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    124 31St Pl Cape Coral, FL 33993

    For Sale
    $49,000

    10,000 sq ft vacant lot, R1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,000 square foot residential lot presents a remarkable opportunity in the desirable Cape Coral, Florida market. Located at 124 NW 31st Place, this property is conveniently situated just east of Burnt Store Road, nestled between Embers Parkway and Tropicana Parkway. The lot is zoned R1, offering flexibility for residential development. The property's APN is 08-44-23-C4-03987.0790. With its generous size and prime location, this vacant land is ideal for building a new home or investment property. The asking price is $49,000. This represents a compelling investment in a thriving Florida community. Buyers are encouraged to conduct their own due diligence to verify zoning and permitted uses. The property is located in Lee County, Florida, with a zip code of 33993. The coordinates are latitude 26.6555431 and longitude -82.0388758. Don't miss this chance to acquire a piece of Cape Coral's vibrant real estate landscape.

    Property Features for 124 31St Pl

    General Information

    Property type
    Land

    HighLights

    • $49,000 asking price for vacant residential land.
    • 10,000 square foot lot.
    • R1 zoning.
    • Located at 124 NW 31st Pl, Cape Coral, FL 33993 (Lee County).
    • APN: 08‑44‑23‑C4‑03987.0790.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.0388758
    Latitude
    26.6555431

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    FAQs

    What type of property is this?
    Land - 10,000 sq ft vacant lot, R1 zoning.
    Where is this land located?
    The property is located at 124 31St Pl Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: $49,000 asking price for vacant residential land.; 10,000 square foot lot.; R1 zoning.
    (239) 823-0115
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    124 31St Pl Cape Coral, FL 33993
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 31St Pl Cape Coral, FL 33993
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