Entitled land with approved building and MEP plans for a mixed-use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well-planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office, or mixed-use purposes, providing ample flexibility for various businesses. Located in the thriving South Cape Coral area, this property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. The nearby schools, parks, restaurants, and healthcare facilities further enhance the appeal, ensuring a high quality of life for future residents. With strong demand for workforce housing, this development offers a stable rental market, complemented by the potential for long-term commercial leases. The property’s design supports community impact, fostering a vibrant and integrated environment. As the area grows and develops, there is significant appreciation potential, making this a compelling investment opportunity. The property is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of the area median income (AMI). As of April 2024, Cape Coral's AMI is $88,800. Seller financing is available.
Details
MLS#
224056206
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
300
Listing Provided By
Coast Life Properties LLC | Kyle Doyon
Features
Zoning
C1
Acreage
1.03
Water Front
Yes
Property View
Yes
Market Activity 33990
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Mar 2025
Sales: 9
Avg $ Per SqFt: $232.78
Min Sale Price: $120,000
Max Sale Price: $665,000
Med Sale Price: $340,000
Date: Feb 2025
Sales: 6
Avg $ Per SqFt: $213.95
Min Sale Price: $64,000
Max Sale Price: $635,000
Med Sale Price: $353,458
Date: Jan 2025
Sales: 19
Avg $ Per SqFt: $229.14
Min Sale Price: $270,000
Max Sale Price: $615,000
Med Sale Price: $364,000
Date: Dec 2024
Sales: 10
Avg $ Per SqFt: $250.45
Min Sale Price: $3,900
Max Sale Price: $925,000
Med Sale Price: $399,000
Date: Nov 2024
Sales: 8
Avg $ Per SqFt: $203.66
Min Sale Price: $305,000
Max Sale Price: $476,875
Med Sale Price: $353,995
Date: Oct 2024
Sales: 3
Avg $ Per SqFt: $264.99
Min Sale Price: $357,000
Max Sale Price: $690,000
Med Sale Price: $505,000
Date: Sep 2024
Sales: 2
Avg $ Per SqFt: $295.47
Min Sale Price: $80,000
Max Sale Price: $450,000
Med Sale Price: $265,000
Date: Aug 2024
Sales: 2
Avg $ Per SqFt: $225.46
Min Sale Price: $285,000
Max Sale Price: $365,990
Med Sale Price: $325,495
Date: Jul 2024
Sales: 2
Avg $ Per SqFt: $180
Min Sale Price: $290,000
Max Sale Price: $433,999
Med Sale Price: $361,999
Date: Jun 2024
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $85,000
Max Sale Price: $85,000
Med Sale Price: $85,000
Date: Apr 2024
Sales: 4
Avg $ Per SqFt: $182.35
Min Sale Price: $75,000
Max Sale Price: $1,250,000
Med Sale Price: $222,500
Sourced by Back At You
Mar 2025
Sales:
9
Avg $ Per SqFt:
$232.78
Min Sale Price:
$120,000
Max Sale Price:
$665,000
Med Sale Price:
$340,000
Feb 2025
Sales:
6
Avg $ Per SqFt:
$213.95
Min Sale Price:
$64,000
Max Sale Price:
$635,000
Med Sale Price:
$353,458
Jan 2025
Sales:
19
Avg $ Per SqFt:
$229.14
Min Sale Price:
$270,000
Max Sale Price:
$615,000
Med Sale Price:
$364,000
Dec 2024
Sales:
10
Avg $ Per SqFt:
$250.45
Min Sale Price:
$3,900
Max Sale Price:
$925,000
Med Sale Price:
$399,000
Nov 2024
Sales:
8
Avg $ Per SqFt:
$203.66
Min Sale Price:
$305,000
Max Sale Price:
$476,875
Med Sale Price:
$353,995
Oct 2024
Sales:
3
Avg $ Per SqFt:
$264.99
Min Sale Price:
$357,000
Max Sale Price:
$690,000
Med Sale Price:
$505,000
Sep 2024
Sales:
2
Avg $ Per SqFt:
$295.47
Min Sale Price:
$80,000
Max Sale Price:
$450,000
Med Sale Price:
$265,000
Aug 2024
Sales:
2
Avg $ Per SqFt:
$225.46
Min Sale Price:
$285,000
Max Sale Price:
$365,990
Med Sale Price:
$325,495
Jul 2024
Sales:
2
Avg $ Per SqFt:
$180
Min Sale Price:
$290,000
Max Sale Price:
$433,999
Med Sale Price:
$361,999
Jun 2024
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$85,000
Max Sale Price:
$85,000
Med Sale Price:
$85,000
Apr 2024
Sales:
4
Avg $ Per SqFt:
$182.35
Min Sale Price:
$75,000
Max Sale Price:
$1,250,000
Med Sale Price:
$222,500
MLS Number: 224056206
Kyle Doyon – (616) 638-9795
Coast Life Properties LLC – (616) 638-9795 – coastlifeproperties@hotmail.com
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Naples Area Board of REALTORS.
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MLS Number: 224056206
Kyle Doyon – (616) 638-9795
Coast Life Properties LLC – (616) 638-9795 – coastlifeproperties@hotmail.com
