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 Details
Property Features
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 883-8509
Listing Agent: Marisa Goodpaster
Exterior Features
Exterior Information:
Waterfront: None
Lot Features
Lot Information:
Lot: Cleared, Oversized Lot, See Remarks
Lot Size: 0.46 Acres
Utilities
Utilities Information:
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $349,000
Tax Information:
Annual Amount: $3,056
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cape Coral, FL.
This property is $41K less than the Median Sold Price in Cape Coral, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224073664
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 883-8509
Listing Agent: Marisa Goodpaster
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 13, 2021
Jan 13, 2021Home Sold
$23,000
Sep 04, 2020
Sep 04, 2020Home Sold
$18,000
Feb 12, 2018
Feb 12, 2018Home Sold
$78,000
Feb 07, 2018
Feb 07, 2018Home Sold
$32,700
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,056
$13,600
2019
$3,095
$17,000
2018
$3,162
$20,500
2017
$421
$10,821
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Oasis Elementary Charter School-North
2817 SW 3rd Ln
Distance between this listing and this school1.60 miles
Public Charter Grades KG-5
5
/10
Hector A. Cafferata, Jr. Elementary School
250 Santa Barbara Blvd N
Distance between this listing and this school2.08 miles
Public District Grades KG-5
7
/10
Trafalgar Elementary School
1850 SW 20th Ave
Distance between this listing and this school2.12 miles
Public District Grades KG-5
Nearby Schools
4
/10
Mariner Middle School
425 Chiquita Blvd N
Distance between this listing and this school0.91 miles
Public District Grades 6-8
6
/10
Trafalgar Middle School
2120 SW Trafalgar Pkwy
Distance between this listing and this school1.92 miles
Public District Grades 6-8
5
/10
Mid Cape Global Academy
76 Mid Cape Ter
Distance between this listing and this school1.92 miles
Public Charter Grades PK-8
Nearby Schools
4
/10
Mariner High School
701 Chiquita Blvd N
Distance between this listing and this school1.22 miles
Public District Grades 9-12
1
/10
North Nicholas High School
428 SW Pine Island Rd
Distance between this listing and this school1.42 miles
Public Charter Grades 9-12
5
/10
Cape Coral High School
2300 Santa Barbara Blvd
Distance between this listing and this school3.33 miles
The neighbors living near this home have an average income of $61,387. Typical income of Cape Coral, FL residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 131 SW 16th Pl
What is the listing price of this property?
The listing price of 131 SW 16th Pl property is $349,000.
What type of property is this?
The property 131 SW 16th Pl is land located in Cape Coral, Florida, 33991.
Is this property for sale now?
Active Listing: 131 SW 16th Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,056 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 13, 2021 for $23,000. (source: MLS/tax record).
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This home is located at 131 SW 16th Pl in Cape Coral, FL and zip code 33991 in the Mariner neighborhood. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since September 08, 2024 and is currently priced at $349,000.
While more than 39 listings in Cape Coral, FL in November 2024 were sold above asking price, there were more than 77 listings sold at asking price, and more than 210 were sold below. The inventory of homes for sale in Cape Coral, FL between October 2024 and November 2024 increased by 11%. While the average time on the market in November 2024 was 82 days, the median list price was $390,028.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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