1308-1326 SW 47th Terrace, Cape Coral, FL 33914

$2,625,000

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Sold Price
$2,625,000
List Price
$2,900,000
Listing Price
$2,900,000
Closing Date
Oct 09, 2026
Days on Market
178
MLS#
2026001340
County
Lee
Region
CC21 - Cape Coral Unit 3,30,44,6
Development
Cape Coral
Subdivision
Cape Coral
County
Lee
Region
CC21 - Cape Coral Unit 3,30,44,6

Property Description

Premium 3 Acre site on Cape Coral PKWY West, just East of Chiquita Blvd. Unquestionably the best and last remaining 3-acre Multifamily site in all of Cape Coral. The seller rezoned this parcel from RML to RMM thereby increasing the density from 16/DU per acre to 25/DU per acre. Utilities are in and ALL assessments have been paid. A city of Cape Coral site plan has been approved for 72 units on this site. This site is situated in the highest $$ demographic area in all of Cape Coral, less than a 5-minute drive to Cape Harbor and Tarpon Pointe to enjoy Rumrunners, Fathoms, High Tide Social, Gather, Next Door and the Westin!!! Also, a 1-minute drive to Lobster Lady and 239 Prime. Seller financing will be considered to a qualified buyer if needed.

Additional Information

Water
Assessment Paid, Public
Sewer
Assessment Paid, Public Sewer
Waterfront Description
None
Lot Size
3.005

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Listing courtesy of RE/MAX Trend. Selling Office: .