3727-3801 SE 15th Pl - Commercial LAND FOR SALE


Cape Coral, FL 33904- Caloosahatchee44,867 SF
$1,650,000 USD
616-638-9795
3727-3801 SE 15th Pl, Cape Coral, FL for Sale
$1,650,000 USD
Commercial LAND - FOR SALE
1/30
44,867 SF

3727-3801 SE 15th Pl
Cape Coral, FL 33904
Caloosahatchee


HIGHLIGHTS

  • Entitled land with approved building & MEP plans for a six-story mixed-use development
  • Plans include 70 workforce housing apartments plus 8,300 SF commercial space
  • Zoned C1 in thriving South Cape Coral; deed-restricted under the Live Local Bill
  • 1.03-acre lot with 360' frontage and excellent access to highways and amenities

OVERVIEW

Located in the thriving South Cape Coral area. Entitled land with approved plans for a mixed-use development featuring workforce housing apartments and commercial space. This property is zoned C1 (confirm zoning for your uses). The project includes 70 workforce housing apartments and 8,300 square feet of versatile commercial space in a six story building. This property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. 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. Buyers have options: 1) Acquire the entitled lot ($1.65M) and building plans to build under their own contractor and financing 2) Use Curran Young and the current construction estimate we have. 60k sf x $200/sf = 12M. Specifications, features, and availability may be modified prior to contract with Curran Young. Property is currently undeveloped and not subject to any lease or rental agreements. Buyer is responsible for securing any future tenants or rental arrangements.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/ACRE

$1,601,942/AC

PRICE/SF

$37 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units

LAND ACRES

1.03 AC

LAND SF

44,867 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C 1

APN/PARCEL ID

06-45-24-C3-00526.0760

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.