Ready for Development lot in Cape Coral

Prime residential lot opportunity in Cape Coral, Lee County. Situated in a desirable residential area, this property offers convenient access to Burnt Store Road North (approximately 0.55 miles), 7-Eleven (1.76 miles) and Future Park site (1.22 miles). The lot is located in Flood Zone AE, a high-risk area with a 1/100 annual chance of flooding (base flood elevation applies). Building requirements typically include elevating the lowest floor above the base flood elevation (BFE), using flood-resistant materials, installing flood vents, and obtaining an elevation certificate. This can significantly increase construction costs (e.g., pilings or fill dirt) and mandates flood insurance for any financed builds. No wetlands are present near the site, so there are no additional restrictions, permitting hurdles, or environmental protections affecting buildability from wetlands regulations. Zoned R1 Single-Family Residential District, the property supports low-density residential use, including single-family detached homes by right. Modular/manufactured homes (typically allowed if meeting building codes) and Accessory Dwelling Units (ADUs) may be allowed subject to applicable building codes, conditions, and approvals. Mobile homes are generally prohibited. Duplexes, townhomes, multifamily development are generally prohibited without rezoning. Density is usually 1 unit for each lot. No commercial uses allowed. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the City of Cape Coral Planning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.