3731 SE 15th Pl,CAPE CORAL, FL 33904
CAPE CORAL, FL 33904
Description
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 and building plans to build under their own contractor and financing; 2) Use Curran Young and the current construction estimate we have. 60,837 sf x $180/sf = $10.95M. 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.
Details
| MLS # | 2026024881 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 162 |
| Listing Provided By | Coast Life Properties LLC | Kyle Doyon |
Features
| Zoning | C1 |
|---|---|
| Acreage | 1.03 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Lot Features | Oversize |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Tax Annual Amount | 5978 |
|---|---|
| Tax Block | 526 |
| Tax Legal Description | CAPE CORAL UNIT 11 BLK 526 PB 13 PG 48 LOTS 76 77 78 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33904 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $950,000 low | high Med: $365,000 On site: 162 low | high Med: 226 | |
Market Activity 33904
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33904 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $950,000 low | high Med: $365,000 On site: 162 low | high Med: 226 | |
