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1013 Embers Parkway W - Entitled Residential Land, Cape Coral, FL

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1013 Embers Parkway W - Entitled Residential Land

Cape Coral, FL 33993 - Cape Coral Submarket

Property Type:Land Parcel Size:104 Acres
For Sale Price:$3,750,000 Price/Acre:$36,058 Price/SF:$0.83

Proposed Use:Mixed Use

On-Site Improv:Raw land

Just north of Cape Coral's major corridor, Pine Island Rd., with commercial andprofessional office to support this site for up to 1,351 multi-family units. Close to two major Lee County schools, Mariner High School and Mariner Middle School. Also close to this developable site is a library on Chiquita Blvd. Full packages available for Due Diligence investigation period. Offered at $6,500,000 (less than $4,800/unit). City water to site; city sewer close to site.
Embers Pkwy. & Nelson Rd. N., Cape Coral, FL. Lee County parcel ID: 10-44-23-C3-00006.0200 & .0250; 15-44-23-C2-03649.0010, .0150, .0170 & .0220.

Sale Notes:
Entitled residential land for development, this property is approved for 1,400 multifamily units on approximately 104 acres of vacant land. The property enjoys almost 40 acres of existing lakes that can serve as an impressive amenity and also provide duel-purpose onsite storm water management. Surrounding infrastructure is
already in place, including electric, water, telephone and data, and public roadways. the City is currently installing sanitary sewer mains and a sewer lift station which is scheduled to be completed in the Q2 of 2019.

Located in the heart of Cape Coral's residential growth area, with convenient access to all of the Cape's best retailers and restaurants located along Pine Island Road, this site is extremely well suited to be developed as the next landmark residential community. One of the last remaining un-platted large tracts in all of the Cape.

Fischler Property Company
Phil Fischler
(239) 895-1060

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