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Multi-Family Development Land
For Sale
$795,000

718 Southeast 7th Street, Cape Coral, FL 33990

Land assembly of lots #21-29 offers water, sewer, and dual irrigation systems for up to 17 units.

Property SizeContact for details
Days on Market487

Property Features for 718 Southeast 7th Street

General Information

Standard status Active
Property subtype Lot & Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,526

Amenities

No
Included In Assessment
Non Gated
Listing Agency: Properties in Paradise Real Estate, LLC
Listed By: Joella Consolazio · License #258019529
Source: Compass
Added: Apr 15, 2025 Changed: Aug 8 Last Checked: Mar 25 at 5:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Properties in Paradise Real Estate, LLC

Investment Insights

Based on property information with market context.

An expansive multi-family development land assembly is available, formed by lots #21 through #29. The parcel configuration is presented to support a maximum build out of 17 units when fully utilized.

The property includes water and sewer service, along with dual irrigation systems that are described as nearly paid off. According to the public remarks, the site is located in close proximity to city hall, shopping centers, and restaurants.

This offering is positioned as a single-assembly opportunity suitable for large-scale project planning, with the combined acreage noted as over 1 acre.

Key Highlights

  • Land assembly includes lots #21‑29
  • Available for multi‑family projects with build‑out up to 17 units
  • Over 1 acre of land included in the assembly

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center Nail Salon

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,902
Businesses Nearby

Demographics for 33990, FL

32,717
Population
15,483
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
3,518
Density / Sq Mi
$70,278
Median Household Income
$38,588
Median Earnings
$1,643
Median Rent
$330,500
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?
Residential land & home lot - Land assembly of lots #21-29 offers water, sewer, and dual irrigation systems for up to 17 units.
Where is this residential land & home lot located?
The property is located at 718 Southeast 7th Street Cape Coral, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Land assembly includes lots #21‑29; Available for multi‑family projects with build‑out up to 17 units; Over 1 acre of land included in the assembly
More about this property
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