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17.5 Acres Lot
$ 7,500,000
Est. payment | /mo
17.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025004550
Annual Tax Amount $19,300
Tax Year 2024
Lot Size 17.500 Acres
Acres 17.5
Property Sub-Type Acreage
Source Florida Gulf Coast
Property Description
The southwest corner of Olde Burnt Store Road and Kismet Parkway West. Parcel Size- 14.875 Acres mol Zoned Neighborhood Commercial (NC) - WHICH ALLOWS FOR MULTIFAMILY-COMMERCIAL AND ASSISTED LIVING FACILITY (ALF) Mulifamily Compnent approx 14.875 acres @16 units per acre =238 units Buyer to Verify with City Zoning, Density and Projected Completion of Utilities. Property includes two rental Homes which are currently leased. and sold "As Is" due to roof damage from Hurricane. Additional adjoining approx 2.62 acres (Commercial Zoning) having frontage on Kismet Parkway & Old Burnt Store Road are available for purchase @$995,000.00. Utilities scheduled for 2025 (North 3) as per City 36-43-22-C2-00003.0010 36-43-22-C2-00003.0000 36-43-22-C2-00003.00A0 36-43-22-C2-00004.0000
Location
State FL
County Lee
Area Cc43 - Cape Coral Unit 58, 59-61, 76,
Exterior
Community Features None, Non-Gated
Utilities Available Cable Available, Electricity Available, Trash Removal
Waterfront Description None
View Y/N Yes
View Trees/Woods
Present Use Commercial,Multi_MF
Private Pool No
Building
Lot Description See Remarks, Partly Filled
Sewer None
Water Well
Others
HOA Fee Include None
Tax ID 36-43-22-C2-00003.0010
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Listed by Real Estate Corp of America • Bill Keenan