Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.688

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $10,000,000

  • Tax Amount

    $4,869

  • Sq. Footage

    42, 904

  • Price/SqFt

    $233

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

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Lee

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Listing Courtesy of Kyle Doyon , Coast Life Properties LLC

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Prime development opportunity in South Cape Coral! This entitled land parcel is offered with approved plans for a mixed-use project featuring 39 workforce housing apartments and 8300 sq ft of commercial space. The site is zoned CP (confirm with zoning for intended use), offering an ideal live-work scenario for residents. Situated in a rapidly growing area, the property provides excellent access to public transportation, major roadways, schools, parks, dining options, and healthcare facilities. High rental demand and flexible use make this a standout investment opportunity, offering stable income potential through long-term residential and commercial leases. The property is deed-restricted under Florida’s Live Local Bill, requiring 40% of units to be leased to individuals earning no more than 120% of the Area Median Income (AMI), which is $88,800 as of April 2024. Whether you're a developer or investor seeking to contribute to Cape Coral’s workforce housing solutions while capturing long-term value, this property is ready for action.

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. 

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.

430 SW 47th TER

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None Beds

None Baths

N/A

$8,995,000

MLS#: 2025017962

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