About this home
Prime South Cape investment opportunity in a highly sought-after Downtown Cape location. This 2,100± SF commercial building sits on a 3,115± SF lot and is currently leased to a vape shop under a 5-year lease, offering immediate income for an investor. The property lies within the Downtown Mixed-Use Future Land Use District and the South Cape Zoning District, supporting long-term upside and redevelopment potential. Recent improvements include a new roof 2-2023, recently remodeled cost $160,000. Exceptional visibility along Cape Coral Parkway with strong exposure in one of the city’s most active commercial corridors. Portfolio/Assemblage Opportunity: This property can also be sold together with 817 & 819 Lafayette St (located behind the subject property) for an additional price, creating added flexibility for future expansion or redevelopment. Do not disturb tenant. Showings by appointment only.
Listing last checked: Listing updated:
Listed by Ellen Stinson, Annette Barbaccia · The Keyes Company · MLS #2025021113
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Details at a glance
Building2 property facts
- Style
- Office
- Year built
- 1965
Land & utilities1 property facts
- Lot size
- 0.072 acres
Financial3 property facts
- Annual taxes
- $2,899
- Assessment year
- 2024
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $899,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,787 / monthAdjust
- Principal & interest
- $4,546
- Property tax
- $242
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $2,899. 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
$600,000 · Sold $550,000 · Sep 2, 2008
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About 820 Cape Coral Parkway E
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