Back 605 SW 47th Terrace
Off Market

605 SW 47th Terrace

Cape Coral FL 33914

1.49 ac.
Land
Last sold for $1,000,000
Peggy SiebertPeggy Siebert, last sold this property on 07 June 2024 after 472 days on market.

Overview

PRIME PRIME INVESTMENT LOCATION ZONED FOR MF HOUSING!! 520 LF of brand new seawall completed in 2022. City utilities available. Located within 1 mile of the coming soon Bimini Square, The Cove at 47th Luxury Apartments, Restaurants and Entertainment in the heart of downtown Cape Coral! Not a better location than this with direct Gulf Access. Cape Harbour to the West, Downtown Cape Coral to the East and Tarpon Point/8 Lakes Region located directly in front of property makes this an absolute UNBEATABLE location! Recent Civil Engineering, Floor Plan Designs/Conceptual Designs available for serious qualified investors!!!!

Features

1.49 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cape Coral over the last 12 months, the estimated median property value of 605 SW 47th Terrace is $140k.

Median value
$140k
Estimated value range
$30k - $2.63m
Median days on market
80
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 605 SW 47th Terrace

2024
Sold
$1,000,000
07 Jun 2024 by Peggy Siebert, of Beattie Realty Team
2021
Sold
$745,000
23 Apr 2021 by Gary Bottari, of PREMIER FLORIDA REALTY OF SWFL
2019
Sold
$570,000
19 Aug 2019 by David Jennings, of ALLIANCE REALTY GROUP

Happy sellers in Cape Coral

77%
77% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Cape Coral over the last 12 months.

Local market activity for land plots in Cape Coral

In the last 12 months, 154 land plots similar to 605 SW 47th Terrace, have been sold.

This represents a 1% decrease in land plots sales when compared to the previous 12 months.

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