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Bean Group
Offered at $279,800Active
beds
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baths
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sq ft
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Built
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513 SW 3rd Terrace

Cape Coral, FL 33991

About this home

Prime commercial corner development opportunity in one of Cape Coral's fastest-growing business districts. This 0.54-acre (23,640± sq. ft.) corner parcel offers exceptional visibility with frontage along SW 3rd Terrace and Nicholas Parkway, just south of the highly traveled Pine Island Road corridor. Zoned Commercial Corridor (CC) with Future Land Use designated as Pine Island Road District (PIRD), the property offers excellent potential for a wide variety of commercial 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. The property is not located in a designated flood zone, providing added value for future development. Surrounded by established businesses, restaurants, healthcare providers, fitness centers, and national retailers including Crunch Fitness, Dunkin', Office Depot, Kohl's, Walmart, and other commercial services, this location offers exceptional convenience for customers and employees. The adjoining Commercial Professional (CP) parcel is also available, creating a unique opportunity for assemblage and expanded commercial development. Whether you're an owner-user, investor, or developer, this premier corner site offers outstanding exposure in one of Cape Coral's most active commercial corridors. Buyer to verify zoning, permitted uses, and development requirements with the City of Cape Coral.

Listing last checked: Listing updated:

Listed by Rosy Palermo · Palermo Real Estate LLC · MLS #2026026915

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities3 property facts
Lot size
0.5427 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$3,919
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $279,800 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,741 / monthAdjust
Principal & interest
$1,415
Property tax
$327
Insurance
Not entered
HOA
$0

Listing annual taxes: $3,919. 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

    $289,900 · May 24, 2024

  2. Sld

    $46,500 · Sold $45,000 · Jul 1, 2004

  3. Sld

    $69,900 · Sold $62,000 · Jan 19, 2004

  4. Sld

    $8,900 · Sold $5,850 · Feb 4, 2002

More property insights

Comparable properties 1 supplied

Sold Jun 22, 2026

$290,000

5472 Golden Gate Parkway

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About 513 SW 3rd Terrace

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Request a tour of 513 SW 3rd Terrace and a Bean Group agent will help coordinate an available time with the listing side.

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

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