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 Market109
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: Oct 19
Last Checked: Oct 23 at 6:06PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 0.6887-acre parcel at 570 NE 4th Terrace is undeveloped, with approved plans for a mixed-use project comprising 27 workforce housing units and 8 contractor suites. The plans provide for private stair access between the suite and upper-level residence, with a door that can separate the two spaces for independent occupancy. The property is identified as RD-zoned; permitted uses should be confirmed.
The project is subject to a deed restriction under the Live Local Bill: 40% of units must be rented to households earning less than 120% of area median income. Cape Coral’s AMI was $88,800 as of April 2024. The land is in an Opportunity Zone. No leases or rental agreements are currently in place.
The project is subject to a deed restriction under the Live Local Bill: 40% of units must be rented to households earning less than 120% of area median income. Cape Coral’s AMI was $88,800 as of April 2024. The land is in an Opportunity Zone. No leases or rental agreements are currently in place.
Key Highlights
- 0.6887‑acre undeveloped parcel with approved mixed‑use plans
- Plans call for 27 workforce housing units and 8 contractor suites
- Private stairs connect upper‑level living space with contractor suites; a door allows separation
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans outline a residential and contractor-suite project on an undeveloped site.
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 parcel with approved mixed‑use plans; Plans call for 27 workforce housing units and 8 contractor suites; Private stairs connect upper‑level living space with contractor suites; a door allows separation
