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About This Home
This land at 2120 NE 8th Place in Cape Coral, FL is listed for $98,900 (0.23 acres).
Prime Development Opportunity - Approved Duplex Lot with Up to 8 Units Potential Exceptional investment opportunity in a rapidly growing area. This lot is approved for duplex construction, with the potential to develop up to 8 residential units, making it an ideal project for investors seeking strong rental income and long-term appreciation.
Municipal sewer infrastructure improvements are scheduled to begin this year, adding significant value and future marketability to the property. The sewer, water and irrigation assessments have already been applied to the current tax bill, providing full transparency and allowing investors to accurately project holding and development costs.
This property offers excellent potential for multi-unit income generation in a market with increasing demand for residential housing. Whether you are planning to build and hold for cash flow or develop for resale, this lot represents a strategic addition to any real estate portfolio. Serious inquiries only. Detailed information available upon request.
Key Features
- 0.23 acre lot
Location
2120 NE 8th Place
Cape Coral, FL 33909
CAPE CORAL
Questions & Answers
This 0-bedroom, 0-bathroom land at 2120 NE 8th Place is listed at $98,900. The estimated monthly payment is $429 based on 20% down at 6.5% interest.
Key features include: 0.23 acre lot.
This property is listed by Miriam Ruiz and can be reached at 2392924018 or miriam@mirimarproperties.com.
