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Price Upon Req.190,800 SF
Redevelopment Assemblage Downtown Cape Coral FL in the Bimini Basin Area - 23 Acres Existing MF Rentals and Entitlements for Large Mixed Use Development. Property is zoned for mixed use development, allowing 20 du/acre residential and 2 FAR commercial, six stories as of right and up to 40 du/acre and 4 FAR by discretionary approval. Tax Increment Financing available. Currently 160 MF units, duplexes, triplexes, quads and apartment buildings producing rental income. Looking for investors and end users for this future mixed use development.
GREATEST WATERFRONT CANAL LOCATION IN CAPE CORAL WITH DIRECT ACCESS TO THE GULF, breathtaking VIEW.COMPLETE VACATION AMBIANCE, relaxing & quiet; BRING YOUR BOAT AT YOUR DOOR, choose your unit, within this 240 feet Waterfront Cape Coral 12 X 2/2 units of +-1250sf + 148sf screen porch IN 3x-2 story buildings of 4 units each, 5 boat docks (10 slips)& water/sewer hookup; Large in ground pool open kitchen. PARC IN Front of the buildings, parking +-30 spaces in front. Central a/c, individual unit billing utilities ( electricity and water). Renovations; New ROOF shingle building #2, New modern Ext& Int paint,4 New Ac ,Reconditioned 8 units, Lattices redone, Rails redone in factory with magnetic paint, New soffit & fascia in all 3 buildings, New doors, ALL New toilets, most baths refreshed, some units with new ceramics tiles, some units with new carpeting. Some with existing terrazzo. New pool pump, electricity & plumbing partly redone. rent $1000-$1500/mthly. Property PROJECTED ANNUAL INCOME $185000.
* 40 RENTABLE UNITS * 8 Apartments, 4 owned RVs, 32 Pads Total * 76,300 s/f, Sub-Surface Land Lease Included * City Water and Sewer * Close To Golf, Beaches, Malls & Airport * Immediate Cash Flow Fully Rented * Easily Rented Usually a Waiting List * At Foot of The Fishin' st Bridge in The World * Restaurants, Art Galleries & Gift Shops * Boat & Kayak Rentals Right Nearby * World Class Fishing Tarpon, Snook, etc. * Landmark Facility (70+ yrs) * Up Side in Future Redevelopment
Price Upon Req.202,010 SF
Access to OM & Financials are at Available Properties, Coral Cove, War Room. is pleased to announce the exclusive listing of Coral Cove (the Property ), consisting of 196 of 289 condominium units located Cape Coral, Florida. Coral Cove offers and investor the opportunity to acquire 196 units of a 289 garden style condominium in Cape Coral. The Property offers two and three-bedroom units with an average unit size of 1,031 square feet. The 2001 vintage, 12 building community is situated adjacent to the Four Mile Cove Ecological Preserve and offers a unique amenity in the market.