3801 SE 15th Pl, Cape Coral, FL 33904 3801 SE 15th Pl 64,715 SF 100% Leased Office Building Cape Coral, FL 33904 $14,950,000 ($231.01/SF) 1.91% Cap Rate

Located in the thriving South Cape Coral area. Entitled land with approved plans for a mixed-use development featuring workforce housing apartments and commercial space. This property is zoned C1 (confirm zoning for uses). The project includes 70 workforce housing apartments and 8,300 square feet of versatile commercial space. This property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. 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.
Pre-construction pricing is subject to change. Specifications, features, and availability may be modified prior to contract.
Property is currently undeveloped and not subject to any lease or rental agreements. Buyer is responsible for securing any future tenants or rental arrangements.
For questions please call Kyle at 616-638-9795. Submit offers to KD@CoastLifeCompanies.com. Please provide pre-approval letter/proof of funds, have buyer(s) sign all attachments to MLS, and submit with offer. All information in this listing is assumed to be accurate and reliable; however, has been extracted from 3rd party sources. Interested Parties Agents/Brokers & buyers must do their own due diligence.
Seller is a licensed Broker in the state of FL. Call before showing.
Vacant land. Walk at own risk.