131 Southwest 16th Place
$349,000
19,998 / 0.46
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.
- Listed by Marisa Goodpaster • EXP Realty LLC
- Listed by Diana Austin • EXP Realty LLC
Property Details for 131 Southwest 16th Place
Development
CAPE CORAL
WaterfrontNo
Waterfront DescNone
Waterfront DescNone
ViewNone/Other
LISTING UPDATED: 09/30/2024 02:42 PM
Property Details for 131 Southwest 16th Place
Status | Active |
---|---|
MLS # | 224073664 |
Days on Market | 54 |
Taxes | $5,592 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot & Land |
Year Built | - |
Lot Size | 0.46 AC |
County | Lee County |
Building Information for 131 Southwest 16th Place
Lot Size0.46 AC
Property Information for 131 Southwest 16th Place
Property History for 131 Southwest 16th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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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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