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Bean Group
Offered at $1,250,000Active
beds
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baths
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sq ft
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Built
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1531 NE 2nd Street

Cape Coral, FL 33909

About this home

Rare opportunity to acquire four waterfront corner lots totaling .94 acres, located on the highly traveled intersection of Del Prado Blvd and NE 2nd Street. Currently zoned residential with a future land use designation of commercial CP, this property offers incredible flexibility and long-term investment potential. With excellent visibility and steady traffic flow, it’s an ideal site for a medical office, professional building, or other commercial development. Positioned in a growing area, this is a prime chance to secure a high-exposure location with strong future upside. Addresses include 1519, 1523, 1527, and 1531 NE 2nd Street!

Listing last checked: Listing updated:

Listed by Julia Miller · RE/MAX Nautical Realty · MLS #2026017116

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Details at a glance

Interior1 property facts
Cooling
SeeRemarks
Building1 property facts
Style
Residential
Land & utilities4 property facts
Lot size
0.94 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Waterfront
Y
Financial3 property facts
Annual taxes
$1,357
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,250,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,434 / monthAdjust
Principal & interest
$6,321
Property tax
$113
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,357. 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.

More property insights

Comparable properties 3 supplied

Sold Jul 30, 2026

$1,350,000

6932 Old Whiskey Creek Drive

Sold May 7, 2026

$1,375,000

5827 SW 1st Avenue

Sold Jul 29, 2026

$1,300,000

2506 El Dorado Parkway W

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About 1531 NE 2nd Street

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Request a tour of 1531 NE 2nd Street 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.