Cape Coral ALF Development Opportunity. Approximately 50,000 SF commercial land assemblage located at 302 SW 7th Ct, Cape Coral, FL 33991, proposed for a 100-bed Assisted Living Facility. The site is currently in final-stage municipal entitlement review, with preliminary architectural plans, site layout, parking configuration, and supporting development materials already prepared and submitted. Proposed concept includes a four-story senior housing facility with structured parking. This opportunity may be ideal for senior housing developers, ALF operators, healthcare investors, and qualified development partners seeking exposure to the growing Cape Coral market. Ownership may consider an outright sale or potential joint venture structure with a qualified buyer or development partner. OM, plans, and due diligence materials may be made available to qualified buyers upon execution of NDA. Conceptual renderings shown. Final approvals pending.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on August 20, 2026

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More Info

Basic Information

Current UseCommercial, Unimproved
List Price$2,900,000
MIAMIA11971475
MlsStatusActive
PublicSurveyRange44
Virtual TourView Tour

Other

View Count1

Tax Information

Tax Year2025
Taxes$5,193

Location

Area5940 Florida Other
Building Number302
CountyLee
SubdivisionCape Coral
Zip33991

Utilities

SewerNone
UtilitiesNone, Sewer Not Available
Water SourceOther

Basic Information

Property SubTypeCommercial
Property TypeLand
StatusActive

Property

Acreage1.15
Lot Size Area50,000
Lot Size Square Feet50,000
Number Of Lots5
ZoningCommercial

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Grier Allen

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