523 SW 3rd Terrace Cape Coral, FL $ 184,888
523 SW 3rd Terrace
$ 184,888
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523 SW 3rd Terrace

Cape Coral, FL, 33991
$ 184,888
Baths0.0

Monthly Estimate*

$ 1,167

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

Lots and Land for sale in Cape Coral, FL

for $184,888. The lot size is 0.361.

Exceptional Commercial Professional (CP) development opportunity in one of Cape Coral's fastest-growing commercial districts. This 15,725± square foot (0.36-acre) oversized triple lot offers approximately 133 feet of frontage along SW 3rd Terrace, providing outstanding visibility and flexibility for site design. Ideally located approximately three blocks south of the Pine Island Road and Nicholas Parkway commercial corridor, the property is surrounded by established businesses, restaurants, healthcare providers, fitness centers, banks, and national retailers, creating excellent convenience for customers and employees alike. Zoned Commercial Professional (CP), the property is well suited for medical and dental offices, attorneys, accountants, insurance agencies, financial services, title companies, engineering and architectural firms, consulting businesses, real estate offices, and other professional office uses, subject to City of Cape Coral approval. Central water, sewer, electric, cable, telephone, and irrigation are available, with all utility assessments paid in full. Located in Flood Zone X, this site offers additional appeal for future development. The adjoining commercial parcel is also available, creating a unique opportunity for assemblage and expanded development. Whether you're an owner-user, investor, or developer, this property presents an outstanding opportunity to establish or expand your business in one of Cape Coral's most active commercial corridors. Buyer to verify all zoning, permitted uses, and development requirements with the City of Cape Coral.

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Lots and Land Active

Price

$ 184,888

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,709

Style

Commercial

Lot Size

0.361

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026026902

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 1709.06
Lease Considered Y/N false
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
Rosy Palermo

Listing Agent

Palermo Real Estate Llc

Broker

rosy@rosyrealtor.com

Email

Affordability Calculator

$1,310
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,167
Monthly Property Taxes
$142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/2/2026$184,888 Listed Price

Map


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523 SW 3rd Terrace, Cape Coral, FL, 33991 is a Lots and Land for sale at $184,888 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