UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Retail-Commercial: Street Retail,Retail-Commercial: Restaurant,Office: Office Building,Multi-Family: Mid Rise (4-7 Floors)
Listing Status Active
Purchase Type For Sale
Square Footage 71,877 sqft
Price per Sqft $305
MLS Listing ID 2025015152
HOA Y/N No
Year Built 2026
Annual Tax Amount $4,363
Tax Year 2025
Lot Size 0.334 Acres
Acres 0.3338
Property Sub-Type Retail-Commercial: Street Retail,Retail-Commercial: Restaurant,Office: Office Building,Multi-Family: Mid Rise (4-7 Floors)
Source Florida Gulf Coast
Property Description
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 (3.5M) and building plans to build under their own contractor and financing.
2) Use Curran Young and the current construction estimate we have. $250/sf = 18.5M
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.
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.
Location
State FL
County Lee
Area Cc12 - Cape Coral Unit 7-15
Zoning SC
Interior
Inclusions Building And Land
Exterior
Waterfront Description None
Private Pool No
Building
New Construction Yes
Others
Tax ID 18-45-24-C2-01064.0430
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025015152
Nearby School & Business
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