector A. Cafferata Junior Elementary School, Skyline Elementary School, Cape Coral High School, Ida S. Baker High School, North Fort Myers High School, Island Coast High School — Challenger Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of JOHN R. WOOD PROPERTIES · Nelson Rua. MLS #C7526129.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Cape Coral homes, in your inbox
Like 1617 SW 23RD TERRACE but not quite? A daily digest of every new listing in Cape Coral — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Cindy to ping you on any price or status change →