Retail for Sale in Cape Coral
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For SaleMLS# 2026035880

$1,350,000

Retail for Sale in Cape Coral

1313 SE 47th Terrace, Cape Coral, FL, 33904

- beds baths5,920 sqft

About this home

MAIN LOCATION!! Downtown Cape Coral on 47th Ter. 5920sf two floor building. Great opportunity for Sky Bar, Restaurant, Bakery, Night Club, Brewery and a lot more opportunities, in the heart of Downtown Cape Coral. Possible to split it in two units with plans ready to go. Unit one is 2,120sf plus 525sf patio right on 47th ter. Unit two is 2,600sf on the first floor, 525sf patio right on 47th ter. and 1,200sf on the second floor. Or you can use all 5,920sf as one business. High visibility with a lot of public parking across the street from Big John's Plaza. The seller is willing to do owner financing for the qualified buyer.

Property details

Type
Retail
Year built
1975
Interior
5,920 sqft
Lot size
6,664.68 sqft
Acreage
0.15 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$18,900/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Not specified
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Not specified
Sewer
Not specified
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
$399,900
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,485
Median sold price · Cape Coral
$385,000last 3 months8% vs $356,450 prior 3 months
Median closed price by month · Cape Coral
2.8% MoM7% YoY
$340k$366k$391kJul ’25Aug ’26
$380,000Aug ’26 · 299 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

Consider
  • Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4.6 mi
HealthPark Medical Center
Beach
7.7 mi
Fort Myers Beach
Airport
5.5 mi
Page Field (Fort Myers)
Shopping
4.8 mi
Bell Tower Shops

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.