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

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Sold Price
$2,625,000
List Price
$2,900,000
Closing Date
Oct 09, 2026
MLS#
2026001340
Status
CLOSED
Type
Land
Subtype
Land
County
Lee
City
Cape Coral
Neighborhood
Cape Coral

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

Sewer
Assessment Paid, Public Sewer

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The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .