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Last updated on July 6th, 2024

Entitled With Plans Mixed-Use Commercial Land

$2,200,000

3727 SE 15th Pl, Cape Coral, Florida 33904


Land Size1.03 Acres
ZoningC1

Entitled with Plans for 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 8300 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 modering living spaces for our hardworking workforce. Each unit is thoughtfully planned to maximize space and livability.

*8300 Sq Ft of Commercial Space: Perfectly positioned for retail, office, or mixed-used purposes, this expansive commercial area offers flexibility to accomodate a variety of businesses. Benefit from high visibility to accomodate 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 amentities, 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 30% of units to be rented to renters between 60%-120% of the AMI.

OFFERED AT

$2.2M

SELLER FINANCING AVAILALBLE

PRESENTED BY:

Kyle Doyon, Broker

Coast Life Companies

CONTACT US

Don't miss our on this exceptional investment opportunity. For more information visit our website: www.CoastLifeCompanies.com OR contact us today: (616) 638-9795; KD@CoastLifeCompanies.com


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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