1518 Kismet Pkwy E, Cape Coral, FL 33909 - Photo 1

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$5,500,000

For Sale
Active
Commercial Land
5.09 Acres

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Property Description

Incredible opportunity to acquire a large commercial land assembly along Kismet Pkwy E, Del Prado BLVD. N. and NE 23rd Terrace in fast-growing Northeast Cape Coral. This combined offering features multiple freshwater canal lots with access to 9 beautiful lakes, allowing future development to incorporate dockside dining, retail, professional offices, banks, and other waterfront commercial uses. Zoned commercial with excellent exposure on a busy corridor, this site offers exceptional potential for a signature commercial project. Income-producing property is currently onsite, providing immediate value while development plans are underway. There are 4 single family homes on the property also zoned commercial that generate monthly income. A rare chance to shape one of NE Cape Coral's most exciting growth areas. City water and sewer ready to be hooked up! Realtors see confidential remarks for all parcels.

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Full Property Details

Full Property Details for 1518 Kismet Pkwy E

General

Price: $5,500,000
Taxes: (2025)
Status: Active
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 226010047
Updated: 3/17/2026
Added to Site: 33 day(s) ago

Additional Information

Shared Amenities: None, No Subdivision

Location

Area: CC31 - Cape Coral Unit 17, 31-36,
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Direction Faces: North

Community

Assoc. Fees Include: None

Utilities

Sewer: Septic Tank
Water: Central
Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Phone Available, Trash Removal, Water Available

Structural Information

Description/Design: Commercial Lot
Current Bldg. Use: Commercial

Lot Features

Property View: Canal
Lot Size (Acres): 5.09
Lot Size (Sq. Ft.): 221,720
Lot Size Source: Property Appraiser Office
Lot Dimensions: 741 x 741 x 250 x 250
Frontage: Public Road
Frontage Feet: 741
Street/Road Desc.: Paved
Irrigation System: None
Lot Features: 5 Plus Lots, See Remarks
Potential Use: See Remarks
Trees/Vegetation: Brush, Grassed
Zoning: C
Lot Description: 5 Plus Lots, See Remarks

Water Features

Water Front: Yes
Water Front Desc.: Canal Front, Freshwater, Navigable Water
Canal Width: Canal Width 81-120

Financial Considerations

Price Per Acre: $1,080,550
Tax Year: 2025
Terms: Buyer Finance/Cash

Disclosures and Reports

Multiple Parcels: Yes
Legal Description: CAPE CORAL UNIT 32 BLK 2154 PB 16 PG 13 LOTS 1-19 + LOTS 25 -28 + LOTS 33-34 + LOTS 41-42
Property ID: 31-43-24-C2-02154.0160
Section: 31
Block: 2154
Lot Number: 1

Listed by Realty World J. PAVICH R.E. and Compass Florida LLC

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— 1518 Kismet Pkwy E —

Realty World J. PAVICH R.E.
Compass Florida LLC

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Schools

Schools serving 1518 Kismet Pkwy E

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

Name	Grades	Distance
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	0.8 mi
Dr Carrie D Robinson Littleton Elementary School 700 Hutto Road, North Fort Myers, FL 33903	K-5	1.7 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	2.7 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	0.9 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	3.6 mi
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909	9-12	2.3 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3.1 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	4.4 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	3.8 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 1518 Kismet Pkwy E Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/05/2026

Listed

$5,500,000

1471.43%

MLS

10/15/2007

Sold

$350,000

—

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 1518 Kismet Pkwy E

Year

Property Taxes

Change

Tax Assessment

Change

2025

$4,781

-90%

$397,852

-31%

2024

$46,035

421%

$577,107

2023

$8,830

44%

$563,043

211%

2021

$6,134

-20%

$181,186

-59%

2022

$7,695

25%

$440,681

154%

2021

$6,134

$173,613

2019

$5,676

-1%

$171,194

—

2018

$5,759

-25%

$170,383

-37%

2017

$7,695

12%

$272,112

18%

2016

$6,868

$231,119

2015

$6,506

—

$227,994

-12%

2014

$6,508

11%

$259,440

17%

2013

$5,880

—

$221,481

—

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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 1518 Kismet Pkwy E

1518 Kismet Pkwy E, Cape Coral, FL 33909 (MLS# 226010047) is a Commercial Land property with a lot size of 5.09 acres. 1518 Kismet Pkwy E is currently listed for $5,500,000 and was received on March 05, 2026. Want to learn more about 1518 Kismet Pkwy E? Do you have questions about finding other Commercial Land 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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1518 Kismet Pkwy E Cape Coral, FL 33909