Entitled Mixed-Use Development Land

3731 SE 15th Pl, Cape Coral, FL 33904

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For Sale

$1,650,000

Entitled mixed-use parcel with plans for workforce housing apartments and a six-story commercial component in South Cape Coral.

Type:Land

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).
Live Local Bill deed restriction: 40% of units must be rented to tenants earning less than 120% of area median income (AMI).
As of April 2024, Cape Coral AMI is $88,800; property is currently undeveloped and not subject to leases or rental agreements.
Buyer options: acquire the entitled lot and building plans, or use Curran Young and the current construction estimate.

We can help!

Listing Contact

Kyle Doyon

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For Sale

$1,650,000

Entitled mixed-use parcel with plans for workforce housing apartments and a six-story commercial component in South Cape Coral.

Type:Land

Added:: Jun 14, 2026
Days on Market:: 3
Last Refresh:: Jun 16 at 3:10 am

Property Features for 3731 SE 15th Pl

General Information

Standard status: Active
Property subtype: Land

We can help!

Listing Contact

Kyle Doyon

Listing agent Kyle Doyon License #487512970

Listing office Coast Life Properties LLC

Listing date Jun 14, 2026

Source Elliman

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

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).
Live Local Bill deed restriction: 40% of units must be rented to tenants earning less than 120% of area median income (AMI).
As of April 2024, Cape Coral AMI is $88,800; property is currently undeveloped and not subject to leases or rental agreements.
Buyer options: acquire the entitled lot and building plans, or use Curran Young and the current construction estimate.

Overview

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.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

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Local Demand

City: Cape Coral
County: Lee
State: Florida
Longitude: -82.0056429
Latitude: 26.5819962

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For sale
Commercial land
FL
Cape Coral
33904
3731 SE 15th Pl

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).