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Description
This presents a prime opportunity to develop on a multi-family lot in Cape Coral, situated within the highly sought after Flood Zone X, where flood insurance is not required. With city water, sewer, and irrigation already in place, this property is ready for development, making it a perfect choice for investors or those looking to generate rental income. Situated in a rapidly growing area, this lot offers convenient access to Pine Island Road, where you'll find endless shopping, dining, and entertainment options. Just 18 miles to I-75, commuting is a breeze, while nearby attractions like Sun Splash Water Park, local golf courses, parks, and nature preserves provide plenty of recreation for residents. Cape Coral continues to be one of Southwest Florida's most sought after markets, offering boating access, year round outdoor activities, and a vibrant community atmosphere. Whether you're planning to build a duplex or expand your investment portfolio, this property presents incredible potential. Don't miss this opportunity to secure a prime piece of Cape Coral real estate-priced to sell and ready for your vision! Seller has 3 other simlar lots also listed at 1910 NE 8th Place, 821 and 825 NE 15th Lane.
Property Highlights
Property Type: Land - Residential
Lot Size: 0.23 Acres
Taxes: $3,425
General Information
County: Lee
Subdivision: CAPE CORAL
Listed By:
Frank Moore
COLDWELL BANKER REALTY
941-639-0090
MLS ID: C7526623
Property Features
Directions: From Pine Island Road head north on Andalusia Blvd to right on NE 19th Ter to Right on NE 8th Place lot will be on the right look for sign and call.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, Near Golf Course, Near Marina, Near Public Transit, Room For Pool, Paved
Lot Dimensions: 0.23
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Sprinkler Meter, Water - Multiple Meters, Water Available
Water: Public
Water Access Y/N: No
Zoning: R3-D
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1816 NE 8th Place , Cape Coral, FL 33909.
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Estimated Payment
$ 563.88 per month $256.30 Principal & Interest $285.42 Property Tax $22.16 Homeowner's InsuranceChange Payment Information
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