Upscale Development Site
For Sale
$700,000
1500 SW 5th St, Cape Coral, FL 33991
Prime commercial land for development in Cape Coral, Florida.
Days on Market100
Property Features for 1500 SW 5th St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2024
Listing Agency:
W Dean Pulley PA
(239) 851-1093
Listed By:
W. Dean Pulley · License #252010683
(239) 851-1093
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 7:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of W Dean Pulley PA
Investment Insights
Based on property information with market context.
This commercial land presents an opportunity for upscale development, benefiting from exposure, access, utilities, rooftops, and views. The location is experiencing a surge in new housing, with 444 upscale units under construction across SW 5th Street. The property benefits from high traffic counts on Chiquita Boulevard and is slated to be the first traffic light north of the Chiquita/Pine Island intersection. Its lakefront position makes it suitable for medical exam or dental suites. Access is facilitated by a turn lane on Chiquita and ample space for a driveway cut on SW 5th Street. Zoned C1 Commercial, the site has city sewer, water, and irrigation in place. The location has a bike score of 38, indicating it is somewhat bikeable, and a walk score of 46, suggesting car dependence.
Key Highlights
- Prime location for upscale development with high housing density potential.
- Lakefront location ideal for medical or dental suites.
- High traffic count on Chiquita Boulevard with planned traffic light.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land for development in Cape Coral, Florida.
Where is this commercial land located?
The property is located at 1500 SW 5th St 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: Prime location for upscale development with high housing density potential.; Lakefront location ideal for medical or dental suites.; High traffic count on Chiquita Boulevard with planned traffic light.
