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Photo 1 of Land for sale at 148 Cape Coral Pkwy W, Cape Coral, FL 33914 | MLS# 2026030826 | Listing updated on 2026-07-28
Photo 2 of Land for sale at 148 Cape Coral Pkwy W, Cape Coral, FL 33914 | MLS# 2026030826 | Listing updated on 2026-07-28
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$1,298,000

Monthly Est:$6,461

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon0.92acre lot

148 Cape Coral Pkwy W, Cape Coral, FL 33914

$6,461/moEst:

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  • Unimproved Land

  • Built in -

  • $-- HOA

  • 0.92 acre lot

  • $1,410,870/acre

Description

**Exceptional Multifamily Development Opportunity!** Rare chance to acquire a prime development site in one of Cape Coral's fastest-growing corridors. This property is planned for a **14-unit multifamily project** consisting of **two 7-unit buildings**, with significant pre-development work already completed.
The project includes substantial engineering, planning, and entitlement progress, offering a valuable opportunity for developers looking to accelerate the development process. Ideally located on Cape Coral Parkway West, the property is just minutes from Cape Harbour, Tarpon Point Marina, shopping, restaurants, entertainment, and provides convenient access to the Cap
e Coral Bridge and Fort Myers.This property is ideally positioned to meet the growing demand for quality multifamily housing in Southwest Florida.
A comprehensive Offering Memorandum (OM), including project details, development status, engineering progress, and additional supporting information, is available in the Listing Attachments section of the MLS.Buyers and their representatives are encouraged to review all attached documents and verify all information with the City of Cape Coral regarding zoning, permitted uses, approvals, and development requirements.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: July 28, 2026 at 8:15 pm
  • Listing Provided by: Yelina Gonzalez (786) 450-1574 DRE #258031388 | Realty 365 Inc (786) 450-1574
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026030826 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Lee County

  • City

    Cape Coral

  • Neighborhood

    Pelican

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    0.92 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2026030826

  • MLS Status

    Active

  • Days on Market

    98

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Assessment Paid

Utilities & Energy

  • Water Source

    Assessment Paid, Public

  • Utilities

    Sewer Available, Water Available

Other Features

  • Lot Features

    Oversized Lot

  • Community Features

    None

  • Subdivision Name

    Cape Coral

Price History

DateEventPrice

07/28/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026030826

Listed for Sale

$1,298,000 +686.67%

$0/sqft

03/13/2024

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #224010445

Price Decreased

$165,000 -8.33%

$0/sqft

03/13/2024

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #224010445

Sold

$180,000

$0/sqft

Pelican Ranks #4 in Cape Coral, FL

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866

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Rental prices
$1,714

Rental Prices

Median Home Price
$510K

Median Home Price

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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 07:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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