High-Traffic Unique Waterfront Development Opportunity

3954 Pine Island Rd NW Matlacha, FL 33993

  • 1.29 Acres
  • Land Office Retail Hotel Multifamily-Apartment Commercial-Specialty Healthcare-Medical Residential
  • For Sale

Summary Description

This 1.29± AC site is located in Matlacha, a unique town in Southwest FL with an "Old Florida" vibe. This is an ideal site for a developer looking for prime exposure. The site offers 300' frontage on Pine Island Rd NW (FDOT 2016 Traffic Counts: 34,000 averaged daily) and 300' of direct water frontage on busy canal. Residents and visitors must pass this site when navigating to the Gulf of Mexico. A couple miles north of the site, you'll find the City of Cape Coral's Seven Island Development Project. This commercial and residential development has the potential to reach over 600+ multifamily and condominium units, as well as new commercial opportunities that will dramatically increase the traffic flow and the overall exposure for this site. Zoned C-2, some of the development opportunities include, but are not limited to, Retail, Office, Restaurant, Healthcare/Medical, ALF, Multifamily, and Storage. Future land use is Urban Community. 

If you're a developer or an investor looking for a valuable and unique opportunity, you've found it.

Property Status: Vacant

Price: $1,895,000.00

Lot Size: 1.29 Acres

Area Available: 1.29 Acres

Features:

  • 56,192± SF (1.29± AC)
  • Located in close proximately to the 50± AC Seven Island residential/commercial development in Northwest Cape Coral
  • 300' Frontage on Pine Island Rd & 300' Direct Water Frontage
  • Includes private boat dock and boat ramp
  • Lee County Municipality
  • Parcel IDs: 13-44-22-00-00001.0030 & 13-44-22-00-00001.0020
  • FDOT 2016 Average Daily Traffic Counts: 34,000 (Pine Island Rd NW)
  • Population: 47,898 (5-Mile Radius, 2017)

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