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This 0-bedroom, 0-bathroom commercial at 523 SW 3rd Terrace in Cape Coral, FL is listed for $179,800. on a 0.36 acres lot.

Key Features

  • 0.36 acre lot

Amenities

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Listing Description

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.

Monthly Cost Estimate

$962/mo

20% down · 6.5% · 30 years

Principal$130
Interest$779
Insurance$52

Estimates only. Actual payments may vary.

Location

523 SW 3rd Terrace

Cape Coral, FL 33991

CAPE CORAL

Property Details

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Questions & Answers

This 0-bedroom, 0-bathroom commercial at 523 SW 3rd Terrace is listed at $179,800. The estimated monthly payment is $961 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.36 acre lot.

This property is listed by Rosy Palermo.

RP

Rosy Palermo

License 277016568

Agent at Palermo Real Estate LLC

Listed by Palermo Real Estate LLC · Broker phone: (239) 895-5053

MLS# 2026026902· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 92 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

523 SW 3rd Terrace, Cape Coral, FL 33991

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