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$ 2,750,000
Est. payment /mo
Active
53 NE Pine Island RD Cape Coral, FL 33909
3.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 225035564
HOA Y/N No
Originating Board Florida Gulf Coast
Annual Tax Amount $11,513
Tax Year 2024
Lot Size 3.500 Acres
Acres 3.5
Property Description
Perfect Development opportunity in Cape Coral. Located in a highly sought out Opportunity Zone area of the city along Pine Island Rd. There is tremendous growth happening and many major commercial projects currently taking place on Pine Island Rd that makes this an excellent opportunity to buy one of the last available land parcels to build your next commercial project on. Due to this property being situated within the Opportunity Zone Development map of Lee County there are incentives attached that make this deal a great investment opportunity for any developer or investor.
To the west of these parcels is a favorite area attraction, Gator Mike's Family Fun Park. Gator Mike's Family Fun Park is a premier family adventure park in the city of Cape Coral. It offers excursions for all ages, such as miniature golf, a zip line, rock climbing, go-cart tracks, bumper boats and an arcade. This makes the vacant 3.5 acres ideal for a possible destination hotel or vacation resort as there is lots of fun to experience next door at Gator Mike's and a great restaurant to the south, a newly built Mellow Mushroom, making an ideal location along Pine Island Road, a major Commercial Corridor in the growing city of Cape Coral.
On the west side of Gator Mike's, there is a planned 320+ unit Multifamily development project in the works. With another large scale multifamily project being planned to the east and adjunct to the 3.5 acres parcels making this ideal for a possible hotel with a convention center that Cape Coral is in great need of, along with mix use retail and/or medical, are some of the best use of these last vacant land parcels along the busiest commercial corridor in Cape Coral and Lee County. Currently the estimated traffic count is 54,000 and growing as commercial and residential projects are completed along the Pine Island Road commercial corridor.
Total of vacant Land is 3.5 Acres of flat wooded uplands, Seller has completed and paid the EPA required permits for wetlands remediated to Uplands for all of the total 3.5 acres. Water, Sewer and Electrical utilities are hookup ready for your development plans.
Legal descriptions are as follows:
1. Lee County Parcel ID: 12-44-23-C4-12000.0020
MELLOW CAPE VENTURES LAND CONDO A REPLAT OF A PORTION OF LOT 17 PB 9 PG 21 AS DESC IN INSTRUMENT 2023000309006 UNIT 2
2. Lee County Parcel ID: 12-44-23-C4-12000.0030
MELLOW CAPE VENTURES LAND CONDO A REPLAT OF A PORTION OF LOT 17 PB 9 PG 21 AS DESC IN INSTRUMENT 2023000309006 UNIT 3
To the west of these parcels is a favorite area attraction, Gator Mike's Family Fun Park. Gator Mike's Family Fun Park is a premier family adventure park in the city of Cape Coral. It offers excursions for all ages, such as miniature golf, a zip line, rock climbing, go-cart tracks, bumper boats and an arcade. This makes the vacant 3.5 acres ideal for a possible destination hotel or vacation resort as there is lots of fun to experience next door at Gator Mike's and a great restaurant to the south, a newly built Mellow Mushroom, making an ideal location along Pine Island Road, a major Commercial Corridor in the growing city of Cape Coral.
On the west side of Gator Mike's, there is a planned 320+ unit Multifamily development project in the works. With another large scale multifamily project being planned to the east and adjunct to the 3.5 acres parcels making this ideal for a possible hotel with a convention center that Cape Coral is in great need of, along with mix use retail and/or medical, are some of the best use of these last vacant land parcels along the busiest commercial corridor in Cape Coral and Lee County. Currently the estimated traffic count is 54,000 and growing as commercial and residential projects are completed along the Pine Island Road commercial corridor.
Total of vacant Land is 3.5 Acres of flat wooded uplands, Seller has completed and paid the EPA required permits for wetlands remediated to Uplands for all of the total 3.5 acres. Water, Sewer and Electrical utilities are hookup ready for your development plans.
Legal descriptions are as follows:
1. Lee County Parcel ID: 12-44-23-C4-12000.0020
MELLOW CAPE VENTURES LAND CONDO A REPLAT OF A PORTION OF LOT 17 PB 9 PG 21 AS DESC IN INSTRUMENT 2023000309006 UNIT 2
2. Lee County Parcel ID: 12-44-23-C4-12000.0030
MELLOW CAPE VENTURES LAND CONDO A REPLAT OF A PORTION OF LOT 17 PB 9 PG 21 AS DESC IN INSTRUMENT 2023000309006 UNIT 3
Location
State FL
County Lee
Area Cape Coral
Zoning CORR
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Waterfront Description None
View Y/N Yes
View Trees/Woods
Present Use 10-Vacant Commercial
Street Surface Paved
Garage No
Building
Lot Description Regular, See Remarks
Sewer None
Water Assessment Paid, Central
New Construction No
Others
Senior Community No
Tax ID 12-44-23-C4-12000.0020
Virtual Tour https://tours.realestatephotos360.com/s/53-NE-Pine-Island-Rd-Cape-Coral-FL-33909
Listed by LPT Realty • Sandra Varela