131 SW 16th PL Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33991
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 224073664
HOA Y/N No
Annual Tax Amount $5,592
Tax Year 2023
Lot Size 0.459 Acres
Acres 0.4591
Lot Dimensions Survey
Property Description
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.
Location
State FL
County Lee
Community Cape Coral
Area Cc42 - Cape Coral Unit 50,54,51,52,53,
Rooms
Bedroom Description NaN
Interior
Cooling See Remarks
Fireplace No
Exterior
Community Features Non- Gated
Utilities Available Other
Amenities Available Other,See Remarks
Waterfront Description None
Water Access Desc Assessment Paid
Present Use Commercial,Other,See Remarks
Garage No
Building
Lot Description Cleared, Oversized Lot, See Remarks
Faces West
Sewer Assessment Paid
Water Assessment Paid
Others
HOA Fee Include None
Senior Community No
Tax ID 16-44-23-C2-03680.0230
Acceptable Financing Cash
Listing Terms Cash