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2099 Diplomat Parkway E
Cape Coral, FL 33909
Land For Sale
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2.58 AC


INVESTMENT HIGHLIGHTS
- Zoned for commercial use, on a main roadway with easy access to all of Cape Coral, US 41, and I-75.
- Close proximity to the VA Clinic.
EXECUTIVE SUMMARY
The property borders on an undeveloped City owned parking parcel along the north side of Diplomat Pkwy, east of Del Prado Blvd. While it is not a well know fact, the City is open to the development of this 17 acre property. In March and April I've had the pleasure of meeting with the City of Cape Coral Property Broker, the City Housing Coordinator, as well as the Planning Team Coordinator. All seem to be in support of the development of this property, especially with the idea of "Workforce Housing." For questions related to any Utilities Extension Project, please call 1-833-227-3837 (833-CAPE-UEP).
Property is located within a half mile of the VA clinic, the US Army Reserve Training Center, as well as the upcoming Victory Park, development, by Blue Waters Development Group, LLC. https://bluewatersdg.com/properties/victory-park/
A recent press release:
Cape Coral City Council unanimously approved Aug. 16 the Victory Park Community Development District. The site is about 137 acres bounded by Northeast 24th Avenue and Corbett Road. The proposed development includes a 125-room hotel, 308 garden–style apartments, 112 townhouses and 228,000 square feet of post-secondary education. On top of that, 568,040 square feet of commercial/office use, 25,800 square feet of retail and 264,000 square feet of light industrial is part of the proposed development. The proposed infrastructure improvements for the district are estimated to cost $37 million and will likely be funded through the district’s issuance of long-term bond debt.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 2.58 AC |
| Zoning | C-1 - Commercial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.58 AC |
| Zoning | C-1 - Commercial |
1 LOT AVAILABLE
Lot 1-24+
| Price | $657,577 CAD | Lot Size | 2.58 AC |
| Price Per AC | $254,613.87 CAD |
| Price | $657,577 CAD |
| Price Per AC | $254,613.87 CAD |
| Lot Size | 2.58 AC |
This is an assembly of lots that include Lots 1-24 of Block 2216 and Lots 33 - 37 of Block 2215. Many additional lots are available. Contact listing agent for further details.
DESCRIPTION
The address showing is the address of only one of the listed properties and is used for MLS purposes only. There are a total of 29 lots involved in this listing. A total of approximately 112,500 Sq. Ft. Please open the spreadsheet that is in the uploaded documents to view all the properties involved. Some have actual street addresses while the majority show as "access undetermined" See also the uploaded plat. The sellers do not wish to split this property up in any way. Seller is motivated!!! This property is located adjacent to a city owned 17 acre parcel that is known to most as "City Parking." This property has the potential to be developed as a workforce housing / multi-family site. Please refer to the Florida Senate Bill 102 "Live Local Act." To view the North 1 UEP map please cut and paste the following into your browser: https://cms4files.revize.com/capecoralfl/UEP/North%201/UEP-N1-Contracts%20Updated%2011-30-2022.pdf.
PROPERTY TAXES
| Parcel Number | 32-43-24-C3-02216.0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $15,374 CAD |
