Sands REPM

148 Cape Coral PKWY W photos

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148 Cape Coral PKWY W, CAPE CORAL

Land

Active

$1,298,000

Est. $7,409/mo · Get pre-qualified

Home Type: LandLot Size: 0.92 acres

**Exceptional Multifamily Development Opportunity!** Rare chance to acquire a prime development site in one of Cape Coral's fastest-growing corridors. This property is planned for a **14-unit multifamily project** consisting of **two 7-unit buildings**, with significant pre-development work already completed. The project includes substantial engineering, planning, and entitlement progress, offering a valuable opportunity for developers looking to accelerate the development process. Ideally located on Cape Coral Parkway West, the property is just minutes from Cape Harbour, Tarpon Point Marina, shopping, restaurants, entertainment, and provides convenient access to the Cape Coral Bridge and Fort Myers.This property is ideally positioned to meet the growing demand for quality multifamily housing in Southwest Florida. A comprehensive Offering Memorandum (OM), including project details, development status, engineering progress, and additional supporting information, is available in the Listing Attachments section of the MLS.Buyers and their representatives are encouraged to review all attached documents and verify all information with the City of Cape Coral regarding zoning, permitted uses, approvals, and development requirements.

35 days on market · Listing updated July 28, 2026

Location

Facts & Features

Utilities:
Sewer Available, Water Available
Sewer:
Assessment Paid
Water Source:
Assessment Paid, Central
View:
None/Other
Waterfront:
None
Direction Faces:
East
Lot Features:
Oversize
Irrigation:
Assessment Paid, Central
Road Frontage:
Public Road
Community Features:
No Subdivision
Subdivision:
CAPE CORAL
Zoning:
R3-D
Annual Taxes:
$2,964
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash, Seller Pays Title

Price History

DateEventPrice
Jul 28, 2026Original list price$1,298,000

Reflects listing data on file, not a complete transaction history.

Listed by Yelina Gonzalez, Realty 365 Inc

$1,298,000

148 Cape Coral PKWY W, CAPE CORAL

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$7,409

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.