$2,150,000

3731 SE 15th Pl Cape Coral, FL 33990

1.0 acres
Land

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

Home typeBusiness
StatusActive
Lot size1.033 Acres
MLS #224056206
ViewCity

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

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

40%
<35k
48%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
6%
Single, with Kids
42%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
43%
35-64 yrs old
33%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • Cracker BarrelCracker Barrel
  • ChipotleChipotle

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • Soft Adult ContemporarySoft Adult Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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