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Commercial Land with CP Zoning

523 SW 3rd Terrace, Cape Coral, FL 33991

For Sale
$179,800

Land, Cape Coral, FL

Property SizeContact for details
Lot Size0.36 Acres
Days on Market104

Property Features for 523 SW 3rd Terrace

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CC
Subdivision CAPE CORAL
Lot features Multiple Lots, Oversized Lot
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Directions Heading Pine Island to the West, Make a right on Nicolas. 3 blocks down is 3rd Terrace, make a right. Lot is to the right.
Standard status Active
APN 14-44-23-C4-01937.0330
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35
Tax Annual Amount 1698
Legal Description CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Palermo Real Estate LLC
Listed By: Rosy Palermo · License FL #277016568
Added: Aug 1 Changed: Nov 5 Last Checked: Nov 12 at 5:06PM
MLS# 2026026902

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 commercial land parcel comprises an oversized triple lot measuring approximately 15,725 square feet, or 0.361 acres, with about 133 feet along SW 3rd Terrace. The site carries Commercial Professional (CP) zoning and may support medical and dental offices, legal, accounting, insurance, financial, title, engineering, architectural, consulting, and real estate office uses, subject to City of Cape Coral approval.

Public water, public sewer, electric, cable, telephone, and irrigation are available, and utility assessments have been paid in full. The property is in Flood Zone X. It is positioned approximately three blocks south of the Pine Island Road and Nicholas Parkway commercial corridor, near businesses, restaurants, healthcare providers, fitness centers, banks, and national retailers. The adjoining commercial parcel is also available for potential assemblage, subject to verification of zoning, permitted uses, and development requirements with the City of Cape Coral.

Key Highlights

  • Approximately 15,725+/- square feet on a 0.361‑acre oversized triple lot
  • Approximately 133 feet of frontage along SW 3rd Terrace
  • Commercial Professional (CP) zoning

Property Analytics

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Suggested Use

Top Pick Law Firm Grocery & Convenience Store Daycare Center Locksmith (Bike/Boat/Book/etc) Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

725
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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Market

Properties on Market for Commercial land in Cape Coral

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - CP-zoned commercial site with public utilities and permitted professional-office use potential subject to municipal approval.
Where is this commercial land located?
The property is located at 523 SW 3rd Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $179,800.
What are key features of this property?
This property features: Approximately 15,725+/- square feet on a 0.361‑acre oversized triple lot; Approximately 133 feet of frontage along SW 3rd Terrace; Commercial Professional (CP) zoning
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