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 $399
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 mixed-use development featuring 42 apartments, 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 apartments over flexible office spaces.
Under the Live Local Bill, 40% of units will be deed-restricted for households earning between 60-120% of the AMI, reinforcing community value.
Buyers have options:
1) Acquire the entitled lot (4.5M) and building plans to build under their own contractor and financing.
2) Partner with Coast Life Developers through a build-for-buyer agreement, with the option for long-term property management by Coast Life upon delivery.
3) Join us, if you are an accredited investor, through our fund.
Investment highlights:
Strong demand for workforce housing and multiple income streams (residential, executive offices, and the café).
Significant community impact via providing Workforce 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
If you have been thinking about selling your home, or are looking to buy your dream home, Dina Marie Realty welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.