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Commercial Land Zoned CP
New
For Sale
$184,888

523 SW 3rd Terrace, Cape Coral, FL 33991

COMMERCIAL - Cape Coral, FL

Lot Size0.36 Acres
Days on Market2

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
View City
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 2025
Tax Description CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35
Tax Annual Amount 1709
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 #277016568
Added: Aug 1 Last Checked: Aug 2 at 8:06PM
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.

Investment Insights

Based on property information with market context.

Commercial land zoned Commercial Professional (CP), offering an oversized triple lot totaling 0.36-acre (15,725+/- SF). The property provides approximately 133 feet of frontage along SW 3rd Terrace, supporting flexible site design and strong visibility.

Situated approximately three blocks south of the Pine Island Road and Nicholas Parkway commercial corridor, the site is surrounded by established businesses including restaurants, healthcare providers, fitness centers, banks, and national retailers. Central water and public sewer are available, along with electric, cable, telephone, and irrigation, with all utility assessments paid in full. The property is located in Flood Zone X.

The adjoining commercial parcel is also available, creating an opportunity for assemblage and expanded development. Uses for medical and dental offices, attorneys, accountants, insurance agencies, financial services, title companies, engineering and architectural firms, consulting businesses, real estate offices, and other professional office uses are indicated as suitable subject to City of Cape Coral approval. Buyer should verify all zoning, permitted uses, and development requirements with the City of Cape Coral.

Key Highlights

  • 0.36‑acre oversized triple lot totaling 15,725+/- SF
  • Approximately 133 feet of frontage along SW 3rd Terrace
  • Zoned Commercial Professional (CP)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Daycare Center Dental Office Grocery & Convenience Store

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

314
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land zoned Commercial Professional (CP) with public water and sewer and a 133-foot frontage for flexible site design.
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 $184,888.
What are key features of this property?
This property features: 0.36‑acre oversized triple lot totaling 15,725+/- SF; Approximately 133 feet of frontage along SW 3rd Terrace; Zoned Commercial Professional (CP)
More about this property
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