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$300,000
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Property Description
Great investment opportunity just down the road from the high traffic intersection of Pine Island Rd & Nicholas Parkway. The parcel is situated at the corner of 3rd Terr & Nicholas Pkwy. It provides high visibility as traffic flows Northbound and Southbound by this corridor. The lot measures .54 acres (23,640 sqft). Zoning districts is CC (Commercial Corridor). Futures land use PIRD (Pine Island Road District). All utilities are available. Central Water, Sewer, and Irrigation service. Assessments paid in full. Surrounded by a blend of established businesses such as Crunch Fitness and Dunkin'. Close to major retailer like Office Depot, kohl's & Walmart, and a Health-care emergency center. The possibilities for this parcel are endless. Not in a designated flood zone. Adjoining parcels are available.
Full Property Details
Full Property Details for 513 SW 3rd Terrace
General
- Price: $300,000
- Taxes: (2024)
- Status: Active
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 224043930
- Updated: 12/10/2025
- Added to Site: 642 day(s) ago
Additional Information
- Shared Amenities: No Subdivision
Location
- Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Management Type: 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: Commercial Lot
- Elevator Desc: 5-10 Feet
- Current Bldg. Use: Commercial
Lot Features
- Property View: City
- Lot Size (Acres): 0.5427
- Lot Size (Sq. Ft.): 23,640
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 160 x 160 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 160
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: Assessment Paid, Central
- Elevation (Approx.): 5-10 Feet
- Lot Features: Oversize
- Potential Use: See Remarks
- Zoning: CORR
- Lot Description: Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $552,791
- Tax Year: 2024
- Terms: Cash, Owner Will Carry
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 36 THRU 39
- Property ID: 14-44-23-C4-01937.0360
- Section: 14
- Block: 1937
- Lot Number: 36
Listed by Palermo Real Estate LLC
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Schools
Schools serving 513 SW 3rd Terrace
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 |
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 | 1.8 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 2.5 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 1.9 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.4 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 4.3 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 513 SW 3rd Terrace
Date
Details
Price
Change
Source
3/07/2025
Price Increased
$300,000
0.04%
MLS
2/19/2025
Price Increased
$299,888
3.41%
MLS
1/30/2025
Price Reduced
$289,999
-3.33%
MLS
1/01/2025
Price Reduced
$299,999
—
MLS
5/24/2024
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 513 SW 3rd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,909
-26%
$189,120
—
2024
$3,925
3%
$189,120
—
2023
$3,810
832%
$189,120
1791%
2021
$409
-25%
$10,000
-36%
2022
$547
34%
$15,681
109%
2021
$409
-20%
$7,500
50%
2019
$512
2%
$4,993
10%
2018
$504
-4%
$4,539
10%
2017
$524
13%
$4,126
-17%
2016
$465
—
$5,000
—
2015
$466
4%
$5,000
25%
2014
$447
54%
$4,000
33%
2013
$291
—
$3,000
—
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 513 SW 3rd Terrace
513 SW 3rd Ter, Cape Coral, FL 33991 (MLS# 224043930) is a Commercial Land property with a lot size of 0.5427 acres. 513 SW 3rd Ter is currently listed for $300,000 and was received on May 24, 2024. Want to learn more about 513 SW 3rd Ter? 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.

