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Land > Commercial Land
Active
07/02/2024
List Price
$2,100,000

3727 15th Pl
Cape Coral, FL 33904

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  • Malobo BannerMalobo Banner Square
    3727 15th Pl, Cape Coral, FL 33904 is a commercial land land of 1.033 acres. This commercial land is currently for sale for $2,100,000, and it was last sold in 2022 for $325,000.

    MLS Description

    The listing agent's description. Original Listing

    Entitled land with approved building and MEP plans for a mixed-use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well-planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office, or mixed-use purposes, providing ample flexibility for various businesses. Located in the thriving South Cape Coral area, this property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. The nearby schools, parks, restaurants, and healthcare facilities further enhance the appeal, ensuring a high quality of life for future residents. With strong demand for workforce housing, this development offers a stable rental market, complemented by the potential for long-term commercial leases. The property's design supports community impact, fostering a vibrant and integrated environment. As the area grows and develops, there is significant appreciation potential, making this a compelling investment opportunity. The property is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of the area median income (AMI). As of April 2024, Cape Coral's AMI is $88,800. Seller financing is available. Buyers may select either of two paths: Acquire the lot an build under their own contractor and financing or partner with Coast Life Developers through a build-for-buyer agreement, with the option for long-term property management. Long-term property management is available upon delivery.

    Listing Agents

    The listing agent for 3727 15th Pl is Kyle Doyon.

    Current Ownership

    Information about the current owner(s).

    Property History

    3727 15th Pl has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 3727 15th Pl

    School Information

    Public/private schools serving 3727 15th Pl

    Neighborhood

    This property is located in 33904.

    Market Trends

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    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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