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Bean Group
Offered at $498,000Active
beds
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baths
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sq ft
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Built
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1207 SE 8th Place

Cape Coral, FL 33990

About this home

Opportunities like this are incredibly rare! This expansive .80-acre parcel (34,868 sq ft) spans seven lots and is zoned Professional, with all assessments fully paid. Even better, the property meets the general characteristics and requirements to qualify under the Florida Live Local Act in Cape Coral. Ideally located just one block from City Hall, this site offers exceptional convenience for a wide range of professional and business uses. Enjoy high traffic exposure and outstanding visibility from Nicholas, along with easy access from Country Club Blvd. Under the Florida Live Local Act, qualifying projects may benefit from valuable tax incentives, preemption of certain existing zoning regulations, and a streamlined approval process. See attached information for additional details on these significant advantages. Don’t miss this outstanding investment and development opportunity—properties like this don’t last!

Listing last checked: Listing updated:

Listed by Joella Consolazio · Properties in Paradise Real Estate, LLC · MLS #2026030049

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities3 property facts
Lot size
0.8035 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Financial3 property facts
Annual taxes
$3,684
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $498,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,825 / monthAdjust
Principal & interest
$2,518
Property tax
$307
Insurance
Not entered
HOA
$0

Listing annual taxes: $3,684. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $498,000 · May 27, 2025

  2. Sld

    $419,900 · Sold $397,000 · Sep 19, 2022

  3. Sld

    $6,500 · Sold $65,000 · Nov 7, 2002

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About 1207 SE 8th Place

Can I request a private showing?

Request a tour of 1207 SE 8th Place and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.