$639,000

About This Property

Flood Zone X. Positioned on a 1.127-acre parcel comprising nine lots, this exceptional property offers 154 feet of frontage on Gleason Parkway and 217 feet along Skyline Boulevard, providing excellent visibility and accessibility. Zoned R-3 Multi-Family, the site allows for up to 16 multi-family units per acre, presenting a prime opportunity for residential development. The flexible zoning also supports alternative uses such as a daycare, place of worship, and other permitted community-oriented facilities. Ideally located just minutes from Veterans Parkway and Cape Coral Parkway, the property features a wide variety of restaurants, shopping, and entertainment nearby, making it a highly desirable location for future development or investment. PLEASE see attached supplements of SITE PLANS and ARCHITECT DRAWINGS. Please see attachment for small utility ASSESSMENT PAYOFF. RML (Residential Multi-Family Low) zoning in Cape Coral is designed to accommodate multi-family housing while ensuring a transition to single-family neighborhoods, protecting their integrity. This zoning district allows for higher density residential development and is typically established where city water and sewer services are available.

infoProperty Details

Property Type

Residential Lot

Lot Size

1.13 acres

Days on Market

129

List Date

Mar 5, 2026

Annual Taxes

$11K (2025)

HOA Fee

$0

yardExterior & Lot

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Listed By

Florida Complete Realty

239-205-7200