Land > Commercial Land
Active
07/02/2024
List Price
$1,450,000
430 47th Ter
Cape Coral, FL 33914
- -Bed
- -Bath
- -Living Area
- 0.7acLot Size
- -Pool
- -Car
- -Year Built
- 109DOM
- 5Permits
430 47th Ter, Cape Coral, FL 33914 is a commercial land land of 0.688 acres with 5 construction permits. This commercial land is currently on the market for $1,450,000, and it was last sold in 2010 for $99,100.
MLS Description
The listing agent's description. Original Listing
With approved plans for mixed-use workforce housing and commercial space, this entitled land presents a prime investment opportunity in CP zoning, allowing flexibility for a wide range of uses (confirm with zoning). The development includes 39 workforce housing units and 8,300 square feet of commercial space, blending residential and commercial possibilities and creating the ideal live-work scenario. This property is ideal for developers or entrepreneurs looking to capitalize on the growing demand for affordable housing and commercial opportunities in the area.
The 39 workforce housing units are designed with modern, efficient layouts to meet the needs of the local workforce. The 8,300 sq. ft. of commercial space is positioned to accommodate various business uses under CP zoning, providing flexibility and income potential through long-term leases.
Located in the bustling South Cape Coral area, this parcel offers convenient access to public transportation, major highways, schools, parks, restaurants, and healthcare facilities. Its strategic location ensures residents a high quality of life and access to local amenities.
This investment offers strong potential due to the high demand for workforce housing, ensuring a stable rental market. The commercial space provides opportunities for long-term leases and additional revenue streams. Investing in this property also contributes to the local community by providing much-needed affordable housing and supporting local businesses. The growth potential is significant, with property values expected to rise as the area develops.
Please note that this deed-restricted property under the Live Local Bill requires 40% of the units to be rented to individuals earning less than 120% of the Area Median Income (AMI). As of April 2024, the AMI in Cape Coral is $88,800.
Seller financing is available.
Listing Agents
The listing agent for 430 47th Ter is Kyle Doyon.
KD
Kyle Doyon
Coast Life Properties LLC
License: 487512970
Phone: (616) 638-9795
Permits
430 47th Ter has 5 permit records.
Permit History
5
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2022$2,146.73From latest Total Assessed Value1.79%Total Assessed Value$120,000=Land+
Assessed Value$120,000Additions
Assessed Value$0
In 2022, taxes billed for 430 47th Ter were $2,146.73, which is 1.79% from latest Total Assessed Value of $120,000.
Property History
430 47th Ter has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 430 47th Ter
Hazard Risks
Hurricane533Weather377Tornado272Nat'l Avg100Carb Mono90Particulates89Air Pollution83Ozone80Lead46Earthquake17Wind14Hail13
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 430 47th Ter.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
430 47th Ter has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
54°F
High
75°F
Summer
Average
Low
73°F
High
90°F
In the winter at 430 47th Ter, temperatures range from 53.56°F to 74.92°F with an average of 64.24°F. In the summer, the temperature ranges from 72.92°F to 90.29°F with and average of 81.61°F.
School Information
Public/private schools serving 430 47th Ter
Public Schools
Caloosa Elementary School
Grades: PK-5
6.11 mi
A-
Caloosa Middle School
Grades: 6-8
6.02 mi
D
North Fort Myers Academy
Grades: PK-8
11.79 mi
C
Hancock Creek Elementary School
Grades: PK-5
7.89 mi
C
Mariner High School
Grades: 9-12
7.13 mi
D+
Skyline Elementary School
Grades: PK-5
3.69 mi
C+
Trafalgar Middle School
Grades: 6-8
4.48 mi
B-
Diplomat Elementary School
Grades: PK-5
8.62 mi
A-
Diplomat Middle School
Grades: 6-8
8.59 mi
C
Hector Cafferata Elementary School
Grades: PK-5
6.45 mi
C
Ida S. Baker High School
Grades: 9-12
2.60 mi
C-
Mariner Middle School
Grades: 6-8
6.85 mi
D
Trafalgar Elementary School
Grades: PK-5
4.26 mi
B
Challenger Middle School
Grades: 6-8
4.03 mi
B
Patriot Elementary School
Grades: PK-5
3.93 mi
B
Island Coast High School
Grades: 9-12
11.80 mi
D-
Gulf Middle School
Grades: 6-8
2.34 mi
B-
Pelican Elementary School
Grades: PK-5
1.57 mi
B
Cape Coral High School
Grades: 9-12
3.18 mi
C+
Gulf Elementary School
Grades: PK-5
2.52 mi
A-
Tropic Isles Elementary School
Grades: PK-5
8.16 mi
B-
North Fort Myers High School
Grades: 9-12
8.11 mi
B
J. Colin English Elementary School
Grades: PK-5
10.15 mi
C
Cape Elementary School
Grades: PK-5
2.24 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 430 47th Ter have ratings undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 33914.
Seasonal Housing units 33914
68%of housing is for seasonal rent.
Daytime Population for 33914
-19%of people during work hours.
Boundary map of 33914.
Crime Index for 33914
61
61
The crime index in 33914 is 61, which is 0.6 times lower than national average.
Market Trends
Historical market data near 430 47th Ter over selected time period.
Nearby Properties on 47th Ter
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- 2844 Sw 47th Ter, Cape Coral, FL 33914 is a 2,083 square foot, 4 bedroom, 2 bathroom, 0.25 acre property. It was built in 1999 and has an estimate of $723,022 with a price per ft² of $347.
- 2837 Sw 47th Ter, Cape Coral, FL 33914 is a 2,246 square foot, 3 bedroom, 3 bathroom, 0.28 acre property. It was built in 2003 and has an estimate of $1,618,870 with a price per ft² of $721.
- 2836 Sw 47th Ter, Cape Coral, FL 33914 is a 1,826 square foot, 3 bedroom, 2 bathroom, 0.25 acre property. It was built in 1995 and has an estimate of $629,410 with a price per ft² of $345.
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- 2814 Sw 47th Ter, Cape Coral, FL 33914 is a 2,207 square foot, 3 bedroom, 2 bathroom, 0.25 acre property. It was built in 2003 and has an estimate of $754,970 with a price per ft² of $342.
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- 159 Sw 47th Ter #Apt 103, Cape Coral, FL 33914 (Lake Louise) is a 1,150 square foot, 2 bedroom, 2 bathroom, 0.23 acre property. It was built in 1987 and has an estimate of $308,708 with a price per ft² of $268.
- 159 Sw 47th Ter #Apt 104, Cape Coral, FL 33914 (Lake Louise) is a 1,150 square foot, 2 bedroom, 2 bathroom, 0.23 acre property. It was built in 1987 and has an estimate of $307,791 with a price per ft² of $268.
- 1810 Sw 47th Ter, Cape Coral, FL 33914 is a 2,080 square foot, 4 bedroom, 2 bathroom, 0.23 acre property. It was built in 2005 and has an estimate of $510,879 with a price per ft² of $246.
- 1136 Sw 47th Ter, Cape Coral, FL 33914 is a 0.34 acre property.
- 838 Sw 47th Ter #Apt B202, Cape Coral, FL 33914 is a 1,025 square foot, 2 bedroom, 2 bathroom, 0.09 acre property. It was built in 2004 and has an estimate of $240,000 with a price per ft² of $234.
- 838 Sw 47th Ter #Apt B201, Cape Coral, FL 33914 is a 1,025 square foot, 2 bedroom, 2 bathroom, 0.09 acre property. It was built in 2004 and has an estimate of $257,704 with a price per ft² of $251.
- 838 Sw 47th Ter #Apt B102, Cape Coral, FL 33914 is a 1,025 square foot, 2 bedroom, 2 bathroom, 0.09 acre property. It was built in 2004 and has an estimate of $248,849 with a price per ft² of $243.
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- 159 Sw 47th Ter #Apt 107, Cape Coral, FL 33914 (Lake Louise) is a 1,187 square foot, 2 bedroom, 2 bathroom, 0.23 acre property. It was built in 1987 and has an estimate of $311,931 with a price per ft² of $263.
- 822 Sw 47th Ter #Apt 210, Cape Coral, FL 33914 (Malabar Arms) is a 957 square foot, 2 bedroom, 2 bathroom, 0.28 acre property. It was built in 1985 and has an estimate of $228,130 with a price per ft² of $238.
- 829 Sw 47th Ter #Apt 206, Cape Coral, FL 33914 (Baruna Bay Condominiums) is a 1,046 square foot, 2 bedroom, 2 bathroom, 0.16 acre property. It was built in 1987 and has an estimate of $303,558 with a price per ft² of $290.
- 812 Sw 47th Ter #Apt 207, Cape Coral, FL 33914 (Malabar Arms) is a 957 square foot, 2 bedroom, 2 bathroom, 0.19 acre property. It was built in 1985 and has an estimate of $228,130 with a price per ft² of $238.
- 838 Sw 47th Ter #Apt A201, Cape Coral, FL 33914 is a 1,025 square foot, 2 bedroom, 2 bathroom, 0.09 acre property. It was built in 2004 and has an estimate of $257,704 with a price per ft² of $251.
- 917 Sw 47th Ter #Apt 205, Cape Coral, FL 33914 (Palm Breeze Ii Condominiums) is a 1,336 square foot, 3 bedroom, 2 bathroom, 0.08 acre property. It was built in 2004 and has an estimate of $431,565 with a price per ft² of $323.
- 841 Sw 47th Ter #Apt 101, Cape Coral, FL 33914 (Palm Breeze) is a 1,004 square foot, 2 bedroom, 2 bathroom, 0.08 acre property. It was built in 2003 and has an estimate of $304,699 with a price per ft² of $303.
- 521 Sw 47th Ter #Apt 205, Cape Coral, FL 33914 (Ballynahinch) is a 948 square foot, 2 bedroom, 2 bathroom, 0.14 acre property. It was built in 1986 and has an estimate of $291,632 with a price per ft² of $308.
- 2012 Sw 47th Ter, Cape Coral, FL 33914 is a 1,211 square foot, 3 bedroom, 2 bathroom, 0.24 acre property. It was built in 1998 and has an estimate of $368,231 with a price per ft² of $304.
- 2201 Sw 47th Ter, Cape Coral, FL 33914 is a 1,817 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 1993 and has an estimate of $579,000 with a price per ft² of $319.
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