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Cape Coral Multifamily Development Site

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

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

$2,900,000

Pending

For Sale

$2,900,000

Pending

LAND - Cape Coral, FL

Lot Size3.01 Acres

AddedJan 12

Days on Market184

Last RefreshJul 15 at 9:06 pm

Property Features for 1308-1326 SW 47th Terrace

General Information

Property type: Land
Property subtype: Other
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

Utilities

Sewer type: Public Sewer
Water source: Public

Listing agent Bob O'Connor License #258010321

Listing office RE/MAX Trend 1715 Cape Coral Pkwy W No. 14-16, Cape Coral, FL

Listing date Jan 12, 2026

MLS# 2026001340 Listing URL

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 Location Intelligence

Current Use by Public Records

Commercial land

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For sale
Commercial land
FL
Cape Coral
33914
1308-1326 SW 47th Terrace

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**.

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

LAND - Cape Coral, FL

Property Features for 1308-1326 SW 47th Terrace

General Information

Taxes and HOA fees

Utilities

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Retail/Flex/Office Building on Del Prado

Multi-Unit Professional Office Building

Two-Unit Mixed-Use Building

Professional Office with Canal Access

Restaurant Property with Fenced Yard

Leased Retail Building with New Roof

Entitled Mixed-Use Development Land

Well-Maintained Cape Coral Quadruplex

Entitled Mixed-Use Development Land

Mixed-Use Development Land

Cape Coral Commercial Land Available

Entitled Mixed-Use Development Land

FAQs