Description
Prime Development Opportunity - Approved Duplex Lot with Up to 8 Units Potential Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation. Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs. This property offers excellent potential for multi-unit income generation in a market with increasing demand for residential housing. Whether you are planning to build and hold for cash flow or develop for resale, this lot represents a strategic addition to any real estate portfolio. Serious inquiries only. Detailed information available upon request.
Details
| MLS # | 2026009047 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 174 |
| Listing Provided By | Mirimar Real Estate & Invest | Miriam Ruiz |
Features
| Zoning | R3-D |
|---|---|
| Acreage | 0.23 |
| Water Front | Yes |
| Property View | Partial Buildings |
Interior
| Rooms Total | 0 |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Lot Features | Regular |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | None |
|---|
Taxes
| Tax Annual Amount | 3549.27 |
|---|---|
| Tax Block | 2162 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33909 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $98,900 low | high Med: $369,990 On site: 174 low | high Med: 3 | |
Market Activity 33909
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | CAPE CORAL |
| Zip Code | 33909 |
| Area | CAPE CORAL |
| Community Name | CAPE CORAL |
| Listing VS Median (in CAPE CORAL) | |
Price: $98,900 low | high Med: $369,990 On site: 174 low | high Med: 3 | |
