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The southwest corner of Olde Burnt Store Road and Kismet Parkway West. Parcel Size- 14.875 Acres mol Zoned Neighborhood Commercial (NC) - WHICH ALLOWS FOR MULTIFAMILY-COMMERCIAL AND ASSISTED LIVING FACILITY (ALF) Mulifamily Compnent approx 14.875 acres @16 units per acre =238 units Buyer to Verify with City Zoning, Density and Projected Completion of Utilities. Property includes two rental Homes which are currently leased. and sold "As Is" due to roof damage from Hurricane. Additional adjoining approx 2.62 acres (Commercial Zoning) having frontage on Kismet Parkway & Old Burnt Store Road are available for purchase @$995,000.00. Utilities scheduled for 2025 (North 3) as per City 36-43-22-C2-00003.0010 36-43-22-C2-00003.0000 36-43-22-C2-00003.00A0 36-43-22-C2-00004.0000
Property Details
Price: $7,500,000
City: Cape Coral
County: Lee
Type: Acreage
Development: Cape Coral
Acres: 17.50
Listing Number: 2025004550
Status Code: A-Active
Taxes: $19,300.00
Tax Year: 2024
Garage:
Amenities:
None
Financial Information:
Taxes: $19,300.00
Tax Year: 2024
Additional Information:
MLS Area: Cc43 - Cape Coral Unit 58, 59-61, 76,
Water: Well
Date Listed: 2025-08-05 23:00:13
Garage Spaces: 0
Irrigation: None
Sewer: None
Lot Desc.: See Remarks, Acreage
Amenities: None
Map of Kismet Pkwy, Cape Coral, FL 33993
Listing Courtesy Of: Real Estate Corp Of America
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