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$2,200,000
43 Days Online

3727 SE 15th Place
CAPE CORAL, FL 33990

For Sale|Unimproved Land|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
Subdivision:
CAPE CORAL
County:
Lee

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3727 SE 15th Place3727 SE 15th Place3727 SE 15th Place3727 SE 15th Place
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Entitled Land with Architectural Plans for Mixed-Use Workforce Housing & Commercial Space Property For Sale: OVERVIEW This property is perfectly positioned in C1 zoning to fit all available uses (check with zoning). Prime opportunity to invest in a lucrative development featuring 70 units of workforce housing and 8,300 sq ft of versatile commercial space. This property offers a dynamic blend of residential and commercial possibilities, making it an ideal investment for developers and entrepreneurs alike. KEY PLAN FEATURES -70 Workforce Housing Units: Designed to meet the growing demand for affordable housing, these units provide comfortable and modern living spaces for our hardworking workforce. Each unit is thoughtfully planned to maximize space and livability. -8,300 Sq Ft of Commercial Space: Perfectly positioned for retail, office, or mixed-use purposes, this expansive commercial area offers flexibility to accommodate a variety of businesses. Benefit from high visibility and foot traffic in a bustling community setting. LOCATION Vacant land situated in the thriving South Cape Coral area with excellent access to public transportation, major highways, and local amenities, this property is ideally located to attract a steady stream of residents and commercial tenants. Proximity to schools, parks, restaurants, and healthcare facilities ensures convenience and a high quality of life for residents. INVESTMENT HIGHLIGHTS -Strong Demand: Workforce housing is in high demand, providing a stable and reliable rental market. The commercial space adds an additional revenue stream with potential for long-term leases. -Community Impact: Contribute positively to the community by providing much-needed affordable housing and supporting local businesses. This planned development fosters a vibrant, integrated community environment. -Growth Potential: The strategic location and mixed-use nature of the property offer significant appreciation potential. As the area continues to develop, property values are expected to rise, making this a great investment opportunity. *Deed restricted property through the Live Local Bill, requiring 40% of units to be rented to renters earning less than 120% of the AMI. SELLER FINANCING AVAILABLE

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Listing Snapshot
Price 
$2,200,000
Days Online 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.033 Acres
Year Built 
N/A
MLS® Number 
224056206
Status 
Active
Property Tax 
$60,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
a month agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.033
Additional Property Use 
CommercialMulti-FamilyMixed Use
Property Sub Type 
Unimproved Land
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater Available
Zoning 
C1
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Exterior Features
Lot Features 
See Remarks
View 
City
Waterview 
City
Community Features
Association Amenities 
None
Financing Terms Available 
Cash1031 ExchangeOwner May Carry
MLS Area 
CC12 - Cape Coral Unit 7-15
Roads 
Paved
Listing courtesy of Coast Life Properties LLC


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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