Ad #7953956
MLS #2026027499
Prime development opportunity in South Cape Coral. This entitled
430 SW 47th Terrace, Cape Coral, Florida, 33914
$895,000
--Beds
--Baths
--Sqft
0.688Acres
About this property
Prime development opportunity in South Cape Coral. This entitled land parcel is offered with approved plans for a mixed-use project featuring 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP (confirm with zoning for intended use), offering an ideal live-work scenario for residents. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. High rental demand and flexible use make this a standout investment opportunity, offering stable income potential through long-term residential and commercial leases. The property is deed-restricted under Florida's Live Local Bill, requiring 40% of units to be leased to individuals earning no more than 120% of the Area Median Income (AMI), which is $88,800 as of April 2024. Whether you're a developer or investor seeking to contribute to Cape Coral's workforce housing solutions while capturing long-term value, this property is ready for action. Buyers have options: 1) Acquire the entitled lot ($995,000) and building plans to build under their own contractor and financing 2) Use Curran Young and the current construction estimate: $250/sf. Pre-construction pricing is subject to change. Specifications, features, and availability may be modified prior to contract. Property is currently undeveloped and not subject to any lease or rental agreements. Buyer is responsible for securing any future tenants or rental arrangements.
Property Features
0 Beds
0 Baths
0 Sqft
0.688 Acres
$4,869 / yr property tax
Lee County
CAPE CORAL Community
Additional Photos
Contact Information
Kyle Doyon
Coast Life Properties LLC
616-638-9795
Location
Listing Agent: Kyle Doyon (License #: 487512970) 616-638-9795
Broker: Coast Life Properties LLC 616-638-9795 Listing Site
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.
Broker: Coast Life Properties LLC 616-638-9795 Listing Site
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.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$895,000
--
Beds
--
Baths
--
Sqft
430 SW 47th Terrace, Cape Coral, Florida, 33914
By contacting this agent you agree to these Terms and Conditions.
MLS# 2026027499
Prime development opportunity in South Cape Coral. This entitled
$895,000
430 SW 47th Terrace, Cape Coral, Florida, 33914
--
Beds
--
Baths
--
Sqft
0.688
Acres
$895,000
430 SW 47th Terrace, Cape Coral, Florida, 33914
-- Beds
-- Baths
-- Sqft
0.688 Acres
Prime development opportunity in South Cape Coral. This entitled land parcel is offered with approved plans for a mixed-use project featuring 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP (confirm with zoning for intended use), offering an ideal live-work scenario for residents. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. High rental demand and flexible use make this a standout investment opportunity, offering stable income potential through long-term residential and commercial leases. The property is deed-restricted under Florida's Live Local Bill, requiring 40% of units to be leased to individuals earning no more than 120% of the Area Median Income (AMI), which is $88,800 as of April 2024. Whether you're a developer or investor seeking to contribute to Cape Coral's workforce housing solutions while capturing long-term value, this property is ready for action. Buyers have options: 1) Acquire the entitled lot ($995,000) and building plans to build under their own contractor and financing 2) Use Curran Young and the current construction estimate: $250/sf. Pre-construction pricing is subject to change. Specifications, features, and availability may be modified prior to contract. Property is currently undeveloped and not subject to any lease or rental agreements. Buyer is responsible for securing any future tenants or rental arrangements.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.688 Acres
FINANCIAL & COMMUNITY
$4,869 / yr property tax
Lee County
CAPE CORAL Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
7953956
Viewed
199 times
Listing Status
Active
Added
Jun 24, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Florida Gulf Coast Multiple Listing Service, Inc.
Source Property ID
2026027499
Listing Agent: Kyle Doyon (License #: 487512970) 616-638-9795
Broker: Coast Life Properties LLC 616-638-9795 Listing Site
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.
Broker: Coast Life Properties LLC 616-638-9795 Listing Site
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.
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