$1,298,000

148 PKWY W, CAPE CORAL FL, 33914

Price per sqft$32.39

Lot size0.92 Acres

Property typeLand

Overview

Active

Listed Jul 28, 2026

Updated Jul 29

**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 Cape 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.

Additional information

MLS^® ID: 2026030826

Exterior Features

Lot Size: 0.92 Acres

Other Property Details

Taxes: $2,964
Tax Frequency: Annually
Secondary Association Fee: Not Listed

Listed by Yelina Gonzalez with Realty 365 Inc 786-450-1574

The IDX display contains information sourced from the Bonita Springs Association of REALTORS® as of 7/29/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 7/29/2026 at 2:13 AM UTC