Cape 720 is a fully approved 4.15± acre parcel entitled for a 4-story, 100-unit garden-style apartment community featuring elevators and concrete block construction. The site is ideally located off SW 3rd Street with direct access to Nicholas Parkway, which connects to Pine Island Road—one of Cape Coral’s primary commercial corridors. The property offers a buyer the flexibility to move forward with the existing entitlements and approvals for the planned 100-unit multifamily development or to modify the plans to suit their own vision. The surrounding area has experienced significant commercial growth, particularly along Pine Island Road, with nearby national retailers including Walmart Neighborhood Market, Publix, Sam’s Club, Kohl’s, and ALDI, providing strong support for future residential demand. PROJECT OVERVIEW: Cape 720 is a fully approved 100-unit multifamily development. The site plan features two 4-story buildings with elevators, thoughtfully designed around a central lake and boardwalk, offering a unique blend of density and open space. The site is designed for concrete block construction.