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Last updated on April 29th, 2024

MultiFamily Corner Site on Gulf Access Canal

$1,100,000

1011 SW 47th Terrace, Cape Coral, Florida 33914


Land Size0.76 Acres
ZoningRML

Shovel ready! Positioned on a corner lot, this property boasts approximately 128’± feet of waterfrontage, providing captivating views of intersecting Gulf access canals, with the added advantage of an existing seawall in place. Developer’s dream with approved plans for a three-story, 12-unit condominium or apartment building, each 1,643± SF unit has 3 bedrooms and 2 bathrooms. Permits are ready for 7 boat docks, with 2 designed for larger vessels, and 2 floating docks, offering the potential to accommodate up to 13 boats. The prime location of this lot provides convenient access to nearby amenities, including dining establishments, shopping centers, beautiful beaches, and recreational opportunities.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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