Premium 3 Acre site on Cape Coral PKWY West, just East of

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Acreage For Sale

1308-1326 SW 47th Terrace

Cape Coral, Florida 33914

Lee County

Community: CAPE CORAL

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$2,900,000 3.005 acres

Premium 3 Acre site on Cape Coral PKWY West, just East of Chiquita Blvd. Unquestionably the best and last remaining 3-acre Multifamily site in all of Cape Coral. The seller rezoned this parcel from RML to RMM thereby increasing the density from 16/DU per acre to 25/DU per acre. Utilities are in and ALL assessments have been paid. A city of Cape Coral site plan has been approved for 72 units on this site. This site is situated in the highest $$ demographic area in all of Cape Coral, less than a 5-minute drive to Cape Harbor and Tarpon Pointe to enjoy Rumrunners, Fathoms, High Tide Social, Gather, Next Door and the Westin!!! Also, a 1-minute drive to Lobster Lady and 239 Prime. Seller financing will be considered to a qualified buyer if needed.

  • Lot Size: 3.005 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $8,296
  • MLS #: 2026001340
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Contact Information:
Beach Acreage For Sale in Cape Coral, Florida
Listing Agent: Bob O'Connor, CLC Real Estate Corp, 239-410-7183, 239-541-1661 Listing Site, Listing Status: Active
Copyright © 2025 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.
Ad Number: 7189694
Viewed 7 times.
Updated: Feb 04, 2026

This property is a Acreage located at 1308-1326 SW 47th Terrace, Cape Coral, Florida 33914, and is currently For Sale at $2,900,000.