148 Cape Coral Parkway $1,298,000

**Exceptional Multifamily Development Opportunity!** Rare chance to acquire a prime development site in one of Cape Coral's fastest-growing corridors. This property is planned for a **14-unit multifamily project** consisting of **two 7-unit buildings**, with significant pre-development work already completed. The project includes substantial engineering, planning, and entitlement progress, offering a valuable opportunity for developers looking to accelerate the development process. Ideally located on Cape Coral Parkway West, the property is just minutes from Cape Harbour, Tarpon Point Marina, shopping, restaurants, entertainment, and provides convenient access to the Cape Coral Bridge and Fort Myers.This property is ideally positioned to meet the growing demand for quality multifamily housing in Southwest Florida. A comprehensive Offering Memorandum (OM), including project details, development status, engineering progress, and additional supporting information, is available in the Listing Attachments section of the MLS.Buyers and their representatives are encouraged to review all attached documents and verify all information with the City of Cape Coral regarding zoning, permitted uses, approvals, and development requirements.

---