432 Diplomat Parkway W
Cape Coral Fl 33993
$10,000
Lot is too small to build on without adding other nearby lots. Seller does own lot 430 Diplomat PKWY W also that is listed. Great for investors wanting to accumulate commercial property in a growing area. Lot is too small to build on without adding other nearby lots. Seller does own lot 432 Diplomat PKWY W also that is listed. Great for investors wanting to accumulate commercial property in a growing area. Prime Investment Opportunity at 432 Diplomat Pkwy W, Cape Coral, FL 33993. Seize this exceptional chance to acquire a strategically located parcel & its adjacent parcel, in the rapidly developing area of Cape Coral - the lot presents a unique investment prospect, especially when combined with the adjacent property at 430 Diplomat Pkwy W, also available for purchase. Key Features: strategic Location: Nestled in a burgeoning commercial district, this property offers significant potential for future development. Investment Potential: Ideal for investors aiming to consolidate parcels for larger-scale projects, enhancing the property's utility and value. Opportunity Under the Live Local Act:
The recently enacted Live Local Act in Florida is designed to boost affordable housing by allowing administrative approval of multi-family and mixed-use residential developments in commercial zones. This legislation provides investors with avenues to develop affordable housing projects, potentially benefiting from various incentives and streamlined processes. Considerations:Given the lot's current size constraints for standalone development, acquiring adjacent parcels, such as 430 Diplomat Pkwy W, is advisable to meet building requirements and fully capitalize on the property's potential. 432 Diplomat Pkwy W represents a promising investment for those looking to participate in Cape Coral's growth. By leveraging opportunities presented by the Live Local Act and considering parcel consolidation, investors can unlock substantial value in this property.
432 Diplomat Parkway W
Cape Coral Fl 33993
$10,000
- Lee County
- Date updated: 05/10/2025
Features
Lot Size: |
0.07 acres |
Lot #: |
14 |
Lot Description: |
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Pool: |
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Roof: |
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Property Type: |
Vacant Land |
Listing Courtesy Of:
James Hunter, Realty One Group MVP
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Properties marked with the FGCMLS are provided courtesy of
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Properties marked with the SANCAP are provided courtesy of
Sanibel & Captiva Islands Association of REALTORS®, Inc.