Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Lots & Land
  • Built: No info
  • HOA: No info
  • MLS Number: 224056206
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  • On Site: 146 days
  • Updated: 38 Days Ago
  • Page Views: 2

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 property’s 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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Development Amenities

Development Amenities:

  • Bbq / Picnic Area
  • Bike Storage
  • Billiard Room
  • Boat Storage
  • Bocce Court
  • Cabana
  • Clubhouse / Clubroom
  • Common Laundry
  • Community Boat Dock
  • Community Boat Lift
  • Community Gulf Boat Access
  • Community Park
  • Community Pool
  • Community Room
  • Community Spa / Hot Tub
  • Electric Vehicle Charging
  • Exercise Room
  • Extra Storage
  • Fish Cleaning Station
  • Fishing Pier
  • Fitness Center
  • Guest Room
  • Internet Access
  • Library
  • Pickleball
  • Play Area
  • Sidewalk
  • Street Lights
  • Tennis Court
  • Trash Chute
  • Underground Utility
  • Vehicle Wash Area

Price History

DateEventPriceChange RatePrice Per
10/03/2024Price Reduced$2,150,000.002.3%N/A
07/02/2024Listed$2,200,000.00N/A

Features

Property Details for 3727 SE 15th, Cape Coral, FL 33990

Cape Coral, Lots & Land current status is Active, 3727 SE 15th is a Lots & Land in , Cape Coral, FL 33990 with property MLS ID# 224056206. This Lots & Land has been listed on Best of Luxury Realty since July 03, 2024 and is currently priced at 2,150,000. .
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$2,150,000.00
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Area Specialist

Buyer/Tenant Etiquette
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Luis Venegas
Luis Venegas
Real Estate Advisor
Office: (239) 690-6170
Specialties:
Luxury Communities, Waterfront Single Family Homes
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This property is courtesy of the Coast Life Properties LLC. This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
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