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