For Sale
$97,000

4802 Marine DrCape Coral, FL 33904

0.23-acre lot, owner financing available.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 0.23-acre commercial land parcel, located at 4802 Marine Dr, Cape Coral, FL 33904, presents a remarkable investment opportunity in Lee County. Zoned MXB/SC, this cleared lot offers diverse development potential, including mixed-use buildings, multi-family residences, single-family homes, parking lots, restaurants, hotels/motels, daycare centers, pharmacies, offices, retail spaces, and community centers. The property boasts convenient road access, readily available utilities (sewer, water, and power), and is situated in a high-traffic area with an Average Daily Traffic count of 52,500. While located in a flood zone, the absence of wetlands simplifies development. The parcel ID is 13-45-23-C1-00090.0390. The asking price is $97,000, representing a down payment for owner financing. The owner will finance the remaining $128,000 balance over 30 years at a 2.5% interest rate, with a 7-year balloon payment. Monthly payments are $505.8, and there is no prepayment penalty. This flexible financing option makes this prime commercial land highly accessible. Seize this chance to build your dream project in a thriving Cape Coral location.

Highlights

  • 0.23-acre commercial lot in Cape Coral, FL, zoned MXB/SC.
  • Cleared lot with available sewer, water, and power; high traffic area (AADT 52,500).
  • Located in a flood zone, but no wetlands.
  • Owner financing available: $225,000 purchase price, $97,000 down payment, $128,000 seller financing at 2.5% interest over 30 years with a 7-year balloon payment and no prepayment penalty. Monthly payment: $505.8.

Property Details for 4802 Marine Dr

Property type
Land
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.562548
Longitude
-81.968057
4802 Marine Dr, Cape Coral, Florida

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4802 Marine Dr
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