Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.57 acres
503 SW 3rd Ct. is a premier 0.57± acre waterfront residential development opportunity located in the heart of Cape Coral. Overlooking scenic Lake Kennedy, the property features approximately 200 feet of water frontage and is one of the largest waterfront multifamily development sites currently available in the area. 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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
-
View
Lake, Water
Area & Lot
-
Lot Features
Cleared, Waterfront
-
Lot Size(acres)
0.57
-
Lot Size(square feet)
24,829
-
Property Type
Land
Price
-
Sales Price
$495,000
-
Tax Amount
$6,661
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Senior Community YN
NO
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Justin Milcetich , LSI Companies Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Agent | Realtor®
Julia McCabe
Call Julia today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.