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coast life properties

15th Place, Cape Coral, FL

15th PI 1

Entitled Land with Approve Plans for Workforce Housing & Commercial Space.

Overview

This development will feature 70 workforce housing units and 8300 sq ft of commercial space, offering long-term commercial leases and significant growth potential. Its dynamic blend of residential and commercial possibilities makes it a prime opportunity to invest in a lucrative development.

Key Plan Features

15th PI 2
70 Units of Workforce Housing

These units are thoughtfully designed to address the rising need for affordable housing, offering modern and comfortable living spaces to our hardworking workforce. Each unit is carefully planned to optimize space and enhance livability.

8300 SqFt of Commercial Space

This expansive commercial area offers flexibility to accommodate a variety of businesses.

C1 Zoning

Location

Entitled Land with Approved Plans for Workforce Housing & Commercial Space. Situated in the thriving South Cape Coral area with excellent access to public transportation, major highways, and local amenities, this property is ideally located to attract a steady stream of residents and commercial tenants. Proximity to schools, parks, restaurants, and healthcare facilities ensures convenience and a high quality of life for residents.

Investment Highlights

Strong Demand

Workforce housing is in high demand, providing a stable and reliable rental market. The commercial space offers an additional revenue stream with potential for long-term leases.

Community Impact

Contribute positively to the community by providing much-needed affordable housing and supporting local businesses. This planned development fosters a vibrant, integrated community environment.

Growth Potential

The strategic location and mixed-use nature of the property offer significant appreciation potential. As the area continues to develop, property values are expected to rise, making this a great investment opportunity.

*Deed restricted property through the Live Local Bill, requiring 40% of units to be rented to renters earning less than 120% of the AMI.
SELLER FINANCING AVAILABLE

PRESENTED BY:
Kyle Doyon, Broker
Coast Life Properties, LLC
(239) 402-5581

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