new - 7 days on rocket

508 SE 16th Ter, Cape Coral, FL, 33990

$89,000

0.29 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontBasin, Canal
ViewCanal
MLS #224098052
Lot Size0.29 Acres
StatusActive

About 508 SE 16th Ter

Not your ordinary homesite! This oversized freshwater homesite is 145 ft deep, which is 20ft more than the standard property, giving you more room for a pool. Conveniently located close to shopping, restaurants, parks, hospitals and more. Located on a 125ft wide intersecting canal just off a large basin. From your backyard navigate your kayak or boat on over 12 canals with miles of waterways. ALL ASSESSMENTS FOR WATER/SEWER ARE PAID! Surrounded by beautiful homes and many new ones under construction, making this a great spot to build your next home or as a future investment.

Property Details

Property Features

Listing Office:

  • Office Name: Century 21 Selling Paradise
  • Office Phone: (239) 542-5777
  • Listing Agent: Al Ferri

Exterior Features

Exterior Information:

  • Waterfront: Basin, Canal
  • View: Canal

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.29 Acres

Other

Directions Information:

  • Directions: North on Santa Barbara Blvd, right on SE 16th Ter, property is on the right just before the curve in the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000

Tax Information:

  • Annual Amount: $1,682
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

508 SE 16th Ter vs Cape Coral

7 DAYS ON ROCKET

-75 Days

$89,000

-$301K Less

KEY TAKEAWAY

This property is $301K 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: #224098052

Listing Office:

  • Office Name: Century 21 Selling Paradise
  • Office Phone: (239) 542-5777
  • Listing Agent: Al Ferri

IDX 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: 12/11/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 28, 2008Home Sold
$65,000
Aug 17, 2001Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,682$26,000
2019$1,684$27,951
2018$1,655$25,410
2017$1,602$25,033

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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.

Nearby Schools

school-card-donut-1769684
5
/10
  • Skyline Elementary School

  • 620 SW 19th St

  • 1.56 miles

  • Public District Grades KG-5

school-card-donut-1769685
6
/10
  • Patriot Elementary School

  • 711 SW 18th St

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-1769686
7
/10
  • Caloosa Elementary School

  • 620 Del Prado Blvd S

  • 1.99 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,717. The most common annual income of people living in Cape Coral, FL is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 SE 16th Ter

What is the listing price of this property?

The listing price of 508 SE 16th Ter property is $89,000.

What type of property is this?

The property 508 SE 16th Ter is land located in Cape Coral, Florida, 33990.

Is this property for sale now?

Active Listing: 508 SE 16th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,682 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 28, 2008 for $65,000. (source: MLS/tax record).

How much acreage is this property?

The property 508 SE 16th Ter is 0.29 acres.
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Rocket HomesFloridaLee CountyCape Coral33990508 SE 16th Ter

This home is located at 508 SE 16th Ter in Cape Coral, FL and zip code 33990 in the Hancock neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $89,000.

In November 2024 more than 39 listings in Cape Coral, FL were sold above the asking price. During the same period more than 77 listings were sold at asking price, while more than 210 were sold below. The number of listings in Cape Coral, FL increased by 11% between October 2024 and November 2024. Listings spent 82 days on the market in November 2024, and had a median list price of $390,028 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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