Entitled Mixed-Use Development
For Sale
$1,650,000
3731 SE 15th Pl, Cape Coral, FL 33904
Entitled mixed-use parcel with plans for workforce housing apartments and a six-story commercial component in South Cape Coral.
Days on Market49
Property Features for 3731 SE 15th Pl
General Information
Standard status
Active
Property subtype
Land
Zoning
C1
Additional Details
Highway Access
Yes
Multifamily Units
70
Building Details
Stories
6
Listing Agency:
Coast Life Properties LLC
(616) 638-9795
Listed By:
Kyle Doyon · License #487512970
(616) 638-9795
Source:
Elliman
Added: Jun 14
Changed: Jul 10
Last Checked: Jul 31 at 7:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coast Life Properties LLC
Investment Insights
Based on property information with market context.
This is an undeveloped commercial land parcel with entitlements and approved plans for a mixed-use development. The concept includes workforce housing apartments and approximately 8,300 square feet of versatile commercial space within a six-story building. The property is currently zoned C1, and the listing notes zoning should be confirmed for a buyer’s specific uses.
The parcel is located in the South Cape Coral area and is described as having strong connectivity to public transportation and major highways, along with access to local amenities.
A deed restriction under the “Live Local Bill” requires that 40% of units be rented to tenants earning less than 120% of the area median income. The listing indicates the seller has options for buyers: acquiring the entitled lot and building plans to proceed with their own contractor and financing, or using Curran Young and the current construction estimate provided. The property is not subject to any lease or rental agreements as of April 2024, and any future tenants or rental arrangements would be the buyer’s responsibility.
The parcel is located in the South Cape Coral area and is described as having strong connectivity to public transportation and major highways, along with access to local amenities.
A deed restriction under the “Live Local Bill” requires that 40% of units be rented to tenants earning less than 120% of the area median income. The listing indicates the seller has options for buyers: acquiring the entitled lot and building plans to proceed with their own contractor and financing, or using Curran Young and the current construction estimate provided. The property is not subject to any lease or rental agreements as of April 2024, and any future tenants or rental arrangements would be the buyer’s responsibility.
Key Highlights
- Entitled mixed‑use development in South Cape Coral with approved plans for workforce housing apartments plus commercial space.
- Planned 70 workforce housing apartments in a six‑story building with 8,300 SF of versatile commercial space.
- Zoned C1 (buyer to confirm zoning for intended uses).
Property Analytics
Property Profile
Current Use
Lease Details
70
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 33904, FL
32,029
Population
20,401
Households
1.6
Avg Household Size
56
Median Age
29%
College-Educated
95%
High-School Grad
9.7 sq mi
ZIP Area
3,302
Density / Sq Mi
$66,933
Median Household Income
$43,829
Median Earnings
$1,665
Median Rent
$347,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Entitled mixed-use parcel with plans for workforce housing apartments and a six-story commercial component in South Cape Coral.
Where is this commercial land located?
The property is located at 3731 SE 15th Pl Cape Coral, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Entitled mixed‑use development in South Cape Coral with approved plans for workforce housing apartments plus commercial space.; Planned 70 workforce housing apartments in a six‑story building with 8,300 SF of versatile commercial space.; Zoned C1 (buyer to confirm zoning for intended uses).
