About this home
Prime commercial development opportunity located along Santa Barbara Blvd, one of Cape Coral’s most heavily traveled north-south corridors, with estimated TRAFFIC COUNTS exceeding 25,000–35,000 vehicles per day. This exceptional exposure provides maximum visibility for future retail, office, or mixed-use development and makes the site highly attractive to national and local tenants alike. This oversized 46,086 sq ft parcel features an impressive 341 feet of FRONTAGE, allowing for excellent access, signage, and curb appeal, and rear alley access. The property is ideally positioned within a dense residential population base and is surrounded by strong retail anchors, including Target and Lowe’s, as well as numerous restaurants, service businesses, and neighborhood retail centers that drive consistent consumer traffic throughout the day. The offer includes PLANS FOR A PROPOSED MULTI-TENANT RETAIL/OFFICE development, designed with modern architecture and strong street presence. The concept features multiple storefront units with expansive glass frontage. The site benefits from a strategic location near several schools, daycares, and family-oriented neighborhoods, including Cape Coral High School, which has over 2,000 students enrolled, creating strong daytime population and consistent traffic patterns. The proximity to educational facilities, along with nearby childcare centers and residential communities, makes this an ideal location for businesses catering to families, professionals, and daily convenience needs. Accessibility is a major advantage, with quick connectivity to Veterans Parkway, a key east-west corridor linking Cape Coral to Fort Myers and the greater Southwest Florida region. This ensures efficient traffic flow and enhances the property’s appeal for both customers and employees. From a development standpoint, the property is well-positioned to move forward quickly: City water and sewer are in place, All ASSESSMENTS are PAID in full, Not located in a flood zone, reducing insurance costs and development complexity. These factors significantly reduce upfront costs and timeline risk, making this a streamlined opportunity for developers and investors. The flexible development potential allows for a wide range of uses, including: Retail strip center , Medical or professional office, Restaurant or service-based tenants, Mixed-use commercial concept .With strong population growth in Cape Coral—now one of the fastest-growing cities in Florida—this corridor continues to see increasing demand for new commercial space.
Listing last checked: Listing updated:
Listed by Rosy Palermo · Palermo Real Estate LLC · MLS #2026015329
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 1.058 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $5,829
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $875,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,910 / monthAdjust
- Principal & interest
- $4,424
- Property tax
- $486
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $5,829. 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
- Sld
$28,900 · Sold $29,900 · Jun 24, 2021
- Sld
$50,000 · Sold $47,500 · Jan 1, 2020
Explore more of Cape Coral
Continue your search in Cape Coral.
Need help making sense of this home?
About 1808 Santa Barbara Boulevard
Can I request a private showing?
Request a tour of 1808 Santa Barbara Boulevard 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.

