Commercial Land with Mixed-Use
For Sale
$745,000
430 SW 47th Terrace, Cape Coral, FL 33914
Land, Cape Coral, FL
Property SizeContact for details
Lot Size0.69 Acres
Days on Market120
Property Features for 430 SW 47th Terrace
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
CP
Subdivision
CAPE CORAL
Lot features
Multiple Lots, Oversized Lot
View
City
Standard status
Active
APN
11-45-23-C4-01700.0390
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CAPE CORAL UNIT 44 BLK 1700 PB 21 PG 106 LOTS 39 THRU 44
Tax Annual Amount
4869
Legal Description
CAPE CORAL UNIT 44 BLK 1700 PB 21 PG 106 LOTS 39 THRU 44
Listing Agency:
Coast Life Properties LLC
(239) 402-5581
Listed By:
Kyle Doyon · License #487512970
(616) 638-9795
Added: Jun 23
Changed: Oct 19
Last Checked: Oct 20 at 4:06PM
MLS# 2026027499
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.
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Investment Insights
Based on property information with market context.
This 0.688-acre commercial parcel is undeveloped and comes with approved plans for a mixed-use project comprising 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP. No leases or rental agreements are currently in place, so future tenant arrangements would be the buyer’s responsibility.
The property is in South Cape Coral and is subject to a deed restriction under Florida’s Live Local Bill. The restriction requires 40% of the units to be leased to individuals earning no more than 120% of Area Median Income; the stated threshold is $88,800 as of April 2024. Buyers may acquire the parcel and plans for construction with their own contractor and financing.
The property is in South Cape Coral and is subject to a deed restriction under Florida’s Live Local Bill. The restriction requires 40% of the units to be leased to individuals earning no more than 120% of Area Median Income; the stated threshold is $88,800 as of April 2024. Buyers may acquire the parcel and plans for construction with their own contractor and financing.
Key Highlights
- Approved plans for 39 workforce housing apartments and 8300 sq ft of commercial space
- 0.688‑acre undeveloped parcel, zoned CP
- Florida Live Local Bill deed restriction requires 40% of units to serve individuals earning no more than 120% of AMI
Property Analytics
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Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
392
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans call for workforce apartments alongside commercial space on an undeveloped parcel.
Where is this commercial land located?
The property is located at 430 SW 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Approved plans for 39 workforce housing apartments and 8300 sq ft of commercial space; 0.688‑acre undeveloped parcel, zoned CP; Florida Live Local Bill deed restriction requires 40% of units to serve individuals earning no more than 120% of AMI
