Prime commercial corner development opportunity in one of Cape Coral's fastest-growing business districts. This 0.54-acre (23,640± sq. ft.) corner parcel offers exceptional visibility with frontage along SW 3rd Terrace and Nicholas Parkway, just south of the highly traveled Pine Island Road corridor. Zoned Commercial Corridor (CC) with Future Land Use designated as Pine Island Road District (PIRD), the property offers excellent potential for a wide variety of commercial 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. The property is not located in a designated flood zone, providing added value for future development. Surrounded by established businesses, restaurants, healthcare providers, fitness centers, and national retailers including Crunch Fitness, Dunkin', Office Depot, Kohl's, Walmart, and other commercial services, this location offers exceptional convenience for customers and employees. The adjoining Commercial Professional (CP) parcel is also available, creating a unique opportunity for assemblage and expanded commercial development. Whether you're an owner-user, investor, or developer, this premier corner site offers outstanding exposure in one of Cape Coral's most active commercial corridors. Buyer to verify zoning, permitted uses, and development requirements with the City of Cape Coral.
Active
Price cut: $5.1K (8/25)
$279,800
513 SW 3rd Ter, Cape Coral, FL 33991
--beds
--baths
0.54Acres
Unimproved Land
Built in ----
0.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 67 days
- 16
- 0
Zillow last checked:
Listing updated:
Listed by:
Rosy Palermo 239-895-5053,
Palermo Real Estate LLC
Source: Florida Gulf Coast MLS,MLS#: 2026026915
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 0.54 Acres
- Dimensions: 160 x 125 x 160 x 125
- Features: Multiple lots, Oversized Lot, See Remarks
- Residential vegetation: Grassed
Details
- Parcel number: 144423C401937.0360
- Lease amount: $0
- Zoning description: CC
Utilities & green energy
- Sewer: Assessment Paid, Public Sewer
- Water: Assessment Paid, Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, 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
- Annual tax amount: $3,919
- Date on market: 8/4/2026
- Cumulative days on market: 68 days
- Listing terms: Cash,Owner May Carry
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $279,800-1.8% |
Source: | ||
| 8/4/2026 | Listed for sale | $284,888-1.7% |
Source: | ||
| 7/1/2026 | Listing removed | $289,900 |
Source: | ||
| 5/21/2026 | Price change | $289,9000% |
Source: | ||
| 4/7/2026 | Price change | $290,000-1.7% |
Source: | ||
| 3/11/2026 | Listed for sale | $295,000-1.7% |
Source: | ||
| 4/17/2025 | Listed for sale | $300,000 |
Source: | ||
Public tax history
Tax history is unavailable.








