Entitled Land with Approved Architectural Plans for Mixed-Use Workforce Housing & Commercial Space For Sale: OVERVIEW This property is perfectly positioned in CP zoning to fit all available uses (check with zoning). Prime opportunity to invest in a lucrative development featuring 39 units of workforce housing and 8,300 sq ft of versatile commercial space. This property offers a dynamic blend of residential and commercial possibilities, making it an ideal investment for developers and entrepreneurs alike. KEY PLAN FEATURES -39 Workforce Housing Units: Designed to meet the growing demand for affordable housing, these units provide comfortable and modern living for our hardworking workforce. Each unit is thoughtfully planned to maximize space and livability. -8,300 Sq Ft of Commercial Space: Perfectly positioned for CP uses, this expansive commercial area offers flexibility to accommodate a variety of businesses. LOCATION Vacant land situated in the thriving South Cape Coral area with excellent access to public transportation, major highways, and local amenities, this property is ideally located to attract a steady stream of residents and commercial tenants. Proximity to schools, parks, restaurants, and healthcare facilities ensures convenience and a high quality of life for residents. INVESTMENT HIGHLIGHTS -Strong Demand: Workforce housing is in high demand, providing a stable and reliable rental market. The commercial space adds an additional revenue stream with potential for long-term leases. -Community Impact: Contribute positively to the community by providing much-needed affordable housing and supporting local businesses. This planned development fosters a vibrant, integrated community environment. -Growth Potential: The strategic location and mixed-use nature of the property offer significant appreciation potential. As the area continues to develop, property values are expected to rise, making this a great investment opportunity. *Deed restricted property through the Live Local Bill, requiring 40% of units to be rented to renters earning less than 120% of the AMI. SELLER FINANCING 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: 0.69 Acres
School Info
Assigned Schools Information:
Cape Coral High School, Public Magnet Grades 9-12
Ida S. Baker High School, Public Magnet Grades 9-12
Mariner High School, Public District Grades 9-12
Gulf Middle School, Public District Grades 6-8
Challenger Middle School, Public District Grades 6-8
Trafalgar Middle School, Public District Grades 6-8
Cape Elementary School, Public District Grades PK-5
Pelican Elementary School, Public District Grades PK-5
Gulf Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $2,058
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cape Coral, FL.
This property is $1.1M 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: #224056208
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: 9/22/2024, 7:20:49 AM 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 06, 2010
Jan 06, 2010Home Sold
$99,100
Apr 13, 2005
Apr 13, 2005Home Sold
$360,000
Dec 16, 1997
Dec 16, 1997Home Sold
$80,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,058
$120,000
2019
$1,933
$43,923
2018
$1,541
$39,930
2017
$1,456
$60,000
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.
Elementary School
8
/10
Cape Elementary School
4519 Vincennes Blvd
Distance between this listing and this school1.06 miles
Public District Grades PK-5
7
/10
Pelican Elementary School
3525 SW 3rd Ave
Distance between this listing and this school1.80 miles
Public District Grades PK-5
8
/10
Gulf Elementary School
3405 Agualinda Blvd
Distance between this listing and this school3.48 miles
Public District Grades PK-5
Middle School
6
/10
Gulf Middle School
1809 SW 36th Ter
Distance between this listing and this school3.33 miles
Public District Grades 6-8
6
/10
Challenger Middle School
624 SW Trafalgar Pkwy
Distance between this listing and this school4.29 miles
Public District Grades 6-8
6
/10
Trafalgar Middle School
2120 SW Trafalgar Pkwy
Distance between this listing and this school5.06 miles
Public District Grades 6-8
High School
5
/10
Cape Coral High School
2300 Santa Barbara Blvd
Distance between this listing and this school3.19 miles
Public Magnet Grades 9-12
5
/10
Ida S. Baker High School
3500 Agualinda Blvd
Distance between this listing and this school3.62 miles
Public Magnet Grades 9-12
4
/10
Mariner High School
701 Chiquita Blvd N
Distance between this listing and this school7.26 miles
Public District Grades 9-12
Assigned Schools
8
/10
Cape Elementary School
4519 Vincennes Blvd
Distance between this listing and this school1.06 miles
Public District Grades PK-5
7
/10
Pelican Elementary School
3525 SW 3rd Ave
Distance between this listing and this school1.80 miles
Public District Grades PK-5
8
/10
Gulf Elementary School
3405 Agualinda Blvd
Distance between this listing and this school3.48 miles
Public District Grades PK-5
Assigned Schools
6
/10
Gulf Middle School
1809 SW 36th Ter
Distance between this listing and this school3.33 miles
Public District Grades 6-8
6
/10
Challenger Middle School
624 SW Trafalgar Pkwy
Distance between this listing and this school4.29 miles
Public District Grades 6-8
6
/10
Trafalgar Middle School
2120 SW Trafalgar Pkwy
Distance between this listing and this school5.06 miles
Public District Grades 6-8
Assigned Schools
5
/10
Cape Coral High School
2300 Santa Barbara Blvd
Distance between this listing and this school3.19 miles
Public Magnet Grades 9-12
5
/10
Ida S. Baker High School
3500 Agualinda Blvd
Distance between this listing and this school3.62 miles
Public Magnet Grades 9-12
4
/10
Mariner High School
701 Chiquita Blvd N
Distance between this listing and this school7.26 miles
The neighbors living near this home have an average income of $81,019. The most common annual income of people living in Cape Coral, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 430 SW 47th Ter
What is the listing price of this property?
The listing price of 430 SW 47th Ter property is $1,500,000.
What type of property is this?
The property 430 SW 47th Ter is land located in Cape Coral, Florida, 33914.
Is this property for sale now?
Active Listing: 430 SW 47th Ter is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 430 SW 47th Ter are: Cape Elementary School: GreatSchools Rating 8/10Pelican Elementary School: GreatSchools Rating 7/10Gulf Elementary School: GreatSchools Rating 8/10Gulf Middle School: GreatSchools Rating 6/10Challenger Middle School: GreatSchools Rating 6/10Trafalgar Middle School: GreatSchools Rating 6/10Cape Coral High School: GreatSchools Rating 5/10Ida S. Baker High School: GreatSchools Rating 5/10Mariner High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,058 (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 6, 2010 for $99,100. (source: MLS/tax record).
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This home is located at 430 SW 47th Ter in Cape Coral, FL and zip code 33914 in the Caloosahatchee neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $1,500,000.
Over 50 listings were sold over their listed price in August 2024 in Cape Coral, FL. In the same period over 312 listings were sold below the listed price and 143 listings were sold for the listed price. The number of homes for sale in Cape Coral, FL increased by 3.8% between July 2024 and August 2024. The median list price of listings available in August 2024 was $391,302, while the average time on the real estate market was 70 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.
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