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$2,900,000
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Property Description
Cape Coral ALF Development Opportunity. Approximately 50,000 SF commercial land assemblage located at 302 SW 7th Ct, Cape Coral, FL 33991, proposed for a 100-bed Assisted Living Facility. The site is currently in final-stage municipal entitlement review, with preliminary architectural plans, site layout, parking configuration, and supporting development materials already prepared and submitted. Proposed concept includes a four-story senior housing facility with structured parking. This opportunity may be ideal for senior housing developers, ALF operators, healthcare investors, and qualified development partners seeking exposure to the growing Cape Coral market. Ownership may consider an outright sale or potential joint venture structure with a qualified buyer or development partner. OM, plans, and due diligence materials may be made available to qualified buyers upon execution of NDA. Conceptual renderings shown. Final approvals pending.
Full Property Details
Full Property Details for 302 SW 7th
General
- Price: $2,900,000
- Taxes: $5,193 (2025)
- Status: Active
- Type: Commercial Land
- Source: Martin_County
- MLS ID: A11971475
- Updated: 9/4/2026
- Added to Site: 196 day(s) ago
Location
- Area: 5940 FL outside St. Lucie Martin Palm Beach Broward Counties
- County: Lee
- Subdivision: Cape Coral
Community
- Community Name: 5940 FL outside St. Lucie Martin Palm Beach Broward Counties
Utilities
- Utility Description: None, Other
Lot Features
- Lot Size (Acres): 1.47
- Lot Size (Sq. Ft.): 50,000
- Lot Size: 1.47
- Lot Dimensions: 50000
- Zoning: Commercial
Financial Considerations
- Tax Amount: $5,193
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Corporation
- Documents Avail.: Aerial, Environmental Study, Plat
- Legal Description: CAPE CORAL UNIT 29 BLK 1939 PB 16 PG 22 LOTS 1 + 2
- Property ID: 10068204
Listed by TMT Real Estate, LLC. and Luxury Level Realty Group, LLC.
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Schools
Schools serving 302 SW 7th
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Hector A. Cafferata Jr Elementary School 250 Santa Barbara Boulevard North, Cape Coral, FL 33993 | K-5 | 1.3 mi |
Patriot Elementary School 711 Southwest 18th Street, Cape Coral, FL 33991 | K-5 | 1.6 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 1.9 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 1.5 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 1.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 1.7 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.5 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.2 mi |
Trafalgar Elementary School 1850 Southwest 20th Avenue, Cape Coral, FL 33991 | K-5 | 2.4 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 302 SW 7th
Date
Details
Price
Change
Source
2/24/2026
Listed
$2,900,000
1467.57%
MLS
5/07/2021
Sold
$185,000
—
Public Record
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 302 SW 7th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,185
—
$34,375
10%
2025
$1,185
3%
$31,250
—
2024
$1,151
10%
$31,250
—
2023
$1,047
-1%
$31,250
-23%
2022
$1,054
6%
$40,625
30%
2021
$995
-27%
$31,250
—
2019
$1,361
-1%
$31,250
—
2018
$1,378
8%
$31,250
—
2017
$1,273
30%
$31,250
150%
2016
$979
-2%
$12,500
—
2015
$1,000
15%
$12,500
25%
2014
$870
19%
$10,000
33%
2013
$729
—
$7,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 302 SW 7th
302 SW 7th, Cape Coral, FL 33991 (MLS# A11971475) is a Commercial Land property with a lot size of 1.47 acres. 302 SW 7th is currently listed for $2,900,000 and was received on February 24, 2026. Want to learn more about 302 SW 7th? 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.

