71,877 SqFt
71,877 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 71,877 sqft
Price per Sqft $347
MLS Listing ID 2025015152
Style Mid Rise
HOA Y/N No
Annual Tax Amount $4,216
Tax Year 2024
Lot Size 0.334 Acres
Acres 0.3338
Property Sub-Type Office
Property Description
Unlock a rare opportunity to own a site for a transit-oriented mixed-use development featuring 40 workforce housing units, 100 executive offices, and a ground-floor café. Strategically located in downtown Cape Coral, this property appreciates walkable access to public transit, restaurants, parks, schools, and healthcare.
The thoughtfully designed project balances social impact with revenue diversity: modern, efficient housing paired with flexible office space and retail, all in one integrated environment.
Under the Live Local Bill, 40% of units will be deed-restricted for households earning = 120% of AMI, reinforcing community value.
Buyers may select either of two paths:
Acquire the lot and build under their own contractor and financing.
Partner with Coast Life Developers through a build-for-buyer agreement, with the option for long-term property management by Coast Life upon delivery.
Investment highlights:
Strong demand for workforce housing
Multiple income streams (residential, office, café)
Significant community impact via deed-restricted housing
Seller financing options available.
This is more than just real estate—it's a chance to contribute meaningfully to Cape Coral's future while securing a high-value, income-generating asset.
Location
State FL
County Lee
Area Cc12 - Cape Coral Unit 7-15
Rooms
Bedroom Description NaN
Interior
Furnishings Furnished
Fireplace No
Exterior
Waterfront Description None
Garage No
Building
Story 7
Entry Level Three Or More
Architectural Style Mid Rise
Level or Stories Three Or More
Others
Senior Community No
Tax ID 18-45-24-C2-01064.0430
“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”
1630 Periwinkle Way Unit I, Sanibel, Florida, 33957, USA