3731 SE 15th Place, Cape Coral, FL 33990
Local realty services provided by:CENTURY 21 Beggins Enterprises
Listed by: kyle doyon, melissa abele
Office: coast life properties llc.
MLS#:224056206
Source:FL_GFMB
Price summary
- Price:$1,900,000
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.
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:409 day(s) ago
- Updated:March 03, 2026 at 03:40 PM
Structure and exterior
- Lot area:1.03 Acres
Utilities
- Water:Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,900,000
- Tax amount:$60,000 (2023)
New listings near 3731 SE 15th Place
- New
$70,000Active0 Acres1712 Andalusia Boulevard, Cape Coral, FL 33909
MLS# 2026010344Listed by: STARLINK REALTY, INC - New
$3,500,000Active2.88 Acres917 NE Pine Island Road, Cape Coral, FL 33909
MLS# 2026010761Listed by: PHIL DEEMS REAL ESTATE
$329,900Active3 beds 2 baths1,553 sq. ft.2023 NW 17th Street, Cape Coral, FL 33993
MLS# 2026002286Listed by: BEACH PARADISE REALTY LLC- New
$575,000Active3 beds 2 baths1,763 sq. ft.2806 SE 22nd Place, Cape Coral, FL 33904
MLS# 2026007568Listed by: ROYAL SHELL REAL ESTATE, INC. - New
$37,500Active0 Acres319 NW 8th Terrace, Cape Coral, FL 33993
MLS# 2026010744Listed by: PALM PARADISE REALTY GROUP - Open Thu, 5:30 to 7pmNew
$350,000Active4 beds 3 baths2,509 sq. ft.3614 SE 17th Avenue, Cape Coral, FL 33904
MLS# 2026001350Listed by: KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS - New
$464,900Active4 beds 3 baths2,015 sq. ft.2501 NW 20th Place, Cape Coral, FL 33993
MLS# 2026010172Listed by: BERKSHIRE HATHAWAY FLORIDA - New
$48,000Active0 Acres2602 NW 7th Place, Cape Coral, FL 33993
MLS# 2026009889Listed by: LRC REALTY ADVISORS, INC - New
$49,000Active0 Acres2607 NW 4th Avenue, Cape Coral, FL 33993
MLS# 2026010175Listed by: LRC REALTY ADVISORS, INC - New
$294,900Active3 beds 2 baths1,551 sq. ft.1213 NW 19th Terrace, Cape Coral, FL 33993
MLS# 2026010554Listed by: PREMIERE PLUS REALTY COMPANY