525-531 Chiquita Blvd S, CAPE CORAL

$1,499,000

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0 Bed
0 Bath
1.95 Acres
0 Garage

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.

Essential Information

MLS® #
224036067
Price
$1,499,000
Bathrooms
0.00
Square Footage
0.00
Acres
1.95
Type
Land
Sub-Type
Commercial
Status
Active

Community Information

Address
525-531 Chiquita Blvd S
Subdivision
CAPE CORAL
City
CAPE CORAL
County
Lee
State
FL
Zip Code
33991

Area

CC41 - Cape Coral Unit 37,48,49

Amenities

Amenities
None
Features
Oversized Lot, Multiple lots
View
Canal
Is Waterfront
Yes
Waterfront
Canal Access

Utilities

Cable Available, Electricity Available, Phone Available, Trash Collection, Water Available, Sewer Available

Interior

Cooling
See Remarks

Exterior

Lot Description
Oversized Lot, Multiple lots

Additional Information

Days on Market
21
Zoning
CORR
HOA Fees
0.00

Listing Details

Office
RE/MAX Trend
Property History
Price Reduced from $1,500,000 to $1,499,000Price Increased from $1,499,000 to $1,500,000Price Reduced from $1,500,000 to $1,499,000

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