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Executive Summary

Introducing a prime development opportunity at 255 Santa Barbara Boulevard North in Cape Coral, Florida! This 4.97-acre commercial parcel is strategically located in the bustling commercial corridor, offering CORR zoning for versatile development options including commercial, residential, mix use and qualifies for the Live Local Act. Priced at $2.4 million, the site is ideal for a mixed-use project combining retail, medical, and residential elements to cater to Cape Coral's growing population.
Highlighted Features:
- Site Area: Approximately 4.97 acres
- Zoning: CORR (Commercial Corridor)
- Utilities: Fiber optics available on-site
- Proposed Plans available that include: 6,719 sf Commercial space and 66 residential units - Strategic Location: Close to grocery stores, schools, and residential neighborhoods
- Expansion Potential: Combine with neighboring parcels for larger development opportunities Located in Lee County, a thriving economic hub, this property is perfectly positioned to capitalize on the region's rapid growth and business-friendly environment.
Don't miss this chance to shape Cape Coral's future with this exciting opportunity at 255 Santa Barbara Boulevard North!

Property Facts

Price $3,330,744 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 4.96 AC
Opportunity Zone Yes
Zoning Commercial - CORR- Commercial, Mixed Use, Live Local Act residential.

1 Lot Available

Lot

Price $3,330,744 CAD
Price Per AC $671,520.96 CAD
Lot Size 4.96 AC

The property is a rectangular, developable parcel with 496 ft of frontage on Santa Barbara Boulevard North. Topography is flat, mostly cleared and typical of Southwest Florida coastal plain.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
12-44-23-C4-02371.000B
Land Assessment
$2,377,492 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,377,492 CAD
  • Listing ID: 39357595

  • Date on Market: 2026-02-06

  • Last Updated:

  • Address: 255 Santa Barbara Blvd, Cape Coral, FL 33991

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