1615 SE 47th Ter, Cape Coral, FL 33904 - Photo 1

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Property Description

3,634 two unit building in good condition located in CRA district. The property is zoned SC which is a very flexible zoning. The property has been previously used as an insurance office, Real Estate office, Deli, and now is being used as a Bakery and Crafts Studio. Flexible sales options are available. The property can be purchased vacant as the seller has the right to have tenants vacate upon a sale or it can be purchased occupied. The property is currently leased to two tenants generating a Net Operating Income of $44,816.00 based on current owners leases and operating expenses. Both tenants leases are expiring this year and both have expressed interest in staying. The best times to show the property are as follows: 9:30 AM to 11:30 AM or 5:00 to 5:45 PM

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Full Property Details

Full Property Details for 1615 SE 47th Terrace

General

Price: $1,072,000
Taxes: (2024)
Status: Active
Type: Office
Source: Bonita_Springs
MLS ID: 2026002275
Updated: 1/14/2026
Added to Site: 4 day(s) ago

Business

Business Type: Commercial Only

Parking

Total Spaces: 17

Location

Area: CC12 - Cape Coral Unit 7-15
County: Lee
Driving Directions: SE 47TH Terrace east of Del Prado Blvd.

Heating & Cooling

Air Conditioning: Yes

Utilities

Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

Description/Design: Office: Medical Offices, Office: Office Building, Retail-Commercial: Other
Stories/Levels: 1
Stories in Building: 1
Square Feet: 3,634
Year Built: 1978

Lot Features

Lot Size (Acres): 0.215
Lot Size (Sq. Ft.): 9,365
Lot Size Source: Property Appraiser Office
Frontage Feet: 75
Zoning: SC

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $294
Assoc Fee Freq.: Annually
Tax Year: 2024

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 7 BLK 361A PB 12 PG 113 LOTS 11 THRU 13
Inclusions: Building And Land
Property ID: 07-45-24-C3-00361.A110

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Schools

Schools serving 1615 SE 47th Terrace

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

Name	Grades	Distance
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904	K-5	0.4 mi
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	2.8 mi
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914	K-5	4.7 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	4.6 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	6 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.8 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	4.8 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	7 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	8 mi

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

Price & Sales History for 1615 SE 47th Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/14/2026

Listed

$1,072,000

—

MLS

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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 1615 SE 47th Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$10,005

-6%

$650,519

2024

$10,679

60%

$624,187

15%

2023

$6,662

23%

$543,070

41%

2022

$5,416

$384,150

2021

$5,342

—

$365,839

29%

2021

$5,342

31%

$282,964

55%

2019

$4,092

$182,457

10%

2018

$3,889

$165,870

-13%

2017

$3,666

17%

$191,581

40%

2016

$3,125

$137,083

2015

$3,082

$135,978

11%

2014

$2,844

-14%

$122,423

-17%

2013

$3,289

—

$147,231

—

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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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1615 SE 47th Ter, Cape Coral, FL 33904 (MLS# 2026002275) is a Office property. 1615 SE 47th Ter is currently listed for $1,072,000 and was received on January 14, 2026. Want to learn more about 1615 SE 47th Ter? Do you have questions about finding other Office 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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1615 SE 47th Terrace Cape Coral, FL 33904