430 47Th Ter Sw, Cape Coral, FL 33914
For Sale $895,000
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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.
Taxes: $4,869.00
Tax Year: 2025
Y
Community Type: No Subdivision, Non- Gated
MLS Area: Cape Coral
Water: Assessment Paid
Short Sale: No
Date Listed: 2026-06-24 00:00:00
Irrigation: None
Restrictions: Deeded
Rear Exposure: Ne
Lot Desc.: Oversize
Listing Courtesy Of: Coast Life Properties Llc
2394025581
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 Details
Price: $895,000
City: Cape Coral
County: Lee
Type: Land
Development: Cape Coral
Acres: 0.6880
Virtual Tour/Floorplan: View
Listing Number: 2026027499
Status Code: A-Active
Taxes: $4,869.00
Tax Year: 2025
Application Fee: $0.00
Garage:
Financial Information:
Taxes: $4,869.00
Tax Year: 2025
View:
Y
Additional Information:
Community Type: No Subdivision, Non- Gated
MLS Area: Cape Coral
Water: Assessment Paid
Short Sale: No
Date Listed: 2026-06-24 00:00:00
Irrigation: None
Restrictions: Deeded
Rear Exposure: Ne
Lot Desc.: Oversize
Map of 430 47Th Ter Sw, Cape Coral, FL 33914
Listing Courtesy Of: Coast Life Properties Llc
2394025581