Mixed-Use Land for Sale in Cape Coral, Florida
525-531 Chiquita Blvd S Cape Coral, FL 33991
Seller Financing available with 500K down, 9% interest only and balloon in 3-5 Years.
Don't miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District.
The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft.
Pine Island Road is the city's northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.
Location
- Street Address
- 525-531 Chiquita Blvd S
- County
- Lee County
- Community
- Cape Coral
- Elevation
- 13 feet
Property details
- Zoning
- CORR
- MLS Number
- FMSW 224036067
- Date Posted
Property taxes
- 2023
- $17,290
Parcels
- 15-44-23-C4-03662.0010
Legal description
CAPE CORAL UNIT 49 BLK.3662 PB 17 PG 146 LOTS 1 THRU 3
Detailed attributes
Listing
- Type
- Commercial Sale
Lot
- Features
- Canal Access, Waterfront
Exterior
- Features
- Multiplelots
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 14, 2024 | Price drop | $1,099,000 | $126,000 -10.3% | FMSW |
| Aug 13, 2024 | Price drop | $1,225,000 | $25,000 -2% | FMSW |
| June 13, 2024 | Price drop | $1,250,000 | $75,000 -5.7% | FMSW |
| May 29, 2024 | Price drop | $1,325,000 | $174,000 -11.6% | FMSW |
| May 15, 2024 | Price drop | $1,499,000 | $1,000 -0.07% | FMSW |
| Apr 25, 2024 | New listing | $1,500,000 | — | FMSW |