304 SW 3RD PLACE, Cape Coral, FL 33991

Property Description

THE ULTIMATE CAPE CORAL DEVELOPER’S DREAM – WATERFRONT CORNER LOT WITH MULTIFAMILY POTENTIAL! Stop looking, you’ve just found the crown jewel of Cape Coral. This prime .39-acre waterfront CORNER LOT is the golden ticket your portfolio has been begging for. Nestled in a rapidly expanding, high-demand pocket where neighboring properties showcase high-density residential zoning up to 10+ units an acre, this parcel is a blank canvas for a lucrative multifamily masterpiece. Picture building luxury units where your tenants wake up to sparkling water views, then step outside to experience the absolute best of Southwest Florida living. Location isn’t just everything here—it’s a goldmine. Your future tenants are walking distance or a short drive from the high-thrill Sun Splash Family Waterpark, premier bowling alleys, basketball courts, and championship miniature golf. It is the ultimate "live, work, play" trifecta that keeps vacancy rates at zero. Whether you build high-end multi-generational rentals or a sleek modern plex, this corner lot commands premium rents and maximum visibility. Waterfront land in Cape Coral is disappearing fast, and a corner tract with this development upside is virtually extinct. Do not wait for someone else to build your dream. Bring your blueprint, secure your future, and dominate the market

Listing Status:

Active

Date Added:

June 17, 2026

Data Last Updated:

September 29, 2026 at 8:22PM

Listing Office:

LAUREN MICHAELS R.E. PARTNERS : 727-298-8888

Listing Agent:

Tiffany Novitsky : 323-804-5043

Contact:

727-298-8888

MLS ID:

TB8520593

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Lee

Lot

• Zoning: R3-DCAPE CORAL UNIT 29 BLK 1957 PB 16 PG 23 LOTS 26 THRU 2814-44-23-C3-01957.0260
• Current Use: Multi Family

Utilities

• Utilities: Electrical NearbyPublicSewer NearbyWater Nearby
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple