EXCELLENT DEVELOPMENT SITE FOR MULTI-FAMILY!!! SELLER WILL INCLUDE DEVELOPMENT PLANS FOR 24 CONDOS WITH 2 & 3 BEDROOMS, COMMUNITY POOL, OVER 31,000 SQ FT. PERFECT FOR INVESTORS!! 1.49 ACRES IN TOTAL. That's 13 contiguous lots running along the canal in prime SW Cape Coral location. Perfect location to everything. Perfect for building multi-family units to meet every rental demand. Survey available plus other construction information.
Sold for $1,000,000
$1,000,000
605 SW 47th Ter, Cape Coral, FL 33914
0beds
0baths
1.49Acres
VacantLand
Built in ----
1.49 Acres Lot
$-- Zestimate®
$--/sqft
$1,842 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,842/mo
Zestimate® history
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$6,478/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Electric
Property
Features
- On waterfront: Yes
- Waterfront features: Canal Front
- Frontage type: Canal
- Frontage length: 520
Lot
- Size: 1.49 Acres
- Features: See Remarks
Details
- Parcel number: 114523C4017050310
- Zoning: R3-W
Utilities & green energy
- Sewer: Central
- Utilities for property: Cable Available, Electricity Available, Water Available, Phone Available, Sewer Available, Irrigation Water, Trash Removal
Community & HOA
Location
- Region: Cape Coral
Financial & listing details
- Tax assessed value: $426,893
- Annual tax amount: $8,721
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Sold | $1,000,000-16.7% |
Source: Public Record Report a problem | ||
| 4/1/2024 | Pending sale | $1,200,000 |
Source:  SWFLMLS #223011321 Report a problem | ||
| 2/22/2024 | Price change | $1,200,000-11.1% |
Source: SWFLMLS #223011321 Report a problem | ||
| 9/3/2023 | Price change | $1,350,000-9.7% |
Source:  Florida Gulf Coast MLS #223011321 Report a problem | ||
| 2/21/2023 | Listed for sale | $1,495,000-0.3% |
Source: Florida Gulf Coast MLS #223011321 Report a problem | ||
| 2/24/2022 | Listing removed | -- |
Source: Florida Gulf Coast MLS #222009873 Report a problem | ||
| 2/13/2022 | Pending sale | $1,500,000 |
Source: Florida Gulf Coast MLS #222009873 Report a problem | ||
| 2/9/2022 | Listed for sale | $1,500,000+101.3% |
Source: Florida Gulf Coast MLS #222009873 Report a problem | ||
| 4/30/2021 | Sold | $745,000+30.7% |
Source: Public Record Report a problem | ||
| 8/20/2019 | Sold | $570,000-4.8% |
Source: Public Record Report a problem | ||
| 7/19/2019 | Pending sale | $599,000 |
Source: Alliance Realty Group #219036341 Report a problem | ||
| 5/19/2019 | Listed for sale | $599,000+21% |
Source: Alliance Realty Group #219036341 Report a problem | ||
| 8/3/2018 | Listing removed | $495,000 |
Source: Alliance Realty Group #218033132 Report a problem | ||
| 8/1/2017 | Price change | $495,000-9.2% |
Source: Alliance Realty Group #217025161 Report a problem | ||
| 4/24/2017 | Pending sale | $545,000 |
Source: Alliance Realty Group #217025161 Report a problem | ||
| 4/5/2017 | Listed for sale | $545,000-23.2% |
Source: Alliance Realty Group #217025161 Report a problem | ||
| 1/1/2016 | Listing removed | $710,000 |
Source: Sellstate Achievers Realty Net #215013774 Report a problem | ||
| 2/27/2015 | Listed for sale | $710,000+1045.2% |
Source: Sellstate Achievers Realty Net #215013774 Report a problem | ||
| 3/17/1999 | Sold | $62,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,721 -33.1% | $426,893 -32.8% |
| 2024 | $13,026 +10.7% | $635,250 +10% |
| 2023 | $11,769 +17.6% | $577,500 +10% |
| 2022 | $10,012 +7.3% | $525,000 +27.3% |
| 2021 | $9,329 +13.1% | $412,500 +10% |
| 2020 | $8,246 +21.7% | $375,000 +15.2% |
| 2019 | $6,774 | $325,500 +5% |
| 2018 | $6,774 +4% | $310,000 +95% |
| 2017 | $6,513 +90.1% | $159,000 |
| 2016 | $3,426 +5.5% | $159,000 +41% |
| 2015 | $3,246 +16.5% | $112,800 -6.7% |
| 2014 | $2,786 -3.8% | $120,900 +16.6% |
| 2013 | $2,895 +3.9% | $103,700 -8.3% |
| 2012 | $2,785 +4.6% | $113,085 +4.7% |
| 2011 | $2,662 -11.9% | $108,000 -10% |
| 2010 | $3,021 -33.1% | $120,000 -38.5% |
| 2009 | $4,519 -0.6% | $195,000 -22.6% |
| 2008 | $4,548 -54.3% | $252,000 -55.1% |
| 2007 | $9,953 -17.8% | $561,000 -15.3% |
| 2006 | $12,111 +47.3% | $662,160 +72.3% |
| 2004 | $8,224 +134% | $384,240 +150.5% |
| 2003 | $3,514 +82.1% | $153,360 +91.7% |
| 2002 | $1,930 | $80,010 +56.8% |
| 2000 | -- | $51,030 |
Find assessor info on the county website
Neighborhood: 33914
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Nearby schools
GreatSchools rating
- 6/10Pelican Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 7/10Gulf Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Ida S. Baker High SchoolGrades: 9-12Distance: 2.4 mi
- Florida
- Lee County
- Cape Coral
- 33914
- 605 SW 47th Ter
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