Waterfront Home for Sale in Not Applicable
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For SaleMLS# 2026011656

$297,000

Waterfront Home for Sale in Not Applicable

1434 SW 4th Street, Cape Coral, FL, 33991

- beds baths sqft
BoatingWaterfront

About this home

Positioned in one of Cape Coral’s fastest-growing commercial areas, this 30,000± square foot site offers an outstanding development opportunity along the highly active Pine Island Road corridor. The property sits on a freshwater canal and is fully equipped with city water, sewer, and natural gas, providing the infrastructure needed for a wide range of commercial uses. This combined parcel site offers excellent flexibility and is well-suited for flex space, professional or medical office, restaurant, retail development, or even the opportunity to build custom “caves” or hobby garages with friends. Conveniently located parallel to Pine Island Road, the property sits directly behind the new Cape Coral Post Office, Bob Evans, 7-Eleven, and Take 5 Oil Change, and just north of Chiquita Boulevard. The site benefits from easy access and steady traffic flow along 4th Street, making it an ideal location for businesses seeking strong visibility and accessibility. With surrounding commercial growth continuing at a rapid pace, this property represents a rare opportunity to secure land in one of Cape Coral’s most active and expanding business corridors.

Property details

Type
Commercial
Year built
Not specified
Interior
Not specified
Lot size
29,999.772 sqft
Acreage
0.69 acres
Garage
None
Days on market
177
Total association fees
None
CDD
None
Est. taxes (1.4%)
$4,158/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
None
Sewer
Public Sewer
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
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 444 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 $18,000 (5.7%) from the original list price.

Jul 21, 2026Price reducedfrom $315,000$297,000
Mar 7, 2026Listed$315,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4.3 mi
HealthPark Medical Center
Beach
7.4 mi
Fort Myers Beach
Airport
5.4 mi
Page Field (Fort Myers)
Shopping
4.6 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.