Sell your Cape Coral, FL lot
A vacant Cape Coral lot may carry a city utility assessment, and under the amortized plan it usually stays with the property when you sell. Call the city's UEP line, read your tax bill, and check recent sales. Then compare a listing with a cash sale.
Request an offerWhat can I do this week to sell my Cape Coral lot?
This week, you can check five things about a Cape Coral lot.
- Utility assessment. Call the city's UEP line at 1-833-227-3837 to learn what applies to your lot.
- Tax bill. Your Lee County tax bill shows the parcel number and any non-ad valorem assessments. Unpaid balances: see tax-delinquent land.
- Sold lot prices. Search the Lee County Property Appraiser site at leepa.org. A parcel page has a "Sales / Transactions" section.
- Flood zone. The FEMA Flood Map Service Center at msc.fema.gov lets you enter an address to find a flood map. Buyers and lenders ask for the zone.
- Septic or sewer. The Florida Department of Health in Lee County runs Septic Online Services for lots on septic.
How does the Cape Coral utility assessment affect a lot sale?
Under the amortized payment option, the Cape Coral assessment usually stays with the property, so the buyer inherits it. The city's FAQ says "The assessment continues to be assessed against the property regardless of the owner."
Cape Coral runs a Utilities Extension Project, called UEP. It brings city water, sewer and irrigation to areas that never had them. The city says it has extended utilities to nearly all of Cape Coral south of Pine Island Road and is working north.
The city lists prepayment and amortized plans over 20, 25 or 30 years, depending on the project. Amortized assessments appear on the property tax bill.
The FAQ also says some banks and other lending institutions may require payment in full. Ask the buyer's lender and the title company early. Undeveloped parcels must connect to water and sewer before a Certificate of Occupancy.
What else do Cape Coral buyers ask about?
Cape Coral buyers also ask about three other items.
- Flood zone and wetlands near canals. See wetland-restricted property.
- Title issues from old ownership. See land without clear title.
- Which UEP area the lot sits in, and whether an assessment is pending.
How did Cape Coral get so many lots?
Baltimore developers Leonard and Jack Rosen and their partners bought a large Lee County tract in 1957 and began development in 1958. Their company, Gulf American Land Corporation, sold lots at dinner-party presentations.
Should I list my Cape Coral lot or sell it for cash?
A listing suits an owner who can wait for a buyer who accepts the assessment, while a cash sale closes faster with no commission.
Compare both routes with the net proceeds calculator and read cash sale vs listing land.
Who buys Cape Coral lots for cash?
Liberty Acres is a family-owned land company. We buy land anywhere in the US, in any condition, and close through a title company. We pay back taxes and all closing costs, with no agents and no commissions. We can close in as little as 14 days. Most sales close within a few weeks to a few months, once the title work is done.
Common questions
Do I have to pay the city utility assessment before I sell?
Not always. The city says that under the amortized option you typically do not have to pay it off when you sell. Some lenders may require payment in full, so ask the city and your title company.
Can I sell a Cape Coral lot if I live out of state?
Liberty Acres buys land anywhere in the US and closes through a title company, in as little as 14 days. Most sales close within a few weeks to a few months, once the title work is done. Send us the county and parcel number.
Does Liberty Acres buy canal lots and dry lots?
Liberty Acres buys land in any condition, including vacant lots in large subdivisions.
Who do I call about my Cape Coral utility assessment?
Call the city's UEP line at 1-833-227-3837 (833-CAPE-UEP).