**Exceptional Multifamily Development Opportunity!** Rare chance to acquire a prime development site in one of Cape Coral's fastest-growing corridors. This property is planned for a **14-unit multifamily project** consisting of **two 7-unit buildings**, with significant pre-development work already completed.
The project includes substantial engineering, planning, and entitlement progress, offering a valuable opportunity for developers looking to accelerate the development process. Ideally located on Cape Coral Parkway West, the property is just minutes from Cape Harbour, Tarpon Point Marina, shopping, restaurants, entertainment, and provides convenient access to the Cape Coral Bridge and Fort Myers.This property is ideally positioned to meet the growing demand for quality multifamily housing in Southwest Florida.
A comprehensive Offering Memorandum (OM), including project details, development status, engineering progress, and additional supporting information, is available in the Listing Attachments section of the MLS.Buyers and their representatives are encouraged to review all attached documents and verify all information with the City of Cape Coral regarding zoning, permitted uses, approvals, and development requirements.
Active
$1,298,000
148 Cape Coral Pkwy W, Cape Coral, FL 33914
--beds
--baths
0.92Acres
Unimproved Land
Built in ----
0.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime development site
- 35 days
- 30
- 0
Zillow last checked:
Listing updated:
Listed by:
Yelina Gonzalez 786-450-1574,
Realty 365 Inc
Source: Florida Gulf Coast MLS,MLS#: 2026030826
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Video & virtual tour
Property
Features
- Waterfront features: None
Lot
- Size: 0.92 Acres
- Dimensions: 400 x 110 x 400 x 110
- Features: Oversized Lot
Details
- Parcel number: 144523C200163.0060
- Lease amount: $0
- Zoning description: R3-D
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid, Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Services included: None
Location
- Region: Cape Coral
Financial & listing details
- Tax assessed value: $134,449
- Annual tax amount: $2,964
- Date on market: 7/28/2026
- Listing terms: All Financing Considered,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $1,298,000+686.7% |
Source: | ||
| 3/12/2024 | Sold | $165,000-8.3% |
Source: | ||
| 2/29/2024 | Pending sale | $180,000 |
Source: | ||
| 2/1/2024 | Listed for sale | $180,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,964 +126.3% | $134,449 +306.2% |
| 2024 | $1,310 +21.1% | $33,097 +10% |
| 2023 | $1,082 +8.8% | $30,088 +10% |
| 2022 | $995 +7.7% | $27,353 +10% |
| 2021 | $924 +5.1% | $24,866 +10% |
| 2020 | $879 +6.4% | $22,605 -46.2% |
| 2019 | $826 | $42,000 +5% |
| 2018 | $826 +3.3% | $40,000 +47.4% |
| 2017 | $800 +17.6% | $27,132 +23.3% |
| 2016 | $680 +11.5% | $22,000 +44.7% |
| 2015 | $610 +15.5% | $15,200 -34.8% |
| 2014 | $528 -10.6% | $23,300 +100.9% |
| 2013 | $591 +59.2% | $11,600 -12.8% |
| 2012 | $371 +15.8% | $13,300 +33% |
| 2011 | $320 -37.6% | $10,000 -44.4% |
| 2010 | $513 -37% | $18,000 -45.5% |
| 2009 | $815 +22% | $33,000 -5.7% |
| 2008 | $668 -77.7% | $35,000 -79.3% |
| 2007 | $3,001 -3.3% | $169,150 |
| 2006 | $3,104 +308.4% | $169,150 +397.1% |
| 2004 | $760 +15.1% | $34,030 +20.6% |
| 2003 | $661 +8.6% | $28,220 +213.9% |
| 2002 | $608 | $8,990 +45.2% |
| 2000 | -- | $6,190 |
Find assessor info on the county website









