4636-4640-4644 SE 9th Pl Cape Coral, FL 33904

Downtown Cape Coral Opportunity located on the most sought-after area in Cape Coral. The site consists of an existing office building with 17 parking spaces and vacant lot totaling .45 acres of developable land located on 47th St And SE 9th PL. Plenty of additional parking along SE 9th PL and in the City owned parking lot to the East called "Club Square". The 100M+ Development one street South called "The Cove on 47th" is under construction and consists of approximately 326 apartment units, 19,000 square feet of restaurant and retail commercial space. As part of the agreement, $10.4 million in incentives to fund the construction of a 525-space parking garage with 125 spaces available for public use. There are plenty of approved uses including ground floor retail, office, medical and multifamily development up to 10 stories and 125 units per acre. The 48K sq ft Lee Health Facility is breaking ground this year within a mile of the subject property. The property was completely renovated in 2023 with a new roof, 2 new AC's and interior design elements. Recent appraisal available for review. The South Cape CRA's mission is to facilitate a vibrant urban village where people of all ages will live, work, shop, dine, and be entertained. Parcel #07-45-24-C4-00355.0450 also included in this sale.