For Sale Lot / Land MLS# 2026026902

523 SW 3rd TER

CAPE CORAL, FL 33991

$179,800

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About 523 SW 3rd TER

Exceptional Commercial Professional (CP) development opportunity in one of Cape Coral's fastest-growing commercial districts. This 15,725± square foot (0.36-acre) oversized triple lot offers approximately 133 feet of frontage along SW 3rd Terrace, providing outstanding visibility and flexibility for site design. Ideally located approximately three blocks south of the Pine Island Road and Nicholas Parkway commercial corridor, the property is surrounded by established businesses, restaurants, healthcare providers, fitness centers, banks, and national retailers, creating excellent convenience for customers and employees alike. Zoned Commercial Professional (CP), the property is well suited for medical and dental offices, attorneys, accountants, insurance agencies, financial services, title companies, engineering and architectural firms, consulting businesses, real estate offices, and other professional office uses, subject to City of Cape Coral approval. Central water, sewer, electric, cable, telephone, and irrigation are available, with all utility assessments paid in full. Located in Flood Zone X, this site offers additional appeal for future development. The adjoining commercial parcel is also available, creating a unique opportunity for assemblage and expanded development. Whether you're an owner-user, investor, or developer, this property presents an outstanding opportunity to establish or expand your business in one of Cape Coral's most active commercial corridors. Buyer to verify all zoning, permitted uses, and development requirements with the City of Cape Coral.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.361
Original price
$184,888
MLS #
2026026902

Exterior & lot

Lot
City, View, CC, CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35, 14-44-23-C4-01937.0330, 10-Vacant Commercial, None/Other
View
City

Schools

District
Lee County School District

Utilities

Utilities
Assessment Paid, Central, Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity on Property
Water
Assessment Paid, Central

Financial

Financial
Florida Gulf Coast
Annual tax
$1,709
Tax year
2025
Parcel
14-44-23-C4-01937.0330
Legal
CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35

Location

Subdivision
CAPE CORAL
Area
CAPE CORAL
County
Lee
Community
Lee, Paved, 0.0, Florida Gulf Coast

Location

Neighborhood
CAPE CORAL
School district
Lee County School District

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Listed by Rosy Palermo, Palermo Real Estate LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.