1308-1326 SW 47th Ter, Cape Coral, FL 33914 - Photo 1

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$2,900,000

For Sale
Active
Acreage
3.005 Acres

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Property Description

Premium 3 Acre site on Cape Coral PKWY West, just East of Chiquita Blvd. Unquestionably the best and last remaining 3-acre Multifamily site in all of Cape Coral. The seller rezoned this parcel from RML to RMM thereby increasing the density from 16/DU per acre to 25/DU per acre. Utilities are in and ALL assessments have been paid. A city of Cape Coral site plan has been approved for 72 units on this site. This site is situated in the highest $$ demographic area in all of Cape Coral, less than a 5-minute drive to Cape Harbor and Tarpon Pointe to enjoy Rumrunners, Fathoms, High Tide Social, Gather, Next Door and the Westin!!! Also, a 1-minute drive to Lobster Lady and 239 Prime. Seller financing will be considered to a qualified buyer if needed.

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Full Property Details

Full Property Details for 1308-1326 SW 47th Terrace

General

Price: $2,900,000
Taxes: (2025)
Status: Active
Type: Acreage
Source: Bonita_Springs
MLS ID: 2026001340
Updated: 1/30/2026
Added to Site: 83 day(s) ago

Additional Information

Shared Amenities: None, Non-Gated

Location

Area: CC21 - Cape Coral Unit 3, 30, 44, 6
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Paid, Central
Water: Assessment Paid, Central, Irrigation Water
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Structural Information

Description/Design: Acreage
Current Bldg. Use: Multi_MF

Lot Features

Property View: None/Other
Lot Size (Acres): 3.005
Lot Size (Sq. Ft.): 130,897
Lot Size Source: Property Appraiser Office
Lot Dimensions: 477 x 489 x 271 x 254
Frontage Feet: 477
Street/Road Desc.: Paved
Irrigation System: Other
Lot Features: Oversize, See Remarks
Zoning: RMM
Lot Description: Oversize, See Remarks

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $965,058
Tax Year: 2025
Terms: Buyer Finance/Cash, Owner Will Carry

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 65 BLK 3377 PB 21 PG 152 LOT 26 THRU 49 + 10 FT VAC OR 2101/4801
Property ID: 10-45-23-C4-03377.0260
Section: 10
Block: 3377
Lot Number: 26

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Schools

Schools serving 1308-1326 SW 47th Terrace

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914	K-5	1.9 mi
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	2.1 mi
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904	K-5	3.4 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	1.7 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	4.1 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	1.9 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.5 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	7 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	8.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1308-1326 SW 47th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/12/2026

Listed

$2,900,000

262.5%

MLS

3/26/2018

Sold

$800,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1308-1326 SW 47th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$4,668

-67%

$303,475

-53%

2024

$14,150

-26%

$640,876

-57%

2023

$19,042

25%

$1,489,031

59%

2022

$15,225

12%

$934,200

56%

2021

$13,582

28%

$600,000

33%

2019

$10,588

35%

$450,000

120%

2018

$7,859

20%

$204,442

-32%

2017

$6,536

$300,000

—

2016

$6,141

28%

$300,000

95%

2015

$4,806

-1%

$153,600

—

2014

$4,832

$153,600

2013

$4,611

—

$144,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Estimate the Cost for 1308-1326 SW 47th Terrace

1308-1326 SW 47th Ter, Cape Coral, FL 33914 (MLS# 2026001340) is a Acreage property with a lot size of 3.005 acres. 1308-1326 SW 47th Ter is currently listed for $2,900,000 and was received on January 12, 2026. Want to learn more about 1308-1326 SW 47th Ter? Do you have questions about finding other Acreage real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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1308-1326 SW 47th Terrace Cape Coral, FL 33914