503 SW 3rd CT
CAPE CORAL, FL 33991
$550,000
Type: Lots / Land
Listing #2026013042
This exceptional multi-family zoned lot offers 200 feet of lakefront on the scenic shores of LAKE KENNEDY in beautiful Cape Coral, Florida. With water and sewer assessments fully paid and a BRAND NEW SEAWALL, this property is development-ready and perfectly suited for investors or builders looking to create a premier project. Lake Kennedy, part of the sought-after Seven Lakes Chain, provides tranquil water views and access to boating, fishing, and recreational activities, making this location ideal for residents who enjoy an active lifestyle. The generous lakefront footage offers plenty of space for multiple units to enjoy serene water views, as well as plenty of space for a large shared outdoor area or dock. Cape Coral's thriving community, excellent schools, and proximity to shopping, dining, and entertainment enhance the lot's value, making it an ideal investment opportunity. Don't miss this chance to build on one of the area's most desirable lakes and bring your project vision to life in the heart of Cape Coral!
Property Features
County: Lee
Development: CAPE CORAL
MLS Area: CC23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68
Community: No Subdivision
Latitude: 26.641739
Longitude: -81.9826609
Subdivision: CAPE CORAL
Utilities On Site: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Irrigation: Assessment Paid
Lot Description: Oversize
Lot Size in Acres: 0.574
Possible Best Use: Multi-Family
Best Use: 08-Multi-Family-Less Than 10 Uni
Rear Exposure: NE
Waterfront Description: Lake
View Description: Lake
Property Type: LL
Status: Active
Restrictions: No RV
Boat Access: None
Tax Year: 2025
Tax Amount: $6,660.73
Original List Price: 550000
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Listing Courtesy of: Elite Global Realty Group LLC Co-listing agent:
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Sposen Signature Homes LLC are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Southwest Florida data last updated at April 28, 2026, 11:24 AM ET
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