1510 SE 47th Ter, Cape Coral, FL, 33904

1510 SE 47th Ter Cape Coral, FL 33904

Cape Coral
FOR SALE
Property Type:
Other Hospitality
Amount:
$5,000,000
Last Verified:
Apr 18, 2024

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Description

Extraordinary Downtown Cape Coral Redevelopment Opportunity
Zoning - Downtown Mixed
Building Height - up to 10 Stories

Prime Location for Redevelopment Downtown Cape Coral just West of Del Prado on SE 47th Terrace


Year Built: 1964
Building Size: 3739sq ft
Lot Size: 1.01 acres

Map of 1510 SE 47th Ter, Cape Coral, FL, 33904

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.