Exceptional Commercial Professional (CP) development opportunity in one of Cape Coral's fastest-growing commercial districts. This 15,725± square foot (0.36-acre) oversized triple lot offers approximately 133 feet of frontage along SW 3rd Terrace, providing outstanding visibility and flexibility for site design. Ideally located approximately three blocks south of the Pine Island Road and Nicholas Parkway commercial corridor, the property is surrounded by established businesses, restaurants, healthcare providers, fitness centers, banks, and national retailers, creating excellent convenience for customers and employees alike. Zoned Commercial Professional (CP), the property is well suited for medical and dental offices, attorneys, accountants, insurance agencies, financial services, title companies, engineering and architectural firms, consulting businesses, real estate offices, and other professional office 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. Located in Flood Zone X, this site offers additional appeal for future development. The adjoining commercial parcel is also available, creating a unique opportunity for assemblage and expanded development. Whether you're an owner-user, investor, or developer, this property presents an outstanding opportunity to establish or expand your business in one of Cape Coral's most active commercial corridors. Buyer to verify all zoning, permitted uses, and development requirements with the City of Cape Coral.
Active
Price cut: $5.1K (8/25)
$179,800
523 SW 3rd Ter, Cape Coral, FL 33991
--beds
--baths
0.36Acres
Unimproved Land
Built in ----
0.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 70 days
- 11
- 0
Zillow last checked:
Listing updated:
Listed by:
Rosy Palermo 239-895-5053,
Palermo Real Estate LLC
Source: Florida Gulf Coast MLS,MLS#: 2026026902
Originating MLS: Florida Gulf Coast
Facts & features
Property
Features
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 0.36 Acres
- Dimensions: 133 x 125 x 118 x 125
- Features: Multiple lots, Oversized Lot
Details
- Parcel number: 144423C401937.0330
- 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, 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: $1,709
- Date on market: 8/1/2026
- Cumulative days on market: 71 days
- Listing terms: All Financing Considered,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 | $179,800-2.8% |
Source: | ||
| 8/2/2026 | Listed for sale | $184,888-2.6% |
Source: | ||
| 7/1/2026 | Listing removed | $189,900 |
Source: | ||
| 5/21/2026 | Price change | $189,900-0.1% |
Source: | ||
| 4/7/2026 | Price change | $190,000-2.6% |
Source: | ||
| 3/11/2026 | Price change | $195,000-2.5% |
Source: | ||
| 12/12/2025 | Listed for sale | $200,000 |
Source: | ||
Public tax history
Tax history is unavailable.









