Entitled Mixed-Use Development
For Sale
$1,895,000
570 NE 4th Terrace, Cape Coral, FL 33909
Land, Cape Coral, FL
Property SizeContact for details
Lot Size0.69 Acres
Days on Market54
Property Features for 570 NE 4th Terrace
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RD
Subdivision
CAPE CORAL
Lot features
Multiple Lots, Rectangular Lot
Standard status
Active
APN
12-44-23-C2-02378.0110
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 11 + 12
Tax Annual Amount
4831
Legal Description
CAPE CORAL UNIT 35 BLK 2378 PB 16 PG 103 LOTS 11 + 12
Listing Agency:
Coast Life Properties LLC
(239) 402-5581
Listed By:
Kyle Doyon · License #487512970
(616) 638-9795
Added: Jul 7
Changed: Aug 27
Last Checked: Aug 29 at 4:06PM
MLS# 2026029090
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 0.6887-acre undeveloped commercial land parcel includes approved plans for a mixed-use project combining 27 workforce housing units with 8 contractor suites. The proposed layout places living spaces above the commercial suites, with private stairways and a lockable connecting door that can support separate occupancy arrangements. The property is identified as zoned RD, with use confirmation required.
Located at 570 NE 4th Terrace in Cape Coral, the site lies within an Opportunity Zone and is positioned near public transportation, major highways, schools, parks, restaurants, and healthcare facilities. The project is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of area median income. The property is currently undeveloped and has no lease or rental agreements in place.
Located at 570 NE 4th Terrace in Cape Coral, the site lies within an Opportunity Zone and is positioned near public transportation, major highways, schools, parks, restaurants, and healthcare facilities. The project is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of area median income. The property is currently undeveloped and has no lease or rental agreements in place.
Key Highlights
- 0.6887‑acre undeveloped commercial land parcel in Cape Coral
- Approved plans for 27 workforce housing units and 8 contractor suites
- Proposed live‑work configuration with residences above commercial suites
Property Analytics
Property Profile
Current Use
Lease Details
8
Office units
27
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
Demographics for 33909, FL
33,063
Population
14,051
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
94%
High-School Grad
37.8 sq mi
ZIP Area
875
Density / Sq Mi
$79,096
Median Household Income
$39,912
Median Earnings
$1,773
Median Rent
$292,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans allow workforce residences alongside contractor-oriented commercial suites.
Where is this commercial land located?
The property is located at 570 NE 4th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 0.6887‑acre undeveloped commercial land parcel in Cape Coral; Approved plans for 27 workforce housing units and 8 contractor suites; Proposed live‑work configuration with residences above commercial suites
