The Cove at 47th
Cape Coral's Premier Mixed-Use Destination
Located at 870 Southeast 47th Terrace in Cape Coral’s entertainment district, The Cove at 47th is a luxury mixed-use community that blends modern apartment living with retail, dining, and public amenities. It has become a centerpiece of downtown Cape Coral, offering residents and visitors a vibrant place to live, work, and play.
Recent Developments
First Public Parking Garage Opens!
On October 3, 2025, Cape Coral celebrated the ribbon-cutting for its first public parking garage. The two-story facility provides 125 public spaces through a partnership between the South Cape Community Redevelopment Agency (CRA) and Flaherty & Collins Properties.
Parking is available to the public with one free hour, followed by $2 for the second hour and $1 for each additional hour (up to $20). Special event parking costs $15. City officials note that the garage supports local businesses and encourages visitors to explore downtown Cape Coral.
Luxury Amenities
The Cove at 47th offers 327 apartment units, including studios, one-bedroom, and two-bedroom options with high-end finishes. Residents enjoy resort-style amenities designed for wellness, productivity, and community.
Fitness & Wellness
- State-of-the-art fitness center with virtual classes
- Private yoga room
Outdoor Spaces
- Heated pool with lap lanes and beach entry
- Rooftop Sky Terrace with sunset views
- Courtyards with grilling stations and lounge areas
- Bark park for dogs
Work & Community
- Private offices and co-working spaces
- High-speed Wi-Fi in common areas
- Community lounge
Pet-Friendly Features
- Pet spa and washing station
- Dedicated pet play areas
In-Unit Features
- Stainless steel appliances and quartz countertops
- Premium wood-style vinyl flooring and LED lighting
- In-unit washer and dryer
- ORI Cloud Bed in select studio units
- Electric vehicle charging stations
Dining & Retail
The Cove at 47th includes approximately 18,000 square feet of retail, commercial, and office space. Confirmed restaurants include:
- Oak & Stone – A casual gourmet tavern with a self-pour tap wall featuring nearly 50 rotating craft options, indoor and outdoor bars, a social courtyard, and private dining. Menu highlights include artisan pizzas, Philly cheesesteak egg rolls, wings, Voodoo chicken sandwiches, and weekend brunch.
- Seed & Bean Market – Opening soon, this cafe and marketplace offers CBD drinks, gourmet coffee, unique beers, and food in a welcoming community atmosphere.
- Big Nick’s BBQ – Opening fall 2025, this fast-casual location will feature smoked meats, tacos, salads, and beer and wine options.
- Aqua Seafood & Steaks – Expected early 2026, this fine-dining restaurant will offer Mediterranean-inspired seafood and steaks, plus a rooftop bar and nightly entertainment.
Development Team: Flaherty & Collins, Baker Barrios Architects, American Structurepoint, DeAngelis Diamond, Owen Key Construction, Huntington Bank, and Forum Investment Group.
Learn more or schedule a tour: coveat47th.com
