1011 Southwest 47th Terrace

Cape Coral, FL 33914

$1,100,000
Price
33,236 / 0.76
Lot Size / Acres

Description

Shovel ready! Positioned on a corner lot, this property boasts approximately 128’± feet of waterfrontage, providing captivating views of intersecting Gulf access canals, with the added advantage of an existing seawall in place. Developer’s dream with approved plans for a three-story, 12-unit condominium or apartment building, each unit boasting 3 bedrooms and 2 bathrooms, 1,643 SF each. Permits are ready for 7 boat docks, with 2 designed for larger vessels, and 2 floating docks, offering the potential...Shovel ready! Positioned on a corner lot, this property boasts approximately 128’± feet of waterfrontage, providing captivating views of intersecting Gulf access canals, with the added advantage of an existing seawall in place. Developer’s dream with approved plans for a three-story, 12-unit condominium or apartment building, each unit boasting 3 bedrooms and 2 bathrooms, 1,643 SF each. Permits are ready for 7 boat docks, with 2 designed for larger vessels, and 2 floating docks, offering the potential to accommodate up to 13 boats. The prime location of this lot provides convenient access to nearby amenities, including dining establishments, shopping centers, beautiful beaches, and recreational opportunities. Building drawings may have to be adjusted for the new Building Codes.
  1. Listed by Fred Kermani • CRE Consultants LLC

Property Details for 1011 Southwest 47th Terrace

Area
CC21 - Cape Coral Unit 3,30,44,6
Sub Condo Name
NOT APPLICABLE
Waterfront
Yes
Waterfront Desc
Canal
Gulf Access Type
No Bridge(s)/Water Direct
View
Canal

Location

Listing Courtesy of CRE Consultants LLC, Fred Kermani
Add your commute
LISTING UPDATED: 04/01/2024 02:17 PM

Property Details for 1011 Southwest 47th Terrace

StatusActive
MLS #224028129
Days on Market38
Taxes$7,003 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot & Land / Multi Family
Year Built-
Lot Size0.76 AC
CountyLee County

Location

Listing Courtesy of CRE Consultants LLC, Fred Kermani
Add your commute

Building Information for 1011 Southwest 47th Terrace

Building Size-Lot Size0.76 AC

Payment Calculator

$6,587 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1011 Southwest 47th Terrace

Summary
Location and General Information
  • Township: 45
  • Section: 10
Parking
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 0
  • Garage: No
HOA and Fees
  • HOA Desc: No
  • HOA Fee: $.00
  • Condo Fee: $0
  • Primary HOA Fee: $0
  • Tax Annual Amount: $7,002.90
Interior and Exterior Features
Interior Features
  • Living Area Units: Square Feet
  • Fireplace: No
  • View YN: Yes
Property Information
Utilities
  • Irrigation: Central
  • Water: Assessment Paid
  • Electric On Property: Yes
Rental
Rental Information
  • Horse: No
  • Lease Term: Buyer Finance/Cash

Property History for 1011 Southwest 47th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1011 Southwest 47th Terrace

Taxable ValueLand$403,792Additions-Total$403,792
Tax Record2023$7,003 ($584 / month)
Home Facts
Beds0Lot Size33,236 SqFtStyleResidentialZoningR3-WCountyLEEAPN10-45-23-C3-03339.0490

Schools near 1011 Southwest 47th Terrace

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Gulf Elementary School
PublicPK to 5

Cape Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Pelican Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1011 Southwest 47th Terrace is a 0.76 ac of land for sale in Cape Coral, FL 33914. This property was listed for sale on March 25, 2024 by CRE Consultants LLC, it's currently listed at $1,100,000. It has been on the market for a total of 38 days and was last sold on November 17, 2021. This listing's school district is Lee. Nearby schools include Gulf Elementary School, Cape Elementary School and Skyline Elementary School. 1011 Southwest 47th Terrace is a 0-bed, 0-bath, 0.76 ac of land on a 33,236 sq. ft. / 0.76 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CRE Consultants LLC, Fred Kermani

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