2120 NE 8th Place, Cape Coral, FL 33909
- $98,900
- List Price
- $98,900
- Status
- ACTIVE
- MLS#
- 2026009047
- Development
- Cape Coral
- Subdivision
- Cape Coral
Property Description
Prime Development Opportunity – Approved Duplex Lot with Up to 8 Units Potential Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation. Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs. This property offers excellent potential for multi-unit income generation in a market with increasing demand for residential housing. Whether you are planning to build and hold for cash flow or develop for resale, this lot represents a strategic addition to any real estate portfolio. Serious inquiries only. Detailed information available upon request.
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Additional Information
- Taxes
- $3,549
- Community Type
- None, See Remarks
- Acres
- 0.23
- Amenities
- None
- View
- Partial Buildings
- Waterfront Description
- None
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
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Listing courtesy of Mirimar Real Estate & Invest.