Mixed-Use Land for Sale in Cape Coral, Florida

131 SW 16th Pl Cape Coral, FL 33991

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$349,000
0.46 acres
Active sale agoEst $2,998/mo

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

Street Address
131 SW 16th Pl
Community
Cape Coral
Elevation
10 feet
Coordinates
26.648, -82.008

Property details

Zoning
RD-D
MLS Number
FMSW 224073664
Date Posted

Property taxes

2023
$5,592

Parcels

  • 16-44-23-C2-03680.0230

Legal description

This 0.46-acre property is located at 131 SW 16th Pl in Cape Coral, FL 33991 with latitude 26.648 and longitude -82.008. The property is currently available for sale for $349,000 with a price per acre of $760,349. Listing data is sourced from Florida Gulf Coast Multiple Listing Service # 224073664.

Verify sale details at the property source or contact eXp Realty at (352) 257-1106.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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