525-531 Chiquita Blvd S, CAPE CORAL

$1,499,000

0 Beds
0 Baths
1.95 Acres
0 Garages

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
Bathrooms0.00
Square Footage0.00
Acres1.95
TypeLand
Sub-TypeCommercial
StatusActive
Community Information
Address525-531 Chiquita Blvd S
SubdivisionCAPE CORAL
CityCAPE CORAL
CountyLee
StateFL
Zip Code33991
Area

CC41 - Cape Coral Unit 37,48,49

Amenities
AmenitiesNone
FeaturesOversized Lot, Multiple lots
ViewCanal
Is WaterfrontYes
WaterfrontCanal Access
Utilities

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

Interior
CoolingSee Remarks
Exterior
Lot DescriptionOversized Lot, Multiple lots
Additional Information
Date ListedApril 25th, 2024
ZoningCORR
HOA Fees0.00
Listing Details
OfficeRE/MAX Trend
LISTING MAP

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