0.57 Acres Lot
0.57 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2026033868
HOA Y/N No
Annual Tax Amount $6,661
Tax Year 2025
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions Appraiser
Property Sub-Type Residential
Property Description
The site is fully cleared, improved with a new 200-foot seawall, and benefits from water and sewer assessments being paid in full, providing a streamlined path to development.
The property's Residential Multi-Family Low (RML) zoning provides development flexibility, permitting a variety of residential product types including single-family homes, duplexes, and multifamily development with allowable densities of up to 16 units per acre.
Whether developed immediately or held as a long-term investment, 503 SW 3rd Ct. offers an exceptional opportunity to capitalize on Cape Coral's continued residential growth and strong demand for waterfront housing.
PROPERTY HIGHLIGHTS:
• 0.57± acre waterfront residential development site
• RML zoning permits multifamily, duplex, and single-family residential uses
• Residential densities of up to 16 units per acre
• 200 ft. of frontage along Lake Kennedy with a new 200 ft. seawall installed
• Water & sewer assessments paid in full
• Ability to permit a dock
• Fully cleared and development-ready
• Convenient access to shopping, dining, schools, healthcare, and major roadways
Location
State FL
County Lee
Community Cape Coral
Area Cc23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
Direction Southwest
Interior
Furnishings Furnished
Fireplace No
Exterior
Community Features Boat Facilities, Non- Gated
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description Lake
View Y/N Yes
Water Access Desc Assessment Paid
View Lake, Water
Present Use Multi-Family,Mixed Use,Single Family
Garage No
Building
Lot Description Cleared, Oversized Lot
Faces Southwest
Sewer Assessment Paid
Water Assessment Paid
Others
HOA Fee Include None
Senior Community No
Tax ID 14-44-23-C4-13000.0010
Acceptable Financing All Financing Considered, Cash, Contract, Owner May Carry
Listing Terms All Financing Considered, Cash, Contract, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026033868
Nearby Locations
If you have been thinking about selling your home, or are looking to buy your dream home, Dina Marie Realty welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.