UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2026009047
HOA Y/N No
Annual Tax Amount $3,549
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions Appraiser
Property Sub-Type Residential
Property Description
Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation.
Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs.
This property offers excellent potential for multi-unit income generation in a market with increasing demand for residential housing. Whether you are planning to build and hold for cash flow or develop for resale, this lot represents a strategic addition to any real estate portfolio.
Serious inquiries only. Detailed information available upon request.
Location
State FL
County Lee
Community Cape Coral
Area Cc31 - Cape Coral Unit 17, 31-36,
Direction East
Interior
Furnishings Furnished
Fireplace No
Exterior
Community Features None, See Remarks
Utilities Available None
Amenities Available None
Waterfront Description None
Water Access Desc Assessment Unpaid
View Partial Buildings
Present Use Multi-Family
Garage No
Building
Lot Description Rectangular Lot
Faces East
Sewer Assessment Unpaid
Water Assessment Unpaid
Others
HOA Fee Include None
Senior Community No
Tax ID 31-43-24-C1-02162.0710
Acceptable Financing All Financing Considered, Cash
Disclosures Owner Is Listing Agent, RV Restriction(s)
Listing Terms All Financing Considered, Cash
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026009047
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Broker / Team Leader | License ID: BK3449476
Broker / Team Leader License ID: BK3449476