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coast life properties

47th Ter Mixed-Use Workforce Housing in Cape Coral, FL

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

Overview

This property is perfectly positioned in CP zoning to fit all available uses (check with zoning). Prime opportunity to invest in a lucrative development featuring 39 units of workforce housing and 8,300 sq ft of versatile commercial space. This property offers a dynamic blend of residential and commercial possibilities, making it an ideal investment for developers and entrepreneurs alike.

Key Plan Features

Real Estate Developer In Cape Coral Florida
39 Units of Workforce Housing

Designed to meet the growing demand for affordable housing, these units provide comfortable and modern living spaces for our hardworking workforce. Each unit is thoughtfully planned to maximize space and livability.

8300 SqFt of Commercial Space

Perfectly positioned for CP uses, this expansive commercial area offers flexibility to accommodate a variety of businesses. Benefit from high visibility and foot traffic in a bustling community setting.

CP Zoning

Location

Entitled land with architectural plans 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 adds 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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