$1,298,000
 $6,968 est/mo Sourced by Back At You

148 Cape Coral Pkwy W,CAPE CORAL, FL 33914

CAPE CORAL, FL 33914

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Description

**Exceptional Multifamily Development Opportunity!** Rare chance to acquire a prime development site in one of Cape Coral's fastest-growing corridors. This property is planned for a **14-unit multifamily project** consisting of **two 7-unit buildings**, with significant pre-development work already completed. The project includes substantial engineering, planning, and entitlement progress, offering a valuable opportunity for developers looking to accelerate the development process. Ideally located on Cape Coral Parkway West, the property is just minutes from Cape Harbour, Tarpon Point Marina, shopping, restaurants, entertainment, and provides convenient access to the Cape Coral Bridge and Fort Myers.This property is ideally positioned to meet the growing demand for quality multifamily housing in Southwest Florida. A comprehensive Offering Memorandum (OM), including project details, development status, engineering progress, and additional supporting information, is available in the Listing Attachments section of the MLS.Buyers and their representatives are encouraged to review all attached documents and verify all information with the City of Cape Coral regarding zoning, permitted uses, approvals, and development requirements.

Details

MLS #2026030826
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site28
Listing Provided ByRealty 365 Inc | Yelina Gonzalez

Features

ZoningR3-D
Acreage0.92
Water FrontYes
Property ViewYes

Interior

Rooms Total0
Fireplace Yes / NoNo

Exterior

Lot FeaturesOversize

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Utilities

UtilitiesSewer Connected, Water Connected

Taxes

Tax Annual Amount2964.35
Tax Block163
Tax Legal DescriptionCAPE CORAL UNIT 3 BLK 163 PB 12 PG 71 LOTS 6 + 7
Tax Year2025

Area Information

StateFL
CountyLee
CityCAPE CORAL
Zip Code33914
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$1,298,000
low | high
Med:
$369,900
100% of Average
On site:
28
low | high
Med:
12
100% of Average
Sourced by Back At You

Market Activity 33914

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Learn More About This Property

StateFL
CountyLee
CityCAPE CORAL
Zip Code33914
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$1,298,000
low | high
Med:
$369,900
100% of Average
On site:
28
low | high
Med:
12
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $973K - $1.622M
sqft: 0 - 0
Listing Updated: August 5, 2026 at 8:24:48 AM PDT