Commercial for Sale in Cape Coral, FL, $284,888
1 / 3
▶ View Virtual Tour
For SaleMLS# 2026026915

$284,888

Commercial for Sale in Cape Coral, FL, $284,888

513 SW 3rd Terrace, Cape Coral, FL, 33991

beds baths sqft

About this home

Prime commercial corner development opportunity in one of Cape Coral's fastest-growing business districts. This 0.54-acre (23,640± sq. ft.) corner parcel offers exceptional visibility with frontage along SW 3rd Terrace and Nicholas Parkway, just south of the highly traveled Pine Island Road corridor. Zoned Commercial Corridor (CC) with Future Land Use designated as Pine Island Road District (PIRD), the property offers excellent potential for a wide variety of commercial 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. The property is not located in a designated flood zone, providing added value for future development. Surrounded by established businesses, restaurants, healthcare providers, fitness centers, and national retailers including Crunch Fitness, Dunkin', Office Depot, Kohl's, Walmart, and other commercial services, this location offers exceptional convenience for customers and employees. The adjoining Commercial Professional (CP) parcel is also available, creating a unique opportunity for assemblage and expanded commercial development. Whether you're an owner-user, investor, or developer, this premier corner site offers outstanding exposure in one of Cape Coral's most active commercial corridors. Buyer to verify zoning, permitted uses, and development requirements with the City of Cape Coral.

Property details

Type
Commercial
Year built
Not specified
Interior
Not specified
Lot size
23,640.012 sqft
Acreage
0.54 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,988/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
North
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.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$235
Median sold (90d)
$385,000
Avg days on market
95
Active listings
2,498
Median sold price · Cape Coral
$385,000last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.2% MoM13.4% YoY
$340k$371k$403kJul ’25Aug ’26
$402,500Aug ’26 · 8 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.

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • No garage listed
Location convenienceHigh
Hospital
2.6 mi
Cape Coral Hospital
Beach
13.4 mi
Fort Myers Beach
Airport
8.5 mi
Page Field (Fort Myers)
Shopping
2.8 mi
Coralwood / Merchants Crossing (Cape)

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

Loading map…

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.