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Lakefront Commercial Land
For Sale
$700,000

1500 SW 5th Street, Cape Coral, FL 33991

CommercialSale, Cape Coral, FL

Property SizeContact for details
Lot Size1.30 Acres
Days on Market868

Property Features for 1500 SW 5th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description C1, MF
Directions Pine Island Road to Chiquita Boulevard. North on Chiquita, second right on SW 5th Street @ turn lane
Subdivision CC41 - Cape Coral Unit 37-43, 48, 49
Standard status Active
APN 15-44-23-C4-03661.0490
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description CAPE CORAL UNIT 49 BLK.3661 PB 17 PG 149 LOTS 57 THRU 49
Tax Annual Amount 15486
Legal Description CAPE CORAL UNIT 49 BLK.3661 PB 17 PG 149 LOTS 57 THRU 49

Utilities

Water front features Lake
Water front 1

Building Details

Year built 2024
Listing Agency: W Dean Pulley PA
Listed By: W. Dean Pulley · License #252010683
Added: May 10, 2024 Changed: Aug 26 Last Checked: Sep 24 at 3:06PM
MLS# 224042252

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 1.3-acre commercial land parcel is designated C1 Commercial and sits along a lake in Cape Coral. City sewer, water, and irrigation are already in place, supporting future site planning without the need to extend those services to the property.

Access is available from Chiquita Boulevard, which includes a turn lane, while SW 5th Street provides additional frontage and room for a driveway connection. The parcel is positioned near the Chiquita Boulevard and Pine Island intersection, with a surrounding residential expansion that includes 444 new upscale units leasing across SW 5th Street. The site’s lake setting and commercial zoning support consideration for a range of commercial development concepts.

Key Highlights

  • 1.3‑acre commercial land parcel
  • C1 Commercial zoning
  • Lake waterfront location

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 33991, FL

26,381
Population
11,563
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,061
Density / Sq Mi
$82,927
Median Household Income
$41,773
Median Earnings
$1,914
Median Rent
$351,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - C1-zoned commercial land with lakefront positioning and city utilities already in place.
Where is this commercial land located?
The property is located at 1500 SW 5th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1.3‑acre commercial land parcel; C1 Commercial zoning; Lake waterfront location
More about this property
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