Land Size | 0.69 Acres |
Zoning | CP |
Entitled Land with Architectural Plans for Workforce Housing & Commercial Space Property for Sale:
OVERVIEW:
This property is perfectly positioned in CP zoning to fit all available uses (check with zoning). Prime opportunity to invest in a lucrative development featuring 39 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:
*39 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.
*8300 Sq Ft of Commercial Space: Perfectly positioned for CP uses, the expansive commercial area offers flexibility to accommodae 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 30% of units to be rented to renters between 60%-120% of the AMI.
OFFERED AT:
$1.5M
SELLER FINANCING AVAILABLE
PRESENTED BY:
Kyle Doyon, Broker
Coast Life Properties
CONTACT US:
Don't miss out on this exceptional investment opportunity. For more information visit our website: www.CoastLifeCompanies.com OR contact us: (239) 402-5581; KD@CoastLifeCompanies.com
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.