1415 Cape Coral Pkwy E Pky - Office/Residential FOR SALE


Cape Coral, FL 33904- Caloosahatchee
$22,000,000 USD
616-638-9795
1415 Cape Coral Pkwy E Pky, Cape Coral, FL for Sale
$22,000,000 USD
Office/Residential - FOR SALE
1/54
null | 15% Cap Rate

1415 Cape Coral Pkwy E Pky
Cape Coral, FL 33904
Caloosahatchee


HIGHLIGHTS

  • The community delivers 42 modern workforce housing units with efficient layouts.
  • Executive tenants benefit from 100 professionally designed office suites.
  • A convenient first-floor café enhances daily accessibility and activity.
  • Workforce housing demand supports stable, consistent rental performance.
  • Affordable housing and commercial uses strengthen the surrounding community.
  • A deed restriction ensures long-term affordability tied to local AMI standards.

OVERVIEW

New construction estimate with Curran Young created a big price drop in this development! Prime Mixed-Use Development Site with Plans in Downtown Cape Coral. Unlock a rare opportunity to own a site for a mixed-use development featuring 42 apartments, 100 executive offices, and a ground-floor café. Strategically located in downtown Cape Coral, this property appreciates walkable access to public transit, restaurants, parks, schools, and healthcare. The thoughtfully designed project balances social impact with revenue diversity: modern, efficient apartments over flexible office spaces. Under the Live Local Bill, 40% of units will be deed-restricted for households earning between 60-120% of the AMI, reinforcing community value. Buyers have options: 1) Acquire the entitled lot (3.5M) and building plans to build under their own contractor and financing. 2) Use Curran Young and the current construction estimate we have. $250/sf = 18.5M 3) Join us, if you are an accredited investor, through our fund. INVESTMENT HIGHLIGHTS: Strong demand for workforce housing and multiple income streams (residential, executive offices, and the café). Significant community impact via providing Workforce Housing. This is more than just real estate—it’s a chance to contribute meaningfully to Cape Coral’s future while securing a high-value, income-generating asset.

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

15%

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

A

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

SC

APN/PARCEL ID

18-45-24-C2-01064.0430

ASK ABOUT THIS PROPERTY

Kyle DoyonCoast Life Properties LLCMore Info
616-638-9795

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kyle DoyonCoast Life Properties LLCMore Info
616-638-9795

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.