Mixed-Use Land for Sale in Cape Coral, Florida
131 SW 16th Pl Cape Coral, FL 33991
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
- County
- Lee County
- Community
- Cape Coral
- Elevation
- 10 feet
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
CAPE CORAL UNIT 50 BLK 3680 PB 17 PG 159 LOTS 23 + 24
Detailed attributes
Listing
- Type
- Commercial Sale
Exterior
- Features
- Cleared
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 8, 2024 | New listing | $349,000 | — | FMSW |