#RX-11018267, Heather M Hanzl, Listing Office: Thomas W. Melba Realty
Property details
About 3731 SE 15th Pl
Entitled land with approved building and MEP plans for a mixed-use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well-planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office, or mixed-use purposes, providing ample flexibility for various businesses. Located in the thriving South Cape Coral area, this property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. The nearby schools, parks, restaurants, and healthcare facilities further enhance the appeal, ensuring a high quality of life for future residents. With strong demand for workforce housing, this development offers a stable rental market, complemented by the potential for long-term commercial leases. The property’s design supports community impact, fostering a vibrant and integrated environment. As the area grows and develops, there is significant appreciation potential, making this a compelling investment opportunity. The property is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of the area median income (AMI). As of April 2024, Cape Coral's AMI is $88,800. Seller financing is available.
Highlights
Summary
- MLS Number: 224056206
- MLS Name: SWFL
- Office Name: Coast Life Properties LLC
- Office Phone: (616) 638-9795
- Office Email: Coastlifeproperties@hotmail.com
- Listing Agent: Kyle Doyon
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Last updated on: 3/6/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,150,000
3731 SE 15th Pl
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 01, 2023 | Home Sold | $369,000 |
Apr 27, 2022 | Home Sold | $325,000 |
Mar 04, 2004 | Home Sold | $100,000 |
Feb 03, 1999 | Home Sold | $100,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $40,000 | $1,120 |
2022 | $30,000 | $784 |
2021 | $30,000 | $784 |
2020 | $30,000 | $777 |
2019 | $15,059 | $687 |
2018 | $13,690 | $626 |
2017 | $15,000 | $542 |
History based on county public records data.
Nearby schools
8
Cape Elementary School
Public District KG-5
1.0 mi
•4519 Vincennes Blvd
4
Pelican Elementary School
Public District KG-5
2.3 mi
•3525 SW 3rd Ave
4
Skyline Elementary School
Public District KG-5
3.6 mi
•620 SW 19th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,866. Most Cape Coral, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 3731 SE 15th Pl
This home is located at 3731 SE 15th Pl in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 2, 2024 and is currently priced at $2,150,000.
In February 2025 more than 23 listings in Cape Coral, FL were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 268 were sold below. The inventory of homes for sale in Cape Coral, FL between January and February 2025 increased by 10.6%. In February 2025 median list price was $389,438 and the average listing age was 83 days.