Mixed-Use Development Site | 52 Units + 13,600 SF Commercial

1122 Northeast 7th Terrace Cape Coral, FL 33909

Cape Coral
FOR SALE
Property Type:
Other Land
Amount:
$1,795,000
Last Verified:
Feb 18, 2026

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Description

1.80-acre (78,448 SF) mixed-use development site in Northeast Cape Coral zoned CC (Commercial Corridor). The offering includes architectural plans for a proposed two-building, three-story project totaling approximately 56,344 square feet, consisting of 52 residential units and approximately 13,600 square feet of ground-floor commercial space. The property is well-positioned within an established and growing residential corridor with convenient access to Del Prado Boulevard and Pine Island Road.

1122 NE 7th Terrace is located in Northeast Cape Coral within an established residential area. The property provides convenient access to Del Prado Boulevard and Pine Island Road, two primary east–west and north–south corridors serving the Cape Coral market. The location offers connectivity to surrounding neighborhoods, retail centers, and employment areas throughout Cape Coral and the greater Fort Myers region.

Building Size: 0sq ft
Lot Size: 1.8 acres

Map of 1122 Northeast 7th Terrace, Cape Coral, FL, 33909

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.