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EverySWFLHome Team

info@realprorealestate.com +1(239) 299-8100

$1,650,000

Est. payment - /mo

1.03 Acres Lot

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Key Details

Property Type Vacant Land, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 2026024881

HOA Y/N No

Annual Tax Amount $5,978

Tax Year 2025

Lot Size 1.033 Acres

Acres 1.033

Lot Dimensions Appraiser

Property Sub-Type Commercial

Property Description

Located in the thriving South Cape Coral area. Entitled land with approved plans for a mixed-use development featuring workforce housing apartments and commercial space. This property is zoned C1 (confirm zoning for your uses). The project includes 70 workforce housing apartments and 8,300 square feet of versatile commercial space in a six story building. This property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. Deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of the area median income (AMI). As of April 2024, Cape Coral's AMI is $88,800. Buyers have options: 1) Acquire the entitled lot ($1.65M) and building plans to build under their own contractor and financing 2) Use Curran Young and the current construction estimate we have. 60k sf x $200/sf = 12M. Specifications, features, and availability may be modified prior to contract with Curran Young. Property is currently undeveloped and not subject to any lease or rental agreements. Buyer is responsible for securing any future tenants or rental arrangements.

Location

State FL

County Lee

Community Cape Coral

Area Cc12 - Cape Coral Unit 7-15

Direction Southeast

Rooms

Bedroom Description NaN

Interior

Furnishings Furnished

Fireplace No

Exterior

Community Features Non- Gated

Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available

Amenities Available None

Waterfront Description None

View Y/N Yes

Water Access Desc Assessment Paid

View City

Present Use Commercial,Multi-Family,Mixed Use

Garage No

Building

Lot Description Multiple lots, Oversized Lot, See Remarks

Faces Southeast

Sewer Assessment Paid

Water Assessment Paid

Others

HOA Fee Include None

Senior Community No

Tax ID 06-45-24-C3-00526.0760

Acceptable Financing All Financing Considered, Cash, 1031 Exchange

Disclosures Deed Restriction, Owner Is Listing Agent

Listing Terms All Financing Considered, Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/224056206

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Listed by Coast Life Properties LLC • Kyle Doyon

NEARBY SCHOOL & BUSINESS

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EverySWFLHome Team

+1(239) 299-8100

Broker / Team Leader | License ID: BK3449476

Broker / Team Leader License ID: BK3449476

3731 SE 15th PL Cape Coral, FL 33904

EverySWFLHome Team

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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