
Sold Aug 28, 2026
$195,000Exceptional Commercial Professional (CP) development opportunity in one of Cape Coral's fastest-growing commercial districts. This 15,725± square foot (0.36-acre) oversized triple lot offers approximately 133 feet of frontage along SW 3rd Terrace, providing outstanding visibility and flexibility for site design. Ideally located approximately three blocks south of the Pine Island Road and Nicholas Parkway commercial corridor, the property is surrounded by established businesses, restaurants, healthcare providers, fitness centers, banks, and national retailers, creating excellent convenience for customers and employees alike. Zoned Commercial Professional (CP), the property is well suited for medical and dental offices, attorneys, accountants, insurance agencies, financial services, title companies, engineering and architectural firms, consulting businesses, real estate offices, and other professional office 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. Located in Flood Zone X, this site offers additional appeal for future development. The adjoining commercial parcel is also available, creating a unique opportunity for assemblage and expanded development. Whether you're an owner-user, investor, or developer, this property presents an outstanding opportunity to establish or expand your business in one of Cape Coral's most active commercial corridors. Buyer to verify all 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 #2026026902
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Listing annual taxes: $1,709. 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.
$189,900 · Dec 10, 2025
$9,900 · Sold $7,800 · Oct 10, 2008

Sold Aug 28, 2026
$195,000Continue your search in Cape Coral.
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