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1011 SW 47th Ter - Multifamily Corner Site | Gulf Access Canal

0.76 Acres of Residential Land Offered at £632,008 in Cape Coral, FL 33914

Investment Highlights

  • Prime SW Cape Location
  • Assessments Paid
  • 128’± Frontage on Gulf Access Canal
  • Plans Approved for 12-Unit Condominium or Apartments with Boat Docks (subject to adjustment for the Building Codes change)

Executive Summary

Overlooking intersecting Gulf-access canals, this corner lot boasts 128± feet of waterfront with the added advantage of an existing seawall. The sale includes plans for a three-story, 12-unit condominium or apartment building, each 1,643± SF unit has 3 bedrooms and 2 bathrooms. The plans also include 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.

Property Facts

Price £632,008
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.76 AC

1 Lot Available

Lot

Price £632,008
Price Per AC £831,589
Lot Size 0.76 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-45-23-C3-03339.0490
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£315,048

zoning

Zoning Code RML (Residential MultiFamily Low (City of Cape Coral))
RML (Residential MultiFamily Low (City of Cape Coral))
  • Listing ID: 31322028

  • Date on Market: 25/03/2024

  • Last Updated:

  • Address: 1011 SW 47th Ter, Cape Coral, FL 33914

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