1632 17Th St Cape Coral, FL 33909
- Land
Current Use by Public Records
- Land
Property Details for 1632 17Th St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 10,000 square foot vacant land parcel presents a compelling investment opportunity in the thriving Cape Coral, Florida market. Located at 1632 NE 17th Street, zip code 33909, this property is zoned RML, making it ideally suited for multifamily residential development. The high demand for rental units in this area makes this a particularly attractive proposition for builders and developers. Comparable duplex lots in the immediate vicinity are currently selling for over $100,000, underscoring the significant potential return on investment. This property offers a unique chance to capitalize on the robust growth of the Cape Coral housing market. The location within a desirable neighborhood further enhances its appeal. The asking price for this prime development site is $95,000. This represents a significant opportunity to acquire land in a rapidly expanding market, poised for substantial appreciation. Don't miss this chance to secure a foothold in one of Florida's most dynamic real estate markets. The property is situated in Lee County, Florida, and its coordinates are 26.6841934 latitude and -81.9395781 longitude. This vacant land offers a blank canvas for a lucrative multifamily residential project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.9396
- Latitude
- 26.6842
