Cape Coral, FL 33991 131 SW 16th Place
$349,000
0 more
Presented By: EXP Realty LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Home Details
This double commercial lot in Cape Coral, FL, presents a unique investment opportunity with approved architectural plans for an 8-unit boutique hotel. The ±6,600 sq ft two-story hotel is designed to offer high-end accommodations with each unit featuring a kitchenette and private balcony. The property includes amenities such as a pool and barbecue area, and the site’s prime location on a major boulevard provides excellent visibility and access. With the city’s Site Development Plan approval in place and a general contractor secured, the project is ready for construction, with an estimated completion timeline of 8 months from contract signing. This turnkey offering includes the lot, architectural plans, and all development rights, providing a rare chance to bring a fully planned hospitality project to life in a rapidly growing market.
Presented By: EXP Realty LLC
Interior Features for 131 SW 16th Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 131 SW 16th Place
Additional Parcels Y/NNo
Association AmenitiesOther, SeeRemarks
Association Fee IncludesNone
Attached Garage No
Carport Y/NNo
CityCAPE CORAL
Community FeaturesNonGated
Condo Fee0.0
CoolingSeeRemarks
CountyLee
Current UseCommercial, Other, SeeRemarks
Days on Market
Electric On Property Y/NNo
Facing DirectionWest
Garage Y/NNo
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCAPE CORAL UNIT 50 BLK 3680 PB 17 PG 159 LOTS 23 + 24
Lot Size UnitsAcres
MLS AreaCC42 - Cape Coral Unit 50, 54, 51, 52, 53
MobileHomeRemainsYNNo
New ConstructionNo
PossessionCloseOfEscrow
Possible UseOffice, SeeRemarks
PostalCityCAPE CORAL
Property Sub Type AdditionalCommercial, UnimprovedLand
Property SubTypeCommercial
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerAssessmentPaid
Standard StatusActive
StatusActive
Subdivision NameCAPE CORAL
Tax Annual Amount5592.09
Tax Lot23
Tax Year2023
UtilitiesOther
View Y/NNo
Waterfront FeaturesNone
Waterfront Y/NNo
Zoning DescriptionRD-D
Exterior for 131 SW 16th Place
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot Dimensions160 x 125 x 160 x 125
Lot FeaturesCleared, OversizedLot, SeeRemarks
Lot Size Acres0.4591
Lot Size Area0.4591
Lot Size SourceSurvey
LotDimensionsSourceSurvey
Open Parking Y/NNo
Road ResponsibilityPublicMaintainedRoad
Road Surface TypePaved
SpaNo
VegetationGrassed
Water SourceAssessmentPaid
Additional Details
Price History
