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Exceptional mixed use investment property with fantastic location directly across from Del Prado and close to the water. Minutes to downtown Ft. Myers. Offering consists of 5 apartments on 2nd floor (1,326sf each) and 5 retail or office condos on 1st floor (1,326sf). All units are improved and in great condition (CBS construction). 27 parking spots. Built 2006. All apartments are 2 Bed/ 2 Bath + lanai; high tray ceilings, Italian Villa style with arched bays and grand columns in warm colors / stucco. Units have their own garage (1-2 spots). Luxury touches everywhere. California closets, front loading washer/dryer, granite countertops, glass shower enclosure, tall wood cabinets. Nice private balcony off the master bedroom.
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. Property GREAT INCREASE POTENTIAL rent . ACTUAL ANNUAL ACTUAL INCOME $ 170400. ($900- $1000)
Price Upon Req.190,800 SF
Redevelopment Assemblage Downtown Cape Coral FL in the Bimini Basin Area - 20+ 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.
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Situated directly on Santa Barbara Boulevard, one of the Cape's major north/south thoroughfares, the Viceroy on Santa Barbara is positioned conveniently for residents. It sits less than a quarter mile from Cape Coral Parkway and approximately two miles from Del Prado Boulevard, the city's main arterials, making it in very close proximity to the area's major retail destinations. While Del Prado Boulevard, one of Cape Coral's major north/south thoroughfares, predominantly houses large retail centers, office buildings, restaurants and other commercial properties; Cape Coral Parkway provides residents with easy access to Fort Myers and further on to Interstate 75 (I-75), the primary north/south highway system for Florida's west coast. Stretching as far north as Michigan, Interstate 75 offers a direct route to Cape Coral's major neighboring cities of Bradenton/Sarasota to the north and Naples to the south.