About this home
Great investment and unique opportunity!! This lot is located in the Heart of Cape Coral but is a part of Unincorprated Lee County when it comes to Taxes and building requirements - which is unique to find. This is a perfect spot to build your very own Mancave, Huge Garage with minimal living area or split the lot and build 2 Single Family Homes like some of the neighboring homes. Currently it is zoned for Mobile homes and/or Single Family Zoning. The Lot has been completely filled bringing the elevation up to over 9' ($65,000 worth of value). The current owner has plans done for a Mancave style property - Huge Garage, with some living areas that they would be happy to provide the buyer. This property is near the Fast Developing Pine Island Rd/Veterans and Burnt Store Rd Corner, and Matlacha, providing a high traffic count. The possibilities for this parcel are numerous. SELLER FINANCING AVAILABLE
Listing last checked: Listing updated:
Listed by Jacob Meyer · Clutch Realty · MLS #2026012837
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Details at a glance
Building1 property facts
- Style
- Residential
Land & utilities3 property facts
- Lot size
- 0.3955 acres
- Water
- Public
- Sewer
- None
Financial3 property facts
- Annual taxes
- $964
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $275,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,471 / monthAdjust
- Principal & interest
- $1,391
- Property tax
- $80
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $964. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$199,000 · Sold $165,000 · Dec 10, 2023
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About 11981 Scallop Drive
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Request a tour of 11981 Scallop Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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