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131 SW 16th Place

Cape Coral, FL 33991
  • $349,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 224073664
$349,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Lee

School Ratings & Info

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.

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Realty Team. Data last updated 2024-10-03T00:24:24.347.
www.realtyteamleecounty.com/homes/154893932
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131 SW 16th Place Cape Coral, FL 33991

  • Price: $349,000
  • Status: Active
  • On Site: 24 Days
  • MLS #: 224073664
0
Beds
0
Baths
0
½ Baths
0.46
Acres
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc42 - Cape Coral Unit 50,54,51,52,53
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.
Exterior Features

Covered Spaces 0 Direction Faces West Road Responsibility Public Maintained Road Road Surface Type Paved Vegetation Grassed

Interior Features

Cooling See Remarks

Property Features

Association Amenities Other See Remarks Association Fee 0 Association Fee Includes None Association Fee2 0 Association Fee3 0 Community Features Non- Gated Current Use Commercial Other See Remarks Irrigation Source Included in Assessment Land Lease Amount 0 Lease Considered YN No Listing Terms Cash Lot Features Cleared Oversized Lot See Remarks Possession Close Of Escrow Possible Use Office See Remarks Potential Short Sale YN N Property Sub Type Commercial Property Sub Type Additional Commercial Unimproved Land Restrictions No Restrictions Senior Community YN No Sewer Assessment Paid Tax Annual Amount 5592.09 Tax Year 2023 Utilities Other Water Source Assessment Paid Waterfront Features None Waterfront YN No Zoning Description RD- D

Listing courtesy of EXP Realty LLC.


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Realty Team. Data last updated 2024-10-03T00:24:24.347.
 
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RE/MAX Realty Team
2326 Del Prado Blvd
Cape Coral FL, 33990