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3731 SE 15th PL Cape Coral, FL 33904
1.03 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
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
Source Florida Gulf Coast
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 Non-Gated
Area Cape Coral
Zoning C1
Interior
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Amenities Available None
Waterfront Description None
View Y/N Yes
View City
Present Use 10-Vacant Commercial
Street Surface Paved
Garage No
Building
Lot Description Oversize
Water Assessment Paid
New Construction No
Others
Senior Community No
Tax ID 06-45-24-C3-00526.0760
Listed by Coast Life Properties LLC • Kyle Doyon