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3731 15th Pl, CAPE CORAL, FL 33990
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3731 15th Pl
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  • MLS#: 224056206 ( Land )
  • Street Address: 3731 15th Pl
  • Viewed: 18
  • Price: $2,150,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: Not Available
  • Bldg sqft: 0
  • Additional Information
  • Geolocation: 26.5824 / -81.943
  • County: LEE
  • City: CAPE CORAL
  • Zipcode: 33990
  • Subdivision: Cape Coral
  • DMCA Notice
  • Description
    Entitled land with approved building and MEP plans for a mixed use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office, or mixed use purposes, providing ample flexibility for various businesses. Located in the thriving South Cape Coral area, this property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. The nearby schools, parks, restaurants, and healthcare facilities further enhance the appeal, ensuring a high quality of life for future residents. With strong demand for workforce housing, this development offers a stable rental market, complemented by the potential for long term commercial leases. The propertys design supports community impact, fostering a vibrant and integrated environment. As the area grows and develops, there is significant appreciation potential, making this a compelling investment opportunity. The property is 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. Seller financing is available.
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Features
Waterfront Description
  1. None
Association Amenities
  1. None
Close Date
  1. 0000-00-00
Current Use
  1. 10-Vacant Commercial
Lot Features
  1. Oversize
Area Major
  1. CAPE CORAL
Parcel Number
  1. 06-45-24-C3-00526.0760
Possible Use
  1. Commercial
  2. Multi Use
  3. Multi-Family
  4. See Remarks
Property Type
  1. Land
Tax Year
  1. 2023
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Sewer Connected
  4. Water Connected
View
  1. City
Views
  1. 18
Water Source
  1. Assessment Paid
Zoning Code
  1. C1
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