523 SW 3rd Terrace Cape Coral, FL $ 195,000
523 SW 3rd Terrace
$ 195,000
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523 SW 3rd Terrace

Cape Coral, FL, 33991
$ 195,000
Baths0.0

Monthly Estimate*

$ 1,201

523 SW 3rd Terrace, Cape Coral, FL 33991 - Image 1
523 SW 3rd Terrace, Cape Coral, FL 33991 - Image 2
523 SW 3rd Terrace, Cape Coral, FL 33991 - Image 3
523 SW 3rd Terrace, Cape Coral, FL 33991 - Image 4
523 SW 3rd Terrace, Cape Coral, FL 33991 - Image 5
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Studio

Lots and Land for sale in Cape Coral, FL

for $195,000. The lot size is 0.361.

Prime commercial opportunity in a growing section of Cape Coral. This rare triple lot—totaling 15,000 sq ft—located at 523 SW 3rd Terrace offers excellent visibility and easy access just minutes from the high-traffic corridor of Pine Island Road and Nicholas Parkway. Designated Commercial Professional (CP), the property is ideally suited for office, medical, professional services, or a variety of low-intensity commercial uses. All utilities are available, including Central Water, Sewer, and Irrigation, with assessments paid in full. The surrounding area is well-established with businesses such as Crunch Fitness and Dunkin’, and close to major retailers including Office Depot, Kohl’s, Walmart, and nearby healthcare services—creating strong consumer and employee convenience. The property is also located outside of any designated flood zone. A highly desirable oversized site offering exceptional development flexibility in one of Cape Coral’s most active commercial districts.

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Lots and Land Active

Price

$ 195,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,658

Style

Commercial

Lot Size

0.361

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025023401

Features
General
Sewer Assessment Paid Public Sewer
Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
HOA Fee 0
Association Fee Includes None
View City
Property Subtype Commercial
Tax Year 2025
Current Use Commercial
Waterfront Features None
Community Features None
HOA Fee 2 0
County Lee
Property Type Land
Subdivision Name CAPE CORAL
Facing Direction South
Possible Use Office
Status Active
Directions Heading Pine Island to the West Make a right on Nicolas. 3 blocks down is 3rd Terrace make a right. Lot is to the right.
City Cape Coral
Disclosures Agent has Financial Interest Owner Is Listing Agent
Land Lease Amount 0
Senior Community Y/N false
Zoning Description CC
MLS Area CC23 - Cape Coral Unit 28 29 45 62 63 66 68
Lot Size Units Acres
Tax Annual Amount 1658
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025023401
Standard Status Active
Tax Lot 33
Property Sub Type Additional Commercial Unimproved Land
Legal Description CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35
HOA Fee 3 0
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Exterior
Lot Features Multiple lots Oversized Lot
Water Source Assessment Paid Public
Lot Size Area 0.361
Lot Dimensions 133 x 125 x 118 x 125
Lot Size Acres 0.361
Road Surface Type Paved
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Rosaura Palermo

Listing Agent

Palermo Real Estate Llc

Broker

rosy@rosyrealtor.com

Email

Affordability Calculator

$1,339
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$195,000 -2.50% Price Down
2/20/2026$200,000 Listed Price

Map


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523 SW 3rd Terrace, Cape Coral, FL, 33991 is a Lots and Land for sale at $195,000 with a lot size of 0.361. 523 SW 3rd Terrace is a studio with 0.0 baths. The property's zip code is 33991 which is in Cape Coral, FL