131 SW 16th Pl., Cape Coral, FL 33991

131 SW 16th Pl., Cape Coral, FL 33991
Photo 1 of 5
$349,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $5,592
On the market: 58 days

Est. Monthly Payment:

$2,462($1,996 + $466 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Marisa Goodpaster & Diana Austin, EXP Realty LLC & EXP Realty LLC