525-531 Chiquita BLVD S CAPE CORAL FL 33991 MLS #224036067

525-531 Chiquita BLVD S
CAPE CORAL, FL, 33991
$1,250,000
Beds
0 Baths
0 SqFt
1.95 Acres
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Listing Provided Courtesy of RE/MAX Trend
Seller Financing available with 500K down, 9% interest only and balloon in 3-5 Years.

Don’t miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District.

The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft.
Pine Island Road is the city’s northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

Property Details

Price:
$1,250,000
MLS #:
224036067
Status:
Active
Beds:
0
Baths:
0
Address:
525-531 Chiquita BLVD S
Type:
Land
Subtype:
Commercial
Subdivision:
CAPE CORAL
City:
CAPE CORAL
Listed Date:
Apr 25, 2024
State:
FL
ZIP:
33991
Lot Size:
84,855 sqft / 1.95 acres (approx)
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Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$17,290

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525-531 Chiquita BLVD S
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