0.57 Acres Lot
0.57 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2026033868
HOA Y/N No
Annual Tax Amount $6,661
Tax Year 2025
Lot Size 0.570 Acres
Acres 0.57
Source Florida Gulf Coast
Property Description
The site is fully cleared, improved with a new 200-foot seawall, and benefits from water and sewer assessments being paid in full, providing a streamlined path to development.
The property's Residential Multi-Family Low (RML) zoning provides development flexibility, permitting a variety of residential product types including single-family homes, duplexes, and multifamily development with allowable densities of up to 16 units per acre.
Whether developed immediately or held as a long-term investment, 503 SW 3rd Ct. offers an exceptional opportunity to capitalize on Cape Coral's continued residential growth and strong demand for waterfront housing.
PROPERTY HIGHLIGHTS:
• 0.57± acre waterfront residential development site
• RML zoning permits multifamily, duplex, and single-family residential uses
• Residential densities of up to 16 units per acre
• 200 ft. of frontage along Lake Kennedy with a new 200 ft. seawall installed
• Water & sewer assessments paid in full
• Ability to permit a dock
• Fully cleared and development-ready
• Convenient access to shopping, dining, schools, healthcare, and major roadways
Location
State FL
County Lee
Community Boating, Non-Gated
Area Cape Coral
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description Lake
View Y/N Yes
View Lake, Water
Present Use 00-Vacant Residential
Street Surface Paved
Garage No
Building
Lot Description Oversize
Water Assessment Paid
New Construction No
Others
Senior Community No
Tax ID 14-44-23-C4-13000.0010
Nearby Locations
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