Active

525-531 Chiquita BLVD S

CAPE CORAL FL, 33991

$1,225,000


Active

Commercial

Seller Financing available with 500K down, 9% interest only and balloon in 3-5 Years.

Don't miss this opportunity located Northeast of Pine Island Road (SR 78) and Chiquita Parkway. The property is zoned Commercial Corridor (CC) with multiple uses allowed. Future land use is Pine Island Road District.

The Property Owners have worked with Avalon Engineering for shovel ready plans for two Flex Warehouse buildings on 1.95 acres. Building A features 11,976 sq ft building with 8 rentable units and Building B features 10,487 sq ft building with 7 rentable units. 4 Units are 1521 sq ft and the remaining 11 units are 1489 sq ft.
Pine Island Road is the city's northernmost relevant east/west arterial. With over 3500 multifamily units approved along the corridor and multiple large scale commercial developments under construction this location is ideal for anyone looking to develop.

224036067

MLS ID

April 25, 2024

Listed

September 13, 2024

Updated

Map

525-531 Chiquita BLVD S
CAPE CORAL FL, 33991

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

See Remarks


Heating

No

Exterior/Building Features

Lot Size

1.95 Acres


Lot Features

Multiple lots, Oversized Lot


Sewer

Public Sewer

Other Property Details

Area Name

CC41 - Cape Coral Unit 37-43,48,49


Taxes

$17,290


Tax Frequency

Annually


Days on Market

119


Association Amenities

None


Garage

No


View

Yes


View Description

Canal


County

Lee


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

8/12/2024

Price change

$1,225,000

-2%

6/12/2024

Price change

$1,250,000

-6%

5/29/2024

Price change

$1,325,000

-12%

5/15/2024

Price change

$1,499,000

-1%

Listed by Jacklyn Rogers, RE/MAX Trend

Listing Contact: 239-292-2705 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Vickie L. Townes, PA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:13 PM UTC, 9/13/2024

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