Cape Coral, FL 33991 523 SW 3rd Terrace
$189,900


Presented By: Palermo Real Estate LLC
Home Details
Prime commercial opportunity in a growing section of Cape Coral. This rare triple lot—totaling 15,000 sq ft—located at 523 SW 3rd Terrace offers excellent visibility and easy access just minutes from the high-traffic corridor of Pine Island Road and Nicholas Parkway. Designated Commercial Professional (CP), the property is ideally suited for office, medical, professional services, or a variety of low-intensity commercial uses.
All utilities are available, including Central Water, Sewer, and Irrigation, with assessments paid in full. The surrounding area is well-established with businesses such as Crunch Fitness and Dunkin’, and close to major retailers including Office Depot, Kohl’s, Walmart, and nearby healthcare services—creating strong consumer and employee convenience. The property is also located outside of any designated flood zone.
A highly desirable oversized site offering exceptional development flexibility in one of Cape Coral’s most active commercial districts.
Presented By: Palermo Real Estate LLC
General for 523 SW 3rd Terrace
Association Fee IncludesNone
CityCape Coral
Community FeaturesNone
CountyLee
Current UseCommercial
DirectionsHeading Pine Island to the West, Make a right on Nicolas. 3 blocks down is 3rd Terrace, make a right. Lot is to the right.
DisclosuresAgentHasFinancialInterest, OwnerIsListingAgent
Facing DirectionSouth
HOA Fee$
HOA Fee 2
HOA Fee 3
Land Lease Amount
Lease Considered Y/NNo
Legal DescriptionCAPE CORAL UNIT 29 BLK 1937 PB 16 PG 22 LOTS 33 THRU 35
Lot Size UnitsAcres
MLS AreaCC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
PossessionCloseOfEscrow
Possible UseOffice
PostalCityCape Coral
Property Sub Type AdditionalCommercial, UnimprovedLand
Property SubtypeCommercial
Property TypeLand
Senior Community Y/NNo
SewerAssessmentPaid, PublicSewer
Standard StatusActive
StatusActive
Subdivision NameCAPE CORAL
Tax Annual Amount1658
Tax Lot33
Tax Year2025
UtilitiesCableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
ViewCity
Virtual TourClick here
Waterfront FeaturesNone
Zoning DescriptionCC
Exterior for 523 SW 3rd Terrace
Covered Spaces
Lot Dimensions133 x 125 x 118 x 125
Lot FeaturesMultipleLots, OversizedLot
Lot Size Acres0.361
Lot Size Area0.361
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Road ResponsibilityPublicMaintainedRoad
Road Surface TypePaved
Water SourceAssessmentPaid, Public
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Luis Feo La Cruz
Realtor®
