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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.PROPERTY FEATURES
Irrigation Source : IncludedinAssessment
Water Source : AssessmentPaid
Sewer System : AssessmentPaid
Community Features : NonGated
Association Amenities : Other,SeeRemarks
Lot Features : Cleared,OversizedLot,SeeRemarks
Road Surface Type : Paved
Property Sub-Type Additional : Commercial,UnimprovedLand
Possible Use : Office,SeeRemarks
Current Use : Commercial,Other,SeeRemarks
Zoning Description : RD-D
PROPERTY DETAILS
Street Address: 131 SW 16th Place
City: Cape Coral
State: Florida
Postal Code: 33991
County: Lee
MLS Number: 224073664
Courtesy of EXP Realty LLC
City: Cape Coral
State: Florida
Postal Code: 33991
County: Lee
MLS Number: 224073664
Courtesy of EXP Realty LLC
Courtesy of Premiere Plus Realty Company
