131 Southwest 16th Place

Cape Coral, FL 33991

$349,000
Price
19,998 / 0.46
Lot Size / Acres

Description

This double commercial lot in Cape Coral, FL, presents a unique investment opportunity with approved architectural plans for an 8-unit boutique hotel. The ±6,600 sq ft two-story hotel is designed to offer high-end accommodations with each unit featuring a kitchenette and private balcony. The property includes amenities such as a pool and barbecue area, and the site’s prime location on a major boulevard provides excellent visibility and access. With the city’s Site Development Plan approval in place...This double commercial lot in Cape Coral, FL, presents a unique investment opportunity with approved architectural plans for an 8-unit boutique hotel. The ±6,600 sq ft two-story hotel is designed to offer high-end accommodations with each unit featuring a kitchenette and private balcony. The property includes amenities such as a pool and barbecue area, and the site’s prime location on a major boulevard provides excellent visibility and access. With the city’s Site Development Plan approval in place and a general contractor secured, the project is ready for construction, with an estimated completion timeline of 8 months from contract signing. This turnkey offering includes the lot, architectural plans, and all development rights, providing a rare chance to bring a fully planned hospitality project to life in a rapidly growing market.
  1. Listed by Marisa Goodpaster • EXP Realty LLC
  2. Listed by Diana Austin • EXP Realty LLC

Property Details for 131 Southwest 16th Place

Development
CAPE CORAL
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 09/30/2024 02:42 PM

Property Details for 131 Southwest 16th Place

StatusActive
MLS #224073664
Days on Market54
Taxes$5,592 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot & Land
Year Built-
Lot Size0.46 AC
CountyLee County

Building Information for 131 Southwest 16th Place

Lot Size0.46 AC

Property Information for 131 Southwest 16th Place

Summary
Location and General Information
  • City: CAPE CORAL
  • Human Modified: No
  • Latitude: 26.65
  • Longitude: -82.01
  • MLS Area Major: CC42 - Cape Coral Unit 50,54,51,52,53,
  • Postal Code: 33991
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Direction Prefix: SW
  • Street Name: 16th
  • Street Number: 131
  • Street Suffix: PL
  • Block: 3680
  • Full Address: 131 SW 16th PL
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Maintenance: None
  • Tax Annual Amount: $5,592.09
  • Tax Year: 2023
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 16-44-23-C2-03680.0230
  • Property Type: Lot & Land
  • Section: 16
  • Lot Unit: 23
  • Ground Cover: Grassed
  • Source of Measure Lot Dimensions: Survey
  • Lot Desc: Cleared, Oversized Lot, See Remarks
  • Acres: 0.4591
  • Lot Size Area: 0.4591
  • Lot Size Dimensions: 160 x 125 x 160 x 125
  • Source of Measurements: Survey
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 50 BLK 3680 PB 17 PG 159 LOTS 23 + 24
  • Current Use: Commercial, Other, See Remarks
Property and Assessments
  • Rear Exposure: E
  • Possession: Close Of Escrow
  • Planned Use: Office, See Remarks
  • Property Sub Type: Commercial
  • Township: 44
  • Senior Community: false
  • Range: 23E
  • Sub Condo Name: CAPE CORAL
  • Property Sub Type Additional: Commercial, Unimproved Land
  • Restrictions: No Restrictions
  • Zoning Code: RD-D
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot
Utilities
  • Sewer: Assessment Paid
  • Utilities: Other
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Interior and Exterior Features
Exterior Features
  • Association Amenities: Other, See Remarks
  • Canal Width: N, o, n, e
  • Community Features: Non Gated
  • Exterior Features: None
  • Irrigation Source: Included In Assessment
  • Gulf Access: No
Interior Features
  • Cooling: See Remarks
  • Elevator Text Details: None

Property History for 131 Southwest 16th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 Southwest 16th Place

Taxable ValueLand$53,518Additions-Total$53,518
Tax Record2023$5,592 ($466 / month)
Home Facts
Beds0Lot Size19,998 SqFtStyleResidentialZoningC CCountyLEEAPN16-44-23-C2-03680.0230

Schools near 131 Southwest 16th Place

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Trafalgar Elementary School
PublicPK to 5

Patriot Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Hector A. Cafferata Jr Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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131 Southwest 16th Place is a 0.46 ac of land for sale in Cape Coral, FL 33991. This property was listed for sale on September 8, 2024 by EXP Realty LLC, it's currently listed at $349,000. It has been on the market for a total of 54 days and was last sold on January 13, 2021. This listing's school district is Lee. Nearby schools include Trafalgar Elementary School, Patriot Elementary School and Skyline Elementary School. 131 Southwest 16th Place is a 0-bed, 0-bath, 0.46 ac of land on a 19,998 sq. ft. / 0.46 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC, Marisa Goodpaster; EXP Realty LLC, Diana Austin

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