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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.PROPERTY FEATURES
Irrigation Source: Assessment Paid
Water Source : Assessment Paid
Association Amenities: See Remarks
Lot Features : Oversize, See Remarks
Lot Type : Commercial Lot
Road Responsibility : Public Maintained Road
Road Frontage Type : Paved
Current Use : 10-Vacant Commercial
Possible Use: Commercial, Other/See Remarks
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PROPERTY DETAILS
Street Address: 131 16th PL
City: Cape Coral
State: Florida
Postal Code: 33991
County: Lee
MLS Number: 224073664
Courtesy of EXP Realty, LLC
City: Cape Coral
State: Florida
Postal Code: 33991
County: Lee
MLS Number: 224073664
Courtesy of EXP Realty, LLC
Courtesy of Premiere Plus Realty Company
