GREAT opportunity to own 0.23-acre FRESHWATER vacant residential lot in HERMOSA CANAL perpendicular to VERONA CANAL in NE Cape Coral for building your dream WATERFRONT home with ample space for a POOL! NORTHERN BACKYARD EXPOSURE to enjoy daily SUNRISES and SUNSETS with consistent lighting throughout the day! Want more? ASSESSMENTS are PAID OFF and you get CENTRAL WATER and SEWER in this rectangular shaped waterfront lot with 10,019 total sq ft (80 ft front/back by 126 ft length) allowing your creativity to design your DREAM home in SWFL PARADISE with space for indoor & outdoor living. Enjoy the residential neighborhood feel while staying conveniently close to essential amenities: restaurants, pharmacies, grocery stores, schools, and hospitals. This great location allows easy access to mother natures’ beauties and tons of recreational activities just a few minutes away! There are NO PROPERTY WARNING or NOTES and NO FLOOD INSURANCE needed upon construction 250 ft away from canal (LOW RISK flood zone X). Bring your PERSONAL WATERCRAFT and have fun in Cape Coral FRESHWATER WAYS! DO NOT miss out on this EXCEPTIONAL opportunity to invest in your ideal living space and for what the future holds for you! Act now securing this valuable property & make your vision a reality! Want GULF ACCESS for a boat or jet sky fun time? This property is close to PUBLIC BOAT RAMPS that will take you to Matlacha Pass, Sao Carlos Bay, and then GULF!!! Property is also close to Pine Island Rd, West-East corridor leading to I41 and I75 (North-South Bounds), giving you easy access to other cities and beaches north Venice, Siesta Key, Sarasota & south Fort Myers, Naples, Marco Island and Punta Gorda & SWFL International Airports!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Realty Team
Office Phone: (239) 242-2000
Listing Agent: Daniela Mitchell
Exterior Features
Exterior Information:
Waterfront: Canal
View: Canal, Water
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 0.23 Acres
Other
Directions Information:
Directions: GPS friendly :)
Price Information
Listing Price Info
Price Summary:
List Price: $95,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cape Coral, FL.
This property is $295K less than the Median Sold Price in Cape Coral, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224024078
Listing Office:
Office Name: RE/MAX Realty Team
Office Phone: (239) 242-2000
Listing Agent: Daniela Mitchell
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$542
Per Month
Principal & Interest
$475
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$351
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Hector A. Cafferata, Jr. Elementary School
250 Santa Barbara Blvd N
Distance between this listing and this school1.15 miles
Public District Grades KG-5
7
/10
Caloosa Elementary School
620 Del Prado Blvd S
Distance between this listing and this school1.20 miles
Public District Grades KG-5
7
/10
Diplomat Elementary School
1115 NE 16th Ter
Distance between this listing and this school2.15 miles
Public District Grades KG-5
Nearby Schools
3
/10
Caloosa Middle School
610 Del Prado Blvd S
Distance between this listing and this school1.25 miles
Public District Grades 6-8
5
/10
Mid Cape Global Academy
76 Mid Cape Ter
Distance between this listing and this school1.38 miles
Public Charter Grades PK-8
4
/10
Diplomat Middle School
1039 NE 16th Ter
Distance between this listing and this school2.13 miles
Public District Grades 6-8
Nearby Schools
1
/10
North Nicholas High School
428 SW Pine Island Rd
Distance between this listing and this school1.79 miles
Public Charter Grades 9-12
6
/10
North Fort Myers High School
5000 Orange Grove Blvd
Distance between this listing and this school2.70 miles
Public Magnet Grades 9-12
4
/10
Mariner High School
701 Chiquita Blvd N
Distance between this listing and this school3.05 miles
The neighbors living near this home have an average income of $48,848. Typical income of Cape Coral, FL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 101 NE 8th Terrace
What is the listing price of this property?
The listing price of 101 NE 8th Terrace property is $95,000.
What type of property is this?
The property 101 NE 8th Terrace is land located in Cape Coral, Florida, 33909.
Is this property for sale now?
Active Listing: 101 NE 8th Terrace is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 101 NE 8th Terrace in Cape Coral, FL and zip code 33909 in the Hancock neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since March 17, 2024 and is currently priced at $95,000.
In October 2024 more than 30 listings in Cape Coral, FL were sold above the asking price. During the same period more than 80 listings were sold at asking price, while more than 263 were sold below. Between September 2024 and October 2024, Cape Coral, FL real estate market has seen increase in the number of listings by 5%. While the average time on the market in October 2024 was 79 days, the median list price was $390,012.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Horse Races
Horse Races
Figure Skating
Mexican League Soccer
Stein Mart
Chico's
Burlington
LongHorn Steakhouse
Bob Evans
Church's Chicken
Buick
Oldsmobile
Chevrolet
Contemporary Inspirational
News
Urban Adult Contemporary