Inquire About this Property

Waterfront MultiFamily Corner

1011 SW 47th Terrace, Cape Coral, FL 33914

Property Type:
Land
Size:
0.76± Acres
Asking Price:
$1,100,000
Price/Sq. Ft.:
$33.10 PSF

Property Resources

Property Highlights

  • Prime SW Cape Location
  • 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)

Shovel ready!

Positioned on a corner lot, this property boasts approximately 128’± feet of waterfrontage, providing captivating views of intersecting Gulf access canals, with the added advantage of an existing seawall in place. Developer’s dream with approved plans for a three-story, 12-unit condominium or apartment building, each 1,643± SF unit has 3 bedrooms and 2 bathrooms. Permits are ready for 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.

Inquire

Fill out the form below to contact the listing agent and request additional information.

Fred Kermani, CCIM, AIA

Partner

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