Listing Provided Courtesy of Coast Life Properties LLCFully entitled with Plans Mixed-Use Workforce Housing and Commercial Space (Vacant) Property for Sale:
OVERVIEW
This property is perfectly positioned in C1 zoning to fit all available uses (check with zoning). Prime opportunity to invest in a lucrative development featuring 39 units of workforce housing and 8,300 sq ft of versatile commercial space. This property offers a dynamic blend of residential and commercial possibilities, making it an ideal investment for developers and entrepreneurs alike.
KEY PLAN FEATURES
-39 Workforce Housing Units: Designed to meet the growing demand for affordable housing, these units provide comfortable and modern living for our hardworking workforce. Each unit is thoughtfully planned to maximize space and livability.
-8,300 Sq Ft of Commercial Space: Perfectly positioned for retail, office, or mixed-use purposes, this expansive commercial area offers flexibility to accommodate a variety of businesses. Benefit from high visibility and foot traffic in a bustling community setting.
LOCATION
Vacant land situated in the thriving South Cape Coral area with excellent access to public transportation, major highways, and local amenities, this property is ideally located to attract a steady stream of residents and commercial tenants. Proximity to schools, parks, restaurants, and healthcare facilities ensures convenience and a high quality of life for residents.
INVESTMENT HIGHLIGHTS
-Strong Demand: Workforce housing is in high demand, providing a stable and reliable rental market. The commercial space adds an additional revenue stream with potential for long-term leases.
-Community Impact: Contribute positively to the community by providing much-needed affordable housing and supporting local businesses. This planned development fosters a vibrant, integrated community environment.
-Growth Potential: The strategic location and mixed-use nature of the property offer significant appreciation potential. As the area continues to develop, property values are expected to rise, making this a great investment opportunity.
*Deed restricted property through the Live Local Bill, requiring 30% of units to be rented to renters making between 60%-120% of the AMI.
SELLER FINANCING AVAILABLE
CONTACT US
Don’t miss out on this exceptional investment opportunity. For more information visit our website or contact us today.
www.CoastLifeCompanies.com
OVERVIEW
This property is perfectly positioned in C1 zoning to fit all available uses (check with zoning). Prime opportunity to invest in a lucrative development featuring 39 units of workforce housing and 8,300 sq ft of versatile commercial space. This property offers a dynamic blend of residential and commercial possibilities, making it an ideal investment for developers and entrepreneurs alike.
KEY PLAN FEATURES
-39 Workforce Housing Units: Designed to meet the growing demand for affordable housing, these units provide comfortable and modern living for our hardworking workforce. Each unit is thoughtfully planned to maximize space and livability.
-8,300 Sq Ft of Commercial Space: Perfectly positioned for retail, office, or mixed-use purposes, this expansive commercial area offers flexibility to accommodate a variety of businesses. Benefit from high visibility and foot traffic in a bustling community setting.
LOCATION
Vacant land situated in the thriving South Cape Coral area with excellent access to public transportation, major highways, and local amenities, this property is ideally located to attract a steady stream of residents and commercial tenants. Proximity to schools, parks, restaurants, and healthcare facilities ensures convenience and a high quality of life for residents.
INVESTMENT HIGHLIGHTS
-Strong Demand: Workforce housing is in high demand, providing a stable and reliable rental market. The commercial space adds an additional revenue stream with potential for long-term leases.
-Community Impact: Contribute positively to the community by providing much-needed affordable housing and supporting local businesses. This planned development fosters a vibrant, integrated community environment.
-Growth Potential: The strategic location and mixed-use nature of the property offer significant appreciation potential. As the area continues to develop, property values are expected to rise, making this a great investment opportunity.
*Deed restricted property through the Live Local Bill, requiring 30% of units to be rented to renters making between 60%-120% of the AMI.
SELLER FINANCING AVAILABLE
CONTACT US
Don’t miss out on this exceptional investment opportunity. For more information visit our website or contact us today.
www.CoastLifeCompanies.com
Property Details
Price:
$1,500,000
MLS #:
224056208
Status:
Active
Beds:
0
Baths:
0
Address:
430 SW 47th TER
Type:
Land
Subtype:
Commercial,Mixed Use,Multi Family
Subdivision:
CAPE CORAL
City:
CAPE CORAL
Listed Date:
Jul 2, 2024
State:
FL
ZIP:
33914
Lot Size:
29,969 sqft / 0.69 acres (approx)
See this Listing
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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$64,308
Map
Community
- Address430 SW 47th TER CAPE CORAL FL
- CityCAPE CORAL
- CountyLee
- Zip Code33914
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