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1415 Cape Coral Pkwy E Pky 71,877 SF 100% Leased Office Building Cape Coral, FL 33904 $28,750,000 ($399.99/SF) 10.04% Cap Rate
INVESTMENT HIGHLIGHTS
- Executive Office Suites
EXECUTIVE SUMMARY
Prime Mixed-Use Development Site with Plans in Downtown Cape Coral. Unlock a rare opportunity to own a site for a mixed-use development featuring 42 apartments, 100 executive offices, and a ground-floor café. Strategically located in downtown Cape Coral, this property appreciates walkable access to public transit, restaurants, parks, schools, and healthcare. The thoughtfully designed project balances social impact with revenue diversity: modern, efficient apartments over flexible office spaces. Under the Live Local Bill, 40% of units will be deed-restricted for households earning between 60-120% of the AMI, reinforcing community value. Buyers have options: 1) Acquire the entitled lot (4.5M) and building plans to build under their own contractor and financing. 2) Partner with Coast Life Developers through a build-for-buyer agreement, with the option for long-term property management by Coast Life upon delivery. 3) Join us, if you are an accredited investor, through our fund. Investment highlights: Strong demand for workforce housing and multiple income streams (residential, executive offices, and the café). Significant community impact via providing Workforce Housing. Seller financing options available. This is more than just real estate—it’s a chance to contribute meaningfully to Cape Coral’s future while securing a high-value, income-generating asset.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Building Size
71,877 SF
Building Class
A
Construction Status
Proposed
Price
$28,750,000
Price Per SF
$399.99
Cap Rate
10.04%
NOI
$2,887,000
Percent Leased
100%
Building Height
7 Stories
Typical Floor Size
10,268 SF
Building FAR
5.00
Lot Size
0.33 AC
Zoning
SC - South Cape Zoning
AMENITIES
- Conferencing Facility
- Food Service
- Property Manager on Site
- Restaurant
- Security System
- Wheelchair Accessible
- Reception
- Roof Terrace
- Outdoor Seating
- Air Conditioning
- Balcony
- Fiber Optic Internet
- Smoke Detector
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 18-45-24-C2-01064.0430 | Total Assessment | $194,459 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
18-45-24-C2-01064.0430
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$194,459
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1415 Cape Coral Pkwy E Pky
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