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Eric Degelau

degelauhometeam@gmail.com +1(239) 351-5556

$ 349,000

Est. payment -/mo

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Active

131 SW 16th PL Cape Coral, FL 33991

0.46 Acres Lot

UPDATED:

09/30/2024 10:42 PM

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 224073664

HOA Y/N No

Annual Tax Amount $5,592

Tax Year 2023

Lot Size 0.459 Acres

Acres 0.4591

Lot Dimensions Survey

Property 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 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.

Location

State FL

County Lee

Community Cape Coral

Area Cc42 - Cape Coral Unit 50, 54, 51, 52, 53,

Rooms

Bedroom Description NaN

Interior

Cooling See Remarks

Fireplace No

Exterior

Community Features Non- Gated

Utilities Available Other

Amenities Available Other, See Remarks

Waterfront No

Waterfront Description None

Water Access Desc Assessment Paid

Present Use Commercial,Other,See Remarks

Garage No

Building

Lot Description Cleared, Oversized Lot, See Remarks

Faces West

Sewer Assessment Paid

Water Assessment Paid

Others

HOA Fee Include None

Senior Community No

Tax ID 16-44-23-C2-03680.0230

Acceptable Financing Cash

Listing Terms Cash

Listed by EXP Realty LLC • Marisa Goodpaster

Eric Degelau

Team Leader | License ID: 3508369

+1(239) 351-5556

Eric Degelau

131 SW 16th PL Cape Coral, FL 33991

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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131 SW 16th PL