3727 Southeast 15th Place

Cape Coral, FL 33904

$2,150,000
Price
44,997 / 1.03
Lot Size / Acres

Description

Entitled land with approved building and MEP plans for a mixed-use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well-planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office,...Entitled land with approved building and MEP plans for a mixed-use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well-planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office, or mixed-use purposes, providing ample flexibility for various businesses. Located in the thriving South Cape Coral area, this property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. The nearby schools, parks, restaurants, and healthcare facilities further enhance the appeal, ensuring a high quality of life for future residents. With strong demand for workforce housing, this development offers a stable rental market, complemented by the potential for long-term commercial leases. The property’s design supports community impact, fostering a vibrant and integrated environment. As the area grows and develops, there is significant appreciation potential, making this a compelling investment opportunity. The property is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of the area median income (AMI). As of April 2024, Cape Coral's AMI is $88,800. Seller financing is available.
  1. Listed by Kyle Doyon • Coast Life Properties LLC
  2. Listed by Melissa Abele • Coast Life Properties LLC

Property Details for 3727 Southeast 15th Place

Development
CAPE CORAL
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
City
LISTING UPDATED: 10/18/2024 10:03 AM

Property Details for 3727 Southeast 15th Place

StatusActive
MLS #224056206
Days on Market91
Taxes$60,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot & Land
Year Built-
Lot Size1.03 AC
CountyLee County

Building Information for 3727 Southeast 15th Place

Lot Size1.03 AC

Property Information for 3727 Southeast 15th Place

Summary
Location and General Information
  • City: Cape Coral
  • Human Modified: No
  • Latitude: 26.58
  • Longitude: -81.94
  • MLS Area Major: CC12 - Cape Coral Unit 7-15
  • Postal Code: 33990
  • Road Surface Type: Paved
  • Street Direction Prefix: SE
  • Street Name: 15th
  • Street Number: 3727
  • Street Suffix: PL
  • Block: 526
  • Full Address: 3727 SE 15th PL
  • View: Yes
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Maintenance: None
  • Tax Annual Amount: $60,000.00
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 06-45-24-C3-00526.0760
  • Property Type: Lot & Land
  • Lot Unit: 11
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Multiple Lots, Oversized Lot, See Remarks
  • Acres: 1.033
  • Lot Size Area: 1.033
  • Lot Size Dimensions: 120 x 120 x 121 x 121
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Current Use: Commercial, Multi Family, Mixed Use
Property and Assessments
  • Rear Exposure: NW
  • Possession: Close Of Escrow
  • Planned Use: See Remarks
  • Property Sub Type: Commercial
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Property Sub Type Additional: Commercial, Unimproved Land
  • Restrictions: Deed Restrictions
  • Zoning Code: C1
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Exterior Features: None
  • Irrigation Source: None
  • Gulf Access: No
Interior Features
  • Elevator Text Details: None
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 3727 Southeast 15th 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 3727 Southeast 15th Place

Taxable ValueLand$60,000Additions-Total$60,000
Tax Record2023$1,553 ($129 / month)
Home Facts
Lot Size15,000 SqFtStyleCommercialZoningC-1CountyLEEAPN06-45-24-C3-00526.0760

Schools near 3727 Southeast 15th 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
Pelican Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Patriot Elementary School
PublicPK to 5

Cape 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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3727 Southeast 15th Place is a 1.03 ac of land for sale in Cape Coral, FL 33904. This property was listed for sale on July 2, 2024 by Coast Life Properties LLC, it's currently listed at $2,150,000. It has been on the market for a total of 91 days and was last sold on October 31, 2023. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Skyline Elementary School and Patriot Elementary School. 3727 Southeast 15th Place is a 0-bed, 0-bath, 1.03 ac of land on a 44,997 sq. ft. / 1.03 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 Coast Life Properties LLC, Kyle Doyon; Coast Life Properties LLC, Melissa Abele

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