Entitled land with approved building and MEP plans for a mixed-use development featuring workforce housing and commercial space. This property is zoned C1 (confirm zoning for uses) and presents a prime opportunity for developers and investors. The project includes 70 workforce housing units designed to meet the increasing demand for affordable housing, offering well-planned and comfortable living spaces. In addition, 8,300 square feet of versatile commercial space is available for retail, office, or mixed-use purposes, providing ample flexibility for various businesses. Located in the thriving South Cape Coral area, this property offers excellent access to public transportation, major highways, and local amenities, making it an attractive location for residents and commercial tenants. The nearby schools, parks, restaurants, and healthcare facilities further enhance the appeal, ensuring a high quality of life for future residents. With strong demand for workforce housing, this development offers a stable rental market, complemented by the potential for long-term commercial leases. The property’s design supports community impact, fostering a vibrant and integrated environment. As the area grows and develops, there is significant appreciation potential, making this a compelling investment opportunity. The property is deed-restricted under the Live Local Bill, requiring 40% of units to be rented to tenants earning less than 120% of the area median income (AMI). As of April 2024, Cape Coral's AMI is $88,800. Seller financing is available.
Property Details
Property Features
Listing Office:
Office Name: Coast Life Properties LLC
Office Phone: (616) 638-9795
Listing Agent: Kyle Doyon
Exterior Features
Exterior Information:
Waterfront: None
View: City
Lot Features
Lot Information:
Lot: Oversized Lot, See Remarks
Lot Size: 1.03 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $2,150,000
Tax Information:
Annual Amount: $1,020
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cape Coral, FL.
This property is $1.7M more 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: #224056206
Listing Office:
Office Name: Coast Life Properties LLC
Office Phone: (616) 638-9795
Listing Agent: Kyle Doyon
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: 11/25/2024, 8:20:50 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
Mar 04, 2004
Mar 04, 2004Home Sold
$100,000
Feb 03, 1999
Feb 03, 1999Home Sold
$100,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,020
$45,000
2019
$953
$22,589
2018
$868
$20,535
2017
$746
$22,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.7K
Per Month
Principal & Interest
$10.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,512
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
7
/10
Gulf Elementary School
3400 SW 17th Pl
Distance between this listing and this school0.68 miles
Public District Grades KG-5
8
/10
Oasis Charter Elementary School-South
3415 Oasis Blvd
Distance between this listing and this school1.20 miles
Public Charter Grades KG-5
7
/10
Pelican Elementary School
3525 SW 3rd Ave
Distance between this listing and this school1.57 miles
Public District Grades KG-5
Nearby Schools
7
/10
Gulf Middle School
1809 SW 36th Ter
Distance between this listing and this school0.50 miles
Public District Grades 6-8
8
/10
Oasis Charter Middle School
3507 Oasis Blvd
Distance between this listing and this school1.16 miles
Public Charter Grades 6-8
6
/10
Trafalgar Middle School
2120 SW Trafalgar Pkwy
Distance between this listing and this school2.80 miles
Public District Grades 6-8
Nearby Schools
5
/10
Ida S. Baker High School
3500 Agualinda Blvd
Distance between this listing and this school0.78 miles
Public District Grades 9-12
7
/10
Oasis Charter High School
3519 Oasis Blvd
Distance between this listing and this school1.14 miles
Public Charter Grades 9-12
5
/10
Cape Coral High School
2300 Santa Barbara Blvd
Distance between this listing and this school2.61 miles
The neighbors living near this home have an average income of $60,317. Residents of Cape Coral, FL typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3727 SE 15th Pl
What is the listing price of this property?
The listing price of 3727 SE 15th Pl property is $2,150,000.
What type of property is this?
The property 3727 SE 15th Pl is land located in Cape Coral, Florida, 33990.
Is this property for sale now?
Active Listing: 3727 SE 15th 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 $1,020 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 4, 2004 for $100,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3727 SE 15th Pl in Cape Coral, FL and zip code 33990 in the Pelican neighborhood. This home sits on a 1.03 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $2,150,000.
Over 30 listings were sold over their listed price in October 2024 in Cape Coral, FL. In the same period over 263 listings were sold below the listed price and 80 listings were sold for the listed price. The number of listings in Cape Coral, FL increased by 5% between September 2024 and October 2024. In October 2024 median list price was $390,012 and the average listing age was 79 days.
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.
Horse Races
Horse Races
Extreme Sports
College Basketball
Stein Mart
Sam's Club
Dillards
LongHorn Steakhouse
White Castle
Logan's Roadhouse
Buick
Oldsmobile
Hyundai
Contemporary Inspirational
Rock
Rhythmic Contemporary Hits