$349,000

131 SW 16th Place, Cape Coral, FL 33991, US

Summary

Style: Commercial

Moving Quotes

primary photo for 131 SW 16th Place, Cape Coral, FL 33991, US

Remarks

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.

Details

MLS#: 224073664
Price: $349,000

Style: Commercial

County: Lee
Subdivision: Cape Coral
Lot Size: 160 x 125 x 160 x 125
Tax Fee: 5592.0900000000001

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Broker Contact

EXP Realty LLC
10752 Deerwood Park Blvd #100
Jacksonville, FL, 32256
US
! 888-883-8509
! a.shahin.broker@exprealty.net

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Florida Gulf Coast Multiple Listing Service, Inc.
Last updated: 2024-12-02T19:17:00.000-05:00.
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