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Land > Commercial Land
Active
07/02/2024
List Price
$1,450,000

430 47th Ter
Cape Coral, FL 33914

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  • Malobo BannerMalobo Banner Square
    430 47th Ter, Cape Coral, FL 33914 is a commercial land land of 0.688 acres with 5 construction permits. This commercial land is currently on the market for $1,450,000, and it was last sold in 2010 for $99,100.

    MLS Description

    The listing agent's description. Original Listing

    Prime development opportunity in South Cape Coral! This entitled land parcel is offered with approved building and MEP plans for a mixed-use project. The site is zoned CP (confirm with zoning for intended use) and is designed for 39 workforce housing apartments and 8,300 square feet of commercial space, offering an ideal live-work scenario. The residential units feature modern, efficient layouts tailored to the local workforce, while the commercial space offers flexibility for a wide range of business uses. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. This strategic location supports a high quality of life for residents and strong visibility for businesses. High rental demand and flexible use make this a standout investment opportunity, offering stable income potential through long-term residential and commercial leases. The property is deed-restricted under Florida's Live Local Bill, requiring 40% of units to be leased to individuals earning no more than 120% of the Area Median Income (AMI), which is $88,800 as of April 2024. Seller financing is available. Whether you're a developer or investor seeking to contribute to Cape Coral's workforce housing solutions while capturing long-term value, this property is ready for action.

    Listing Agents

    The listing agent for 430 47th Ter is Kyle Doyon.

    Permits

    430 47th Ter has 5 permit records.

    Permit History
    5
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    430 47th Ter has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 430 47th Ter

    School Information

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    Neighborhood

    This property is located in 33914.

    Market Trends

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    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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