SoldMLS# 223069060
1 / 9$135,000
$150,000 list price
618 Nicholas PKWY W
location_onCAPE CORAL, FL 33991 · Lee County
About This Property
Are you looking at build a four-unit development on a three-lot site, with southwest exposure? This property is incredibly priced. This property is zoned RML which does permit multi-family development. The maximum allowable density for multi-family development in the RML district is 16 units per Acre. This property is +/- 0.34 acres for an allowable unit density of 5 units. Minimum of 120"-0" property width at the building setback, which appears this property is close to having. You will need to have sufficient space for building setbacks, parking & landscaping. The maximum number of allowable units, per the LDC is 5 units.
infoProperty Details
- Property Type
- Residential Lot
- Lot Size
- 0.34 acres
- Days on Market
- 11
- Cumulative DOM
- 27
- List Date
- Sep 21, 2023
- Sold Date
- Oct 18, 2023
- Annual Taxes
- $3K (2022)
- HOA Fee
- $0
yardExterior & Lot
Waterfront
None
View
None/Other
Mortgage calculator
$30,000 down
Loan amount $120,000
Estimated monthly principal & interest
$758
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Listed By
Sellstate Priority Realty
239-574-8888