$225,000

Prime residential lot opportunity in Cape Coral, Lee County, located at 2014 Everest Pkwy. Situated in a desirable residential area, this property offers convenient access to ALDI (0.67 miles), Horton Park & Boat Ramp (1.13 miles), and Del Prado Mall (1.52 miles). The lot is located in Flood Zone AE, a high-risk area within the 100-year floodplain. This requires the lowest floor of any structure to be elevated at or above the base flood elevation (BFE), which may significantly increase foundation and construction costs. Mandatory flood insurance is required if the property is financed with a mortgage, along with potential requirements for flood vents, breakaway walls, engineered designs, and strict elevation certificates that may delay timelines and add engineering fees. With no wetlands present, there are no additional environmental buffers, permitting hurdles, or mitigation requirements, allowing for full lot utilization. Zoned R1 Single Family Residential District, the property supports low-density residential use, including single-family detached homes by right. Modular/manufactured homes are allowed if meeting local building codes (not mobile homes). ADUs/guest houses are generally not permitted without a variance. Duplexes, townhomes, multifamily development, and mobile home parks are prohibited. No density for multifamily; recent state laws (Live Local Act) may allow overrides in certain cases but unlikely in R1. 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.