Residential Land for Sale in Cape Coral, Florida
1631 NE 16 Ter Cape Coral, FL 33909
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Map
Street
$85,000
0.23 acres
Active sale agoEst $861/mo
Prime vacant land in Cape Coral with RML zoning, ideal for Residential Multi-Family use, offers a lucrative investment opportunity due to high demand for multifamily properties. The zoning allows for significant potential for builders and developers to establish multifamily rental units. The undeveloped land is an optimal foundation for your multifamily residential project, located in a high-demand area within a sought-after neighborhood. Utility connections are set to begin within two months, expected to substantially increase lot values. Duplex lots in the area are already valued above $100,000.00. Seize this opportunity in a rapidly growing market.
Property details
- County
- Lee County
- Community
- Cape Coral
- Elevation
- 13 feet
- MLS Number
- MAOR A11541611
- Date Listed
Legal description
CAPE CORAL UNIT 33 BLK 2207 PB 16 PG 41 LOTS 43 + 44
Parcels
- 324324C4022070430
Property taxes
- 2023
- $771
Resources
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Feb 29, 2024 | New listing | $85,000 | — | MAOR |
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Karla Kuncz
Home Wiz USA
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