FL > Cape Coral > Cape Coral
Cape Coral, FL 33993,432 Diplomat Pkwy W
Cape Coral, FL 33993,432 Diplomat Pkwy W
Cape Coral, FL 33993,432 Diplomat Pkwy W
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Team Comerford

Team Comerford

+1(941) 586-3229
$8,000
Est. payment /mo
3,123 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 225020912

HOA Y/N No

Annual Tax Amount $427

Tax Year 2024

Lot Size 3,123 Sqft

Acres 0.0717

Lot Dimensions Appraiser

Property Sub-Type Commercial

Property Description

Lot is too small to build on without adding other nearby lots. Seller does own lot 430 Diplomat PKWY W also that is listed. Great for investors wanting to accumulate commercial property in a growing area. Lot is too small to build on without adding other nearby lots. Seller does own lot 432 Diplomat PKWY W also that is listed. Great for investors wanting to accumulate commercial property in a growing area. Prime Investment Opportunity at 432 Diplomat Pkwy W, Cape Coral, FL 33993. Seize this exceptional chance to acquire a strategically located parcel & its adjacent parcel, in the rapidly developing area of Cape Coral - the lot presents a unique investment prospect, especially when combined with the adjacent property at 430 Diplomat Pkwy W, also available for purchase. Key Features: strategic Location: Nestled in a burgeoning commercial district, this property offers significant potential for future development. Investment Potential: Ideal for investors aiming to consolidate parcels for larger-scale projects, enhancing the property's utility and value. Opportunity Under the Live Local Act:
The recently enacted Live Local Act in Florida is designed to boost affordable housing by allowing administrative approval of multi-family and mixed-use residential developments in commercial zones. This legislation provides investors with avenues to develop affordable housing projects, potentially benefiting from various incentives and streamlined processes. Considerations:Given the lot's current size constraints for standalone development, acquiring adjacent parcels, such as 430 Diplomat Pkwy W, is advisable to meet building requirements and fully capitalize on the property's potential. 432 Diplomat Pkwy W represents a promising investment for those looking to participate in Cape Coral's growth. By leveraging opportunities presented by the Live Local Act and considering parcel consolidation, investors can unlock substantial value in this property.

Location

State FL

County Lee

Community Cape Coral

Area Cc41 - Cape Coral Unit 37-43, 48, 49

Rooms

Bedroom Description NaN

Interior

Furnishings Furnished

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Not Available, Water Not Available

Waterfront Description None

Water Access Desc None

Present Use Commercial

Garage No

Building

Lot Description Rectangular Lot

Faces North

Sewer None

Water None

Others

HOA Fee Include None

Senior Community No

Tax ID 02-44-23-C1-02659.A140

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

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Listed by Realty One Group MVP • James Hunter
agent
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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