255 Santa Barbara BlvdCape Coral, FL 33993

This exceptional 4.5-acre parcel in Cape Coral, Florida, presents a remarkable investment opportunity. Located at 255 Santa Barbara Blvd N, zip code 33993, this Lee County property is ideally situated for immediate development. Pre-existing architectural plans are available for a 250-unit apartment or condo complex, streamlining the approval process. The property's strategic location offers easy access to Interstate 75, facilitating convenient north-south travel throughout the state. The surrounding area boasts a vibrant culinary scene, with diverse restaurants ranging from American and Italian to Mexican and seafood, plus upscale steakhouses. Local amenities are abundant, including Publix, Walmart, and Target, ensuring convenience for residents. Cape Coral's thriving community also features attractions such as the Marker 92 waterfront bar and bistro, and the Lobster Lady Seafood Market & Bistro. This versatile property is zoned for commercial use, making it suitable for a variety of development projects beyond residential, including but not limited to apartment complexes and condo communities. Furthermore, recent legislative additions to the Live Local Act offer potential support for new investors and developers undertaking projects on this land. This is a rare chance to capitalize on a prime location and existing infrastructure in a rapidly growing Florida market. The asking price is $3,500,000.