3926 Kismet Pky
Cape Coral, FL 33993
17.5 Acre Land Parcel Commercial & Mixed Use · Land For Sale
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17.00 AC
Investment Highlights
- Up to 238 units plus 4 acres commercial. Price negotiable for a qualified buyer. Possible rolling options. Possible ten 1.3 acre tracts. Will Divide.
Property Facts
Description
Price Reduction from $7,500,000.to $6,860,000. ie $9.00/sf for 17.5 acre corner site at Kismet Parkway West and Old Burnt Store Road. Multi-Family and or Commercial along with many other uses. Seller will take cash or 30% down and interest only for 3 to 5 years. Seller will be very creative in making a sale happen ie possible rolling options. Seller might consider selling just the multi-Family and keep the commercial or vice versa. Neighborhood Commercial zoning ie up to 238 units ie 16 units per acre. The City of Cape Coral wants at least 15% of the 17 acres to be commercial which allows a buyer latitude in going heavy on multi-family or heavy on commercial. Possibilities: This is the kind of offering where a serious qualified buyer can get the kind of deal written on the back of a restaurant napkin which are always the best deals for the buyer and the seller......
Property Taxes
| Parcel Numbers | Improvements Assessment | $269,697 | |
| Land Assessment | $160,329 | Total Assessment | $820,058 |
Property Taxes
