Cape Coral Multifamily Development
For Sale
$2,900,000
Pending
1308-1326 SW 47th Terrace, Cape Coral, FL 33914
Land, Cape Coral, FL
Property SizeContact for details
Lot Size3.01 Acres
Days on Market231
Property Features for 1308-1326 SW 47th Terrace
General Information
Property type
Land
Property subtype
Other
Zoning description
RMM
Subdivision
CAPE CORAL
Lot features
Oversized Lot, Acreage
Standard status
Pending
APN
10-45-23-C4-03377.0260
Lot size
3.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAPE CORAL UNIT 65 BLK 3377 PB 21 PG 152 LOT 26 THRU 49 + 10 FT VAC OR 2101/4801
Tax Annual Amount
8296
Legal Description
CAPE CORAL UNIT 65 BLK 3377 PB 21 PG 152 LOT 26 THRU 49 + 10 FT VAC OR 2101/4801
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
RE/MAX Trend
(239) 541-1661
Listed By:
Bob O'Connor · License #258010321
(239) 410-7183
Added: Jan 12
Changed: Aug 19
Last Checked: Aug 31 at 2:06PM
MLS# 2026001340
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a 3.005-acre site located on Cape Coral Parkway West, east of Chiquita Boulevard, in Cape Coral, Florida. The property is zoned RMM, allowing for a density of 25 dwelling units per acre. A city-approved site plan is in place for 72 units. Utilities are available, and all assessments have been paid. Situated in a high-value demographic area, the site is located less than 5 minutes from Cape Harbor and Tarpon Pointe, offering access to dining and entertainment venues. It is also a 1-minute drive to Lobster Lady and 239 Prime. Seller financing may be available to qualified buyers.
Key Highlights
- Premium 3‑acre multifamily site on Cape Coral Parkway West, the last remaining of its kind.
- Rezoned to RMM, increasing density to 25 units per acre.
- City‑approved site plan for 72 units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Premium 3-acre multifamily development site in Cape Coral, Florida.
Where is this commercial land located?
The property is located at 1308-1326 SW 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Premium 3‑acre multifamily site on Cape Coral Parkway West, the last remaining of its kind.; Rezoned to RMM, increasing density to 25 units per acre.; City‑approved site plan for **72 units**.
