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1516 SE 46th Ln
Cape Coral, FL 33904
Downtown Cape Coral Assemblage · Land For Sale
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0.66 AC
Investment Highlights
- Assemblage in the Cape Coral Downtown Community Redevelopment Area - Great Investment/Development Opportunity!
Property Facts
| Property Type | Land | Proposed Use | Mixed Use |
| Property Subtype | Commercial | Total Lot Size | 0.66 AC |
| Zoning | SC - Located in the Downtown Mixed (DM) Future Land Use District and South Cape (SC) zoning district, MF at 125 units per acre & commercial at 4 FAR. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.66 AC |
| Zoning | SC - Located in the Downtown Mixed (DM) Future Land Use District and South Cape (SC) zoning district, MF at 125 units per acre & commercial at 4 FAR. |
Description
Great investment and/or development opportunity in Cape Coral's downtown Community Redevelopment Area (CRA). Assemblage of four parcels totaling 28,917 sf. includes 1502 -1516 SE 47th Lane. Mixed use development, residential up to 125 units/acre and a range of commercial uses up to 4 FAR are permitted. Building height is limited to 120 ft or 10 stories. Tax increment financing (TIF) is available. There are tenants in the one story office buildings on 1510 and 1516 SE 4th with a gross income of $82,800. City has invested heavily in the downtown, upgraded and underground utilities, planned events and venues, new development Bimini Basin and the Cove. More information available upon request.
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