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About this home
1206 NE 15th Ln is a home in Cape Coral, Cape Coral. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
INVESTORS & DEVELOPERS - WATERFRONT MULTIFAMILY LAND IN NORTH 1 WEST! Rare opportunity to acquire a waterfront parcel with RML zoning and MF Future Land Use in Cape Coral. The combination of waterfront location and multifamily development potential makes this property an attractive addition to an investor or builder portfolio. Located in the North 1 West area, this parcel offers an opportunity to pursue a multifamily development concept, subject to City of Cape Coral zoning, density, setbacks, permitting, utilities, and applicable development regulations. No listed Eagle, Owl, or Tortoise Zone designation. Bring your development strategy and secure waterfront land in one of Cape Coral's expanding investment markets. Buyer/agent to conduct independent due diligence and verify all development criteria with the appropriate governmental agencies.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$84,300
Time on market
35 days
Monthly payment
About $878/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,747 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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