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Office in Cape Coral, FL

$13,500,000 Get Pre-Approved

430 SW 47th Terrace, Cape Coral, FL, 33914

Description

Bedroom

0 Rooms

Bathroom

0 Bath

Square Foot

0 Ft

Lot Size

0.69 Acres

Prime development opportunity in South Cape Coral! This entitled land parcel is offered with approved plans for a mixed-use project featuring 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP (confirm with zoning for intended use), offering an ideal live-work scenario for residents. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. 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. 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.

Location
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Cape Coral Expert Agent

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Additional Listing Details:

1 day on HouseJet

Last Refresh: 03/11/2026 04:00:04 PM UTC

MLS #: 2025015434

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Listing Agent

Kyle Doyon

License # 487512970

Coast Life Properties LLC

Phone: 616-638-9795