746 SW 8th Ter., Cape Coral, FL 33991

This "Marketplace Residential" property consists of five (5) lots assembled into one (1) parcel of 0.6797 AC+/- in size, located within Unit 63 of Cape Coral. Great location for a mixed use development at the corner of Skyline Blvd and SW 8th Ter. The property is zoned MR (Marketplace Residential) which permits professional, commercial, possible duplex and other mixed-uses. Future use for this property is deemed CAC (Commercial Activity Center). The purpose of this future land use classification is to promote non-residential and mixed use development at key locations, within close proximity to major corridors throughout the city of Cape Coral in areas where a mix of uses may be developed. Due diligence review of land, zoning, and environmental. This lot is located in flood zone "X", minimal flood hazard and outside of the special flood hazard area. City water, sewer and irrigation installed in this area. Buyer to assume balance of unpaid utility assessments and Capital Facility Expansion Charges(see confidential remarks).