3731 SE 15th Place, Cape Coral, FL 33990
Local realty services provided by:ERA Real Solutions Realty
Listed by: kyle doyon, melissa abele
Office: coast life properties llc.
MLS#:224056206
Source:FL_GFMB
Price summary
- Price:$1,950,000
About this home
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.
Buyers may select either of two paths: Acquire the lot an build under their own contractor and financing or partner with Coast Life Developers through a build-for-buyer agreement, with the option for long-term property management. Long-term property management is available upon delivery.
Contact an agent
Home facts
- Listing ID #:224056206
- Added:364 day(s) ago
- Updated:January 14, 2026 at 04:37 PM
Structure and exterior
- Lot area:1.03 Acres
Utilities
- Water:Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,950,000
- Tax amount:$60,000 (2023)
New listings near 3731 SE 15th Place
- New
$429,900Active3 beds 2 baths1,342 sq. ft.353 El Dorado Blvd S, Cape Coral, FL 33991
MLS# A11941900Listed by: SCHIFF REALTY, INC - New
$449,900Active3 beds 2 baths1,667 sq. ft.4841 SW 24th, Cape Coral, FL 33914
MLS# A11942487Listed by: SCHIFF REALTY, INC - New
$995,000Active4 beds 3 baths2,567 sq. ft.2406 SW 54th Ln, Cape Coral, FL 33914
MLS# A11945533Listed by: SCHIFF REALTY, INC - New
$198,500Active2 beds 2 baths1,061 sq. ft.1429 Cape Coral Pkwy W #5, Cape Coral, FL 33914
MLS# A11945733Listed by: SCHIFF REALTY, INC - New
$139,500Active0 Acres4328 SW 20th Pl, Cape Coral, FL 33914
MLS# A11945768Listed by: SCHIFF REALTY, INC - New
$160,000Active0 Acres4724 SW 23rd Ave, Cape Coral, FL 33914
MLS# A11946406Listed by: SCHIFF REALTY, INC - New
$245,500Active0 Acres2212 SW 49th St, Cape Coral, FL 33914
MLS# A11946645Listed by: SCHIFF REALTY, INC - New
$249,500Active0.49 Acres2606 SW 8th Pl, Cape Coral, FL 33914
MLS# A11946933Listed by: SCHIFF REALTY, INC - New
$465,000Active2 beds 2 baths1,276 sq. ft.5781 Cape Harbour Dr #903, Cape Coral, FL 33914
MLS# A11947025Listed by: SCHIFF REALTY, INC - New
$45,000Active0 Acres1711 NE 13, Cape Coral, FL 33099
MLS# A11947445Listed by: EXP REALTY LLC