Coral Lakes is entitled for up to 350 residential dwelling units on 34± acres of development land directly fronting Del Prado Boulevard North. Strategically located adjacent to the completed Coral Lakes single-family community, the site presents a compelling opportunity to deliver new multi-family housing along a major arterial roadway.
The property benefits from close proximity to retail, dining, and essential services, including a Publix-anchored shopping center and nearby medical facilities. It’s also within walking distance to the new Lake Meade Park and minutes away from a variety of entertainment options along Pine Island Road.
Strong regional population growth and sustained demand for rental housing continue to drive multifamily absorption in Cape Coral. With convenient access to I-75, US-41, and nearby employment and lifestyle centers, Coral Lakes stands positioned to become a premier development in one of the fastest-growing communities in the United States.
LOCATION HIGHLIGHTS:
• 0.4± miles to Publix-anchored shopping center
• 2.6± miles to Pine Island Rd
• 2.6± miles to Lowe’s Home Improvement
• 2.8± miles to US-41
• 4.5± miles to Walmart Shopping Center
• 11.4± miles to I-75)