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Gulf Access – Mixed-Use Development Site – 3.11 Acres Downtown Cape Coral – ACTIVE

1811 Cape Coral Pkwy. E.
Cape Coral, FL 33904

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Property Details

Property Type: Retail

Size: 3.11 Acres ± SF

Selling For: $5,600,000

Located at the southeast gateway to Cape Coral, this 3.11 acre property, zoned for mixed use development, has sweeping views of the Caloosahatchee River. The property is cleared and buildable and largely undeveloped and bulk headed, with a well-appointed 3,041 s.f. Sales Center, adjacent parking lot and a custom home (which is not included in the sale and will be removed from the premises). The property has approximately 600 linear feet of bulk-headed frontage along the Mandolin Canal, opening up to the river at the north end of the property, and capable of supporting significant boat dockage and related facilities. With 500 ft. of linear frontage along Cape Coral Parkway and 44,800 vehicles AADT, the property is well suited for commercial, mixed-use and multi-family development.

Within the City’s South Cape Redevelopment Community Area (CRA), which enables a significant range of commercial and residential development, Tax Increment Financing is available from the CRA. The land use district, Downtown Mixed (DM), and the zoning district South Cape (SC) allow a high multi-family density of 125 unit per acre, or 388 units and intense mixed-use development. The range of commercial uses permitted include: hotels, retail, restaurants, breweries, office, community facilities, assisted living, movie theaters and other commercial uses. The commercial bulk permitted is 4 FAR (Floor Area Ratio).

Property Features

  • Great Frontage on Caloosahatchee River
  • High Density, Building Height and Commercial Bulk permitted
  • Mixed Use Development 3.11 Acres with Sales Center

Contact Annette Barbaccia

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