Eric Miller
Cell: 954-383-8170
1631 Ne 16 Ter, Cape Coral
$85,000
0 Bed
0 Bath
.23 Acre
0 Garage
Prime vacant land in Cape Coral with RML zoning, ideal for Residential Multi-Family use, offers a lucrative investment opportunity due to high demand for multifamily properties. The zoning allows for significant potential for builders and developers to establish multifamily rental units. The undeveloped land is an optimal foundation for your multifamily residential project, located in a high-demand area within a sought-after neighborhood. Utility connections are set to begin within two months, expected to substantially increase lot values. Duplex lots in the area are already valued above $100,000.00. Seize this opportunity in a rapidly growing market.
Essential Information
MLS® #A11541611
Price$85,000
Bathrooms0.00
Acres0.23
TypeLand / Boat Docks
Sub-TypeOther
StatusActive
Community Information
Address1631 Ne 16 Ter
Area5940 Florida Other
SubdivisionCAPE CORAL
CityCape Coral
CountyLee County
StateFL
Zip Code33909
Additional Information
Date ListedFebruary 28th, 2024
Days on Market66
Listing Details
Listing Courtesy ofHome Wiz USA
LISTING MAP
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