Waterfront - New Construction
Address
525-531 Chiquita Boulevard S, Cape Coral, FL
Price
$ 1,500,000
Property Attributes
  • MLS#224036067
  • TypeLand
  • CountyLEE
  • CityCape Coral
  • AreaCC41 - Cape Coral Unit 37-43 - 48 - 49
  • NeighborhoodCape Coral
  • Zip33991
  • StyleCommercial
  • Taxes$ 17290
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.948 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Commercial Corridor Zoning in place. Don’t miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District. The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft. Pine Island Road is the city’s northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

Price History
4/25/2024 Listed $1,500,000

General Features

Sewer Public Sewer
Cooling See Remarks
Utilities Cable Available,Electricity Available,Phone Available,Sewer Available,Trash Collection,Water Available
Possession Close Of Escrow
Association Fee Includes None
View Canal
Property SubType Commercial
Tax Year 2023
Current Use Commercial,Other,See Remarks
Waterfront Features Canal Access
Community Features Non-Gated
County Lee
Property Type Land
Association Amenities None
Subdivision Name CAPE CORAL
Facing Direction West
Status Active
City CAPE CORAL
Buyer Agent Compensation 2.5%
View Y/N Yes
Zoning Description CORR
MLS Area CC41 - Cape Coral Unit 37-43,48,49
Waterfront Y/N Yes
Street Name Chiquita
Tax Annual Amount 17290.48
Standard Status Active
Tax Lot 1
Property Sub Type Additional Commercial,Unimproved Land
PostalCity CAPE CORAL
Legal Description CAPE CORAL UNIT 49 BLK.3662 PB 17 PG 146 LOTS 1 THRU 3

Interior Features

Street Suffix Boulevard

Exterior Features

Lot Features Multiple lots,Oversized Lot
Water Source Public
Lot Size Area 1.948
Canal Width Canal Width 200+
Lot Dimensions 669 x 126 x 682 x 125
Lot Size Acres 1.948
Lot Size Units Acres
Lot Size Source Appraiser
Road Responsibility Public Maintained Road
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33991

Price
AVG $230K
$1.5M
Taxes
AVG $2,497
$17,290
Visits
AVG 248
36
Data Provided by Inside Real Estate®

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