Price Reduction - Waterfront - Seller Financing
Address
525-531 Chiquita Boulevard S, Cape Coral, FL
Price
$ 1,250,000
Property Attributes
  • MLS#224036067
  • TypeLand
  • CountyLEE
  • CityCape Coral
  • AreaCC41 - Cape Coral Unit 37-43 - 48 - 49
  • NeighborhoodCAPE CORAL
  • Zip33991
  • StyleCommercial
  • Taxes$ 17290
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.948 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Seller Financing available with 500K down, 9% interest only and balloon in 3-5 Years. Don’t miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District. The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft. Pine Island Road is the city’s northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

Price History
4/25/2024 Listed $1,500,000
5/15/2024 1% - $1,499,000
5/29/2024 12% - $1,325,000
6/12/2024 6% - $1,250,000

General Features

Sewer PublicSewer
Cooling SeeRemarks
Utilities CableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable
Possession CloseOfEscrow
HOA 0.0
Association Fee Includes None
View Canal
Property SubType Commercial
Tax Year 2023
Current Use Commercial,Other,SeeRemarks
Waterfront Features CanalAccess
Community Features NonGated
County Lee
New Construction No
Property Type Land
Association Amenities None
HOA / Comm Assn No
Attached Garage No
Subdivision Name CAPE CORAL
Facing Direction West
Garage Y/N No
Status Active
City CAPE CORAL
Land Lease Amount 0.0
View Y/N Yes
Senior Community Y/N No
Zoning Description CORR
MLS Area CC41 - Cape Coral Unit 37-43,48,49
Lot Size Units Acres
Waterfront Y/N Yes
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 17290.48
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 48
Standard Status Active
Tax Lot 1
Property Sub Type Additional Commercial,UnimprovedLand
MobileHomeRemainsYN No
PostalCity CAPE CORAL
Legal Description CAPE CORAL UNIT 49 BLK.3662 PB 17 PG 146 LOTS 1 THRU 3
Condo Fee 0.0

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Multiplelots,OversizedLot
Water Source Public
Lot Size Area 1.948
Horses No
Spa No
Irrigation/Water Rights No
Lot Dimensions 669 x 126 x 682 x 125
Lot Size Acres 1.948
Lot Size Source Appraiser
Covered Spaces 0.0
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33991

Price
AVG $210K
$1.25M
Taxes
AVG $2,403
$17,290
Visits
AVG 260
119
Data Provided by Inside Real Estate®

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