430 SW 47th Terrace, Cape Coral, FL 33914

Local realty services provided by:CENTURY 21 Selling Paradise
430 SW 47th Terrace,Cape Coral, FL 33914
$995,000
  • 0.69 Acres
  • Lots / Land
  • Active
Listed by: kyle doyon
Office: coast life properties llc.
MLS#:2026027499
Source:FL_GFMB

Price summary

  • Price:$995,000

About this home

Prime development opportunity in South Cape Coral. This entitled land parcel is offered with approved plans for a mixed-use project featuring 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP (confirm with zoning for intended use), offering an ideal live-work scenario for residents. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. High rental demand and flexible use make this a standout investment opportunity, offering stable income potential through long-term residential and commercial leases. The property is deed-restricted under Florida's Live Local Bill, requiring 40% of units to be leased to individuals earning no more than 120% of the Area Median Income (AMI), which is $88,800 as of April 2024. Whether you're a developer or investor seeking to contribute to Cape Coral's workforce housing solutions while capturing...

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Home facts

  • Listing ID #:2026027499
  • Added:1 day(s) ago
  • Updated:June 24, 2026 at 05:51 PM

Structure and exterior

  • Lot area:0.69 Acres

Utilities

  • Water:Water Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$995,000
  • Tax amount:$4,869 (2025)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed. FL_GFMB Member Broker: Gregory Guminski