Commercial for Sale in Cape Coral
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For SaleMLS# 2026020630

$122,000

Commercial for Sale in Cape Coral

503 NE 7th Place, Cape Coral, FL, 33909

- beds baths sqft

About this home

Prime 0.34-acre-Triple Lot Zoned Pine Island Road Corridor Commercial zoning. Only feet from Pine Island Road. ALL Assessments PAID!!! The Pine Island Road Corridor Commercial zoning allows for MANY uses and is one of the most versatile and desirable commercial zoning. Also, this property abuts the former Golden Coral property that just Sold for $4,000,000 in May of 2025! Make an offer today on this great investment opportunity! SELLER FINANCING AVAILABLE WITH 1/3 DOWN PAYMENT. FLEXIBLE TERMS.

Property details

Type
Commercial
Year built
Not specified
Interior
Not specified
Lot size
14,984.64 sqft
Acreage
0.34 acres
Garage
None
Days on market
126
Total association fees
None
CDD
None
Est. taxes (1.4%)
$1,708/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
East
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Not specified
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,750
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 69 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $28,000 (18.7%) from the original list price.

Sep 8, 2026Price reducedfrom $125,000$122,000
May 5, 2026Listed$150,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • No garage listed
Location convenienceHigh
Hospital
2.1 mi
Cape Coral Hospital
Beach
14.5 mi
Fort Myers Beach
Airport
7.8 mi
Page Field (Fort Myers)
Shopping
1.4 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.