1201-1317 Cape Coral Parkway E Cape Coral, FL $ 12,495,000
1201-1317 Cape Coral Parkway E
$ 12,495,000
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1201-1317 Cape Coral Parkway E

Cape Coral, FL, 33904
$ 12,495,000
Bedrooms-- Baths--

Monthly Estimate*

$ 76,934

1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 1
1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 2
1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 3
1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 4
1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 5
1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 6
1201-1317 Cape Coral Parkway E, Cape Coral, FL 33904 - Image 7
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Commercial Property for sale in Cape Coral, FL

for $12,495,000. This building was built in 1968 on a lot size of 2.024.

Big John Plaza, a cornerstone of Cape Coral's commercial landscape, has been a bustling hub of activity since its inception in the early 1960s. This long-established shopping center has witnessed the city's transformation from a small community to a thriving metropolis, and it has evolved alongside it, maintaining its relevance and appeal. In 2019, Big John's Plaza underwent a complete renovation, breathing new life into this historic shopping center. The renovation was not merely cosmetic; it was a comprehensive overhaul aimed at modernizing the plaza while preserving its unique character. The result is a harmonious blend of old-world charm and contemporary convenience that appeals to both long-time residents and newcomers alike. The renovation included structural improvements, aesthetic upgrades, & functional enhancements. The most significant upgrade was perhaps the new roof installed in 2023. This state-of-the-art roofing system not only improved the plaza's appearance but also enhanced its durability and energy efficiency. Today, Big John Plaza is home to twenty diverse tenants. These include retail stores, restaurants, service providers, and professional offices. Many of these businesses have been part of the plaza for years, contributing to its vibrant community atmosphere. They offer a wide range of products and services, catering to the diverse needs of Cape Coral's residents and visitors. For the most part, the Plaza has had NO vacancy or collection loss. Despite the changes over the years, Big John Plaza has managed to retain its friendly neighborhood vibe. It is more than just a shopping center; it is a gathering place where people come to shop, dine, socialize, and create memories. Among other gatherings, it has hosted the annual Christmas Tree Lighting and the annual Cape Coral Art Festival, a Rotary sponsored event, both for over forty years. The plaza's welcoming ambiance, combined with its convenient location and diverse offerings, make it a favorite destination for locals and tourists alike. In conclusion, Big John Plaza is not just a shopping center; it's a piece of Cape Coral's history that has been lovingly preserved and thoughtfully modernized. Whether you're a long-time resident or a first-time visitor, Big John Plaza welcomes you with open arms and promises an experience that is truly Cape Coral. The Plaza is valued with it's complete value and not just return on investment. There are endless opportunities for this property with the right owner. It could be left as is or has the opportunity to partner with the City and be a major redevelopment in the heart of Downtown Cape Coral. The City owns the 87,360 SF parking lot directly to the north of our subject and is interested in partnering with a developer. Their vision is mixed use with multiple levels of parking. A prime opportunity for the right investor.

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Commercial Active

Price

$ 12,495,000

Property Type

Commercial

Taxes

$ 118,559

Style

Retail

Lot Size

2.024

Year Built

1968

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026006691

Features
General
Utilities ElectricityAvailable
HOA Fee 0.0
Year Built 1968
Property Subtype Retail
Tax Year 2025
Current Use Commercial Retail
Business Type Retail
Waterfront Features None
HOA Fee 2 0.0
Business Name Big John Plaza
County Lee
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
City Cape Coral
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description SC
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 118559.85
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026006691
Standard Status Active
Property Sub Type Additional Retail Commercial
Legal Description CAPE CORAL UNIT 6 PART 1 BLK 64 PB 11 PG 47 LOTS 1 THRU 25
HOA Fee 3 0.0
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Exterior
Lot Size Area 2.024
Horses N
Spa N
Irrigation/Water Rights N
Lot Size Acres 2.024
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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* Excluded Features
List By
Jack Martin

Listing Agent

Century 21 Selling Paradise

Broker

jack.martin@att.net

Email

Affordability Calculator

$86,814
Per Month
89%
11%
0%
Monthly Principal & Interest
$76,934
Monthly Property Taxes
$9,880
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
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$12,495,000 Listed Price

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1201-1317 Cape Coral Parkway E, Cape Coral, FL, 33904 is a Commercial Property for sale at $12,495,000 with a lot size of 2.024. 1201-1317 Cape Coral Parkway E was built in 1968. The property's zip code is 33904 which is in Cape Coral, FL