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$ 2,900,000
Est. payment /mo
Active
302 SW 7th CT Cape Coral, FL 33991
1.47 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID A11971475
HOA Y/N No
Annual Tax Amount $5,193
Tax Year 2025
Lot Size 1.470 Acres
Acres 1.47
Lot Dimensions 300x165
Property Sub-Type Commercial
Property Description
Rare entitlement-advantaged development opportunity in the rapidly growing Cape Coral market. This 50,000 SF multi-parcel commercial land assemblage is currently in active municipal entitlement review for a proposed 100-bed Assisted Living Facility (ALF), representing a significant advancement beyond typical raw land offerings.
The proposed development concept includes a four-story senior housing facility with structured parking, demonstrating strong feasibility for institutional use. Architectural plans, preliminary site layout, parking configuration, and zoning analysis have been completed and submitted to the City, substantially reducing development timeline and entitlement risk for a future buyer.
Strategically located just south of Pine Island Road one of Cape Coral's primary commercial corridors the property benefits from proximity to established residential neighborhoods, medical offices, and professional services, supporting strong long-term demand for senior housing and healthcare-related development.
This offering presents a compelling opportunity for developers, healthcare investors, and senior housing operators to acquire a site with meaningful pre-development progress already completed. Ownership is open to evaluating either an outright sale or potential joint venture structures with qualified development partners.
The proposed development concept includes a four-story senior housing facility with structured parking, demonstrating strong feasibility for institutional use. Architectural plans, preliminary site layout, parking configuration, and zoning analysis have been completed and submitted to the City, substantially reducing development timeline and entitlement risk for a future buyer.
Strategically located just south of Pine Island Road one of Cape Coral's primary commercial corridors the property benefits from proximity to established residential neighborhoods, medical offices, and professional services, supporting strong long-term demand for senior housing and healthcare-related development.
This offering presents a compelling opportunity for developers, healthcare investors, and senior housing operators to acquire a site with meaningful pre-development progress already completed. Ownership is open to evaluating either an outright sale or potential joint venture structures with qualified development partners.
Location
State FL
County Lee
Community Cape Coral
Area 5940 Florida Other
Exterior
Utilities Available None, Sewer Not Available
Private Pool Yes
Building
Sewer None
Water Other
Others
Tax ID 10068204
Ownership Corporation
Acceptable Financing Cash, Conventional, Investor Financing
Listing Terms Cash, Conventional, Investor Financing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11971475
Listed by TMT Real Estate, LLC.
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