Prime development opportunity in South Cape Coral! This entitled land parcel is offered with approved plans for a mixed use project featuring 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP (confirm with zoning for intended use), offering an ideal live work scenario for residents. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. High rental demand and flexible use make this a standout investment opportunity, offering stable income potential through long term residential and commercial leases. The property is deed restricted under Floridas Live Local Bill, requiring 40% of units to be leased to individuals earning no more than 120% of the Area Median Income (AMI), which is $88,800 as of April 2024. Whether you're a developer or investor seeking to contribute to Cape Corals workforce housing solutions while capturing long term value, this property is ready for action.