# 523 SW 3rd Terrace, Cape Coral, FL 33991

> **TL;DR:** commercial, $190,000.
> View. Est. $823/mo. Listed 121 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $190,000 |
| Lot Size | 15,725 sqft (0.36 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 121 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $823 |
| **Total** | **$823** |

## Key Amenities

- View

## Property Highlights

- 0.36 acre lot

## Description

### Agent Description
Prime commercial opportunity in a growing section of Cape Coral. This rare triple lot-totaling 15,000 sq ft-located at 523 SW 3rd Terrace offers excellent visibility and easy access just minutes from the high-traffic corridor of Pine Island Road and Nicholas Parkway. Designated Commercial Professional (CP), the property is ideally suited for office, medical, professional services, or a variety of low-intensity commercial uses. All utilities are available, including Central Water, Sewer, and Irrigation, with assessments paid in full. The surrounding area is well-established with businesses such as Crunch Fitness and Dunkin', and close to major retailers including Office Depot, Kohl's, Walmart, and nearby healthcare services-creating strong consumer and employee convenience. The property is also located outside of any designated flood zone. A highly desirable oversized site offering exceptional development flexibility in one of Cape Coral's most active commercial districts.

## Location

- **Address:** 523 SW 3rd Terrace, Cape Coral, FL 33991
- **County:** Lee
- **Neighborhood:** CAPE CORAL
- **Coordinates:** 26.643509, -81.985965
- **Google Maps:** https://www.google.com/maps?q=26.643509,-81.985965

## Listing Agent

- **Name:** Rosaura Palermo
- **Brokerage:** Palermo Real Estate LLC
- **Phone:** 2398955053
- **Email:** rosy@rosyrealtor.com

## Primary Photo

![523 SW 3rd Terrace - Primary Photo](http://lh.rdcpix.com/f995fc9f5d5f32a53df1ed9814d26144l-f685855420r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/523-sw-3rd-terrace-cape-coral-fl-33991-25023401)*

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**MLS#:** 2025023401 | **Updated:** 2026-04-30
**Source:** listhub

*Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/523-sw-3rd-terrace-cape-coral-fl-33991-25023401)

---

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