3731 SE 15th Place Cape Coral, FL 33904

Listing agency Coast Life Properties LLC Show Phone

Listed by Kyle Doyon · License #487512970 Show Phone

Added: Jun 4 Updated: Jul 22 at 10:52AM Checked: Jul 23 at 4:06AM

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MLS# 2026024881

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Investment Insights

Based on property information with market context.

Entitled mixed-use development land that is currently undeveloped and not subject to any lease or rental agreements. The site is zoned C1 (confirm zoning for your uses) and includes approved plans for a six-story project featuring workforce housing apartments along with approximately 8,300 square feet of versatile commercial space.

The development is subject to deed restrictions under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of area median income (AMI). As of April 2024, Cape Coral’s AMI is listed as $88,800.

Buyers have options to acquire the entitled lot and building plans to build under their own contractor and financing, or to use Curran Young and the current construction estimate referenced in the materials. Public remarks also describe access to public transportation, major highways, and local amenities.

Key Highlights

• Entitled land with approved plans for a mixed‑use development in South Cape Coral
• Plans include 70 workforce housing apartments in a six‑story building
• Includes 8,300 SF of versatile commercial space in the same six‑story building

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FAQs

What type of property is this?

Commercial land - Entitled, undeveloped land zoned C1 with approved plans for workforce housing apartments and ground-floor commercial space.

Where is this commercial land located?

The property is located at 3731 SE 15th Place Cape Coral, FL.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Entitled land with approved plans for a mixed‑use development in South Cape Coral; Plans include 70 workforce housing apartments in a six‑story building; Includes 8,300 SF of versatile commercial space in the same six‑story building