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Pinnacle Real Estate Group – FL

302 SW 7th Court, Cape Coral, FL 33991 (MLS# A11971475)

302 SW 7th Court, Cape Coral, FL 33991

$2,900,000
Property Type: Land & Docks Lot Size (sq. ft.): 50,000 Status: Active
Current Price: $2,900,000 List Date: 2/24/2026 Last Modified: 7/09/2026

Overview

Description

Cape Coral ALF Development Opportunity. Approximately 50,000 SF commercial land assemblage located at 302 SW 7th Ct, Cape Coral, FL 33991, proposed for a 100-bed Assisted Living Facility.The site is currently in final-stage municipal entitlement review, with preliminary architectural plans, site layout, parking configuration, and supporting development materials already prepared and submitted. Proposed concept includes a four-story senior housing facility with structured parking.This opportunity may be ideal for senior housing developers, ALF operators, healthcare investors, and qualified development partners seeking exposure to the growing Cape Coral market. Ownership may consider an outright sale or potential joint venture structure with a qualified buyer or development partner.OM, plans, and due diligence materials may be made available to qualified buyers upon execution of NDA. Conceptual renderings shown. Final approvals pending.

Listing Details MLS# A11971475

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
5
Lot Size Acres
1.47
Lot Size Square Feet
50000
Lot Size Dimensions
50000
Lot Depth
165
Additional Parcels YN
Yes
Additional Parcels Description
3rd Parcel ID 10068206, 2nd Parcel ID 10068205
Lot Frontage
300
LP/SqFt
58

Property Features

Comprehensive Plan Use: Other Current Use: Commercial; Unimproved Documents Available: Engineering Study; Plat Map Environmental Audit: Phase 1 Location of Property: City Location Possession: Close Of Escrow Possible Use: Commercial Special Information: City Jurisdiction Utilities: Sewer Not Available; None Listing Terms: Cash; Conventional; Other Road Responsibility: Public Maintained Road Water Source: Other Showing Requirements: Call Listing Agent Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2900000
LP/Acre
1972789.12
LP/Frontage
9666.67

Location and Legal

Country
United States
County Or Parish
Lee
County Parish Name
Lee
Street Number
302
Street Direction Prefix
SW
Street Name
7th
Street Suffix
Court
City Name
Cape Coral
Municipal Code
12
State Or Province
FL
Postal Code
33991
Postal Zip
33991
Subdivision Name
Cape Coral
Area
5940 - Other Florida County
Geographic Area
Other
Parcel Number
10068204
Zoning
Commercial

Financial Information

Tax Year
2025
Tax Annual Amount
5193
Tax Legal Description
CAPE CORAL UNIT 29 BLK 1939 PB 16 PG 22 LOTS 1 + 2

Status Change Information

Major Change Timestamp
2026-02-24T05:00:00Z
Major Change Type
New Listing
Status Change Date
2026-02-24

More Information

Price Calculations

Current Price To SqFt
45.28

Section Details

Parcel Number MLX
5

Originating Details

Originating System Key
428887485
Originating System ID
M00000151
IDX
Listing Office: TMT Real Estate, LLC.
Source MLS Verified
Last Updated: July - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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