Listing provided courtesy of LAUREN MICHAELS R.E. PARTNERSas Distributed by MLSGrid- MLS# MFRTB8520593MLS Provider

304 SW 3RD PLACECAPE CORAL, FL 33991

Vacant Land · 0.36 Acres
$310,000 Active

304 SW 3RD PLACE Overview

Time on Site:
13 days
Visits:
0

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

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304 SW 3RD PLACE Facts & Features

  • Type Vacant Land
  • Lot 0.36 Acres

Details

General

School Information

  • Elementary School: Patriot Elementary
  • Middle Or Junior School: Challenger Middle School
  • High School: Mariner High School

Business Information

  • Current Use: Multi Family

Location/Region

  • Country: US
  • County Or Parish: Lee
  • MLS Area Major: 33991 - Cape Coral
  • Subdivision Name: CAPE CORAL
  • Township: 44

Tax Information

  • Tax Annual Amount: 1980.62
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 14-44-23-C3-01957.0260
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: R3-D

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.36
  • Lot Size Dimensions: 125x125
  • Lot Size Square Feet: 15507
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Direction Faces: East

General Information

  • Sewer: Public Sewer
  • Utilities: Electrical Nearby,Public,Sewer Nearby,Water Nearby

304 SW 3RD PLACE Neighborhood

Community

33991 (CAPE CORAL) Demographics

45
Median Age
1,307
Population Density (per sq. mile)
34%
College Educated
$66,088
Estimated Median Income
6,903
Estimated Total Home Owners
1,717
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

304 SW 3RD PLACE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

304 SW 3RD PLACE Market Data

Based on the last 30 days in this zip code

$528,100
Average List Price
$264
Average Price per Square Foot
5
Properties Sold
102
Average Days on Market
847
Properties for Sale
Calculations provided by Reliance Network

304 SW 3RD PLACE History

Date Event Value Agent
6/17/2026Source: My Florida Regional MLS Added to Database
June 17, 2026