503 NE 7th Pl, Cape Coral, FL 33909 - Photo 1

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$56,000

Sold
Closed
Commercial Land
0.344 Acres

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Property Description

Unlock an unparalleled investment opportunity with this expansive .34-acre commercial lot, strategically located in the vibrant commercial corridor of Cape Coral. This exceptional property boasts a prime position, ensuring high visibility and accessibility for a variety of commercial ventures. Situated outside of the flood zone, this oversized lot is compliant with the Cape Coral zoning regulations, specifically Section 4.2.11, which allows for a range of commercial uses. This includes light vehicle sales, accessory parking lots, craft breweries, distilleries, wineries, building and construction with outdoor display or storage, wireless communication facilities, and marine fuel pumps. Additionally, the regulations permit multifamily, residential developments with attached 3units or greater, minor vehicle repair, industrial business centers, outdoor screen storage, mobile food courts, mobile food vendors, and home-based businesses. This diverse range of allowable uses opens the door to numerous possibilities for innovative development. Don't miss out on this rare opportunity to invest in a thriving commercial corridor in Cape Coral. Whether you're looking to establish a dynamic business or develop a multi-use project, this lot is ready for your vision. Contact us today to explore this exciting opportunity!

Full Property Details

Full Property Details for 503 NE 7th Pl

General

Sold For: $56,000
Taxes: (2024)
Status: Closed
Type: Commercial Land
Source: Bonita_Springs
MLS ID: 225073244
Added to Site: 103 day(s) ago

Additional Information

Shared Amenities: Non-Gated

Location

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

Community

Assoc. Fees Include: None

Utilities

Sewer: Assessment Paid
Water: Assessment Paid
Utility Description: Other

Structural Information

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

Lot Features

Property View: Trees/Woods
Lot Size (Acres): 0.344
Lot Size (Sq. Ft.): 14,984
Lot Size Source: Property Appraiser Office
Lot Dimensions: 120 x 120 x 125 x 125
Frontage: Public Road
Frontage Feet: 120
Irrigation System: Assessment Paid
Lot Features: Regular
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Price Per Acre: $162,790
Tax Year: 2024
Terms: Buyer Finance/Cash

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 35 BLK 2005 PB 16 PG 103 LOTS 76 THRU 78
Property ID: 12-44-23-C2-02005.0760
Section: 12
Block: 2005
Lot Number: 76

Listed and Sold by EXP Realty LLC

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— 503 NE 7th Pl —

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Schools

Schools serving 503 NE 7th Pl

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	1.1 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	1.7 mi
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	1.8 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.6 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	1.7 mi
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993	6-8	3 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	2.9 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	3 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.8 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 503 NE 7th Pl

Date

Details

Price

Change

Source

11/07/2025

Sold

$56,000

-13.85%

MLS

10/09/2025

Price Reduced

$65,000

-5.8%

MLS

10/06/2025

Listed

$69,000

—

MLS

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

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503 NE 7th Pl, Cape Coral, FL 33909 (MLS# 225073244) is a Commercial Land property that was sold at $56,000 on November 07, 2025. Want to learn more about 503 NE 7th Pl? 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.

503 NE 7th Pl Cape Coral, FL 33909