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3727 SE 15th Place
Cape Coral FL 33990 US

$2,150,000

Active Listing ID 224056206
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Lot: 1.03 Acres
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$2,150,000

Active Listing ID 224056206
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3727 SE 15th Place 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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Property Features

  • Facts
  • Lot Size: 1.03 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Multiplelots

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2150000
  • unparsedaddress: 3727 SE 15th Place
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33990
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.033
  • lotsizeunits: Acres
  • lotsizearea: 1.033
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.582384
  • longitude: -81.942983
  • listagentfullname: Kyle Doyon
  • listagentemail: KD@CoastLifeCompanies.com
  • listagentkey: 3yd-FMSWFL-P3586353
  • listagentmlsid: P3586353
  • listagentpreferredphone: 6166389795
  • listagentofficephone: 6166389795
  • listofficekey: 3yd-FMSWFL-PO15515
  • listagentstatelicense: 487512970
  • listofficemlsid: PO15515
  • disclaimer: Copyright © 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • listingcontractdate: 2024-07-02
  • countyorparish: Lee
  • parcelnumber: 06-45-24-C3-00526.0760
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: City
  • waterfrontyn: False
  • exteriorfeatures: Multiplelots
  • architecturalstyle: Other
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.942986, 26.582384
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coast Life Properties LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"KD@CoastLifeCompanies.com", "ListBrokerageCity":"CAPE CORAL", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Coast Life Properties LLC", "ListBrokeragePhone":"616-638-9795", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1101 LENOX CT", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1222 47th St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"P3586353", "ListOfficeCity":"CAPE CORAL", "ListOfficeCountry":"US", "ListOfficeEmail":"Coastlifeproperties@hotmail.com", "ListOfficePostalCode":"33904", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Cape Coral, FL", "ListingURL":"https://listings.listhub.net/pages/FMSWFL/224056206/?channel=rexren", "MLSModificationTimestamp":"2024-10-18T10:03:49Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":60000, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/19/2024 10:16:17 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Kyle Doyon, Coast Life Properties LLC, KD@CoastLifeCompanies.com

Copyright © 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.