826 SW 37th Ter
Property Description
This ±0.50-acre development site comes equipped with fully approved plans for a 7-unit multifamily project, offering an immediate opportunity to move forward without the delays of starting the design and permitting process from scratch. The project, known as Pelican Apartments, features a two-story building totaling approximately 10,070 SF with a mix of two- and three-bedroom units. Zoned RML (Residential Multi-Family), the property is designed for multifamily development and includes architectural, civil, structural, and MEP plans with the sale—representing over $120,000 in completed work. The planned design incorporates modern elevations and functional unit layouts aligned with current city standards. Ideal for investors or builders seeking a turnkey multifamily development opportunity in Cape Coral, the ±0.50-acre site combines approved plans, defined unit count, and a clear path toward construction.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $399,000 |
| No. of Units: | 7 |
| Lot Size: | 0.50 Acres |
| Opportunity Zone: | No |
| Price per unit: | $57,000 |
| Property Website | Click Here |
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Josh A
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