Although the builder was planning to put in an elevator - can you imagine the cost over runs.  

Sounds like the county shut down construction due to elevation or possibly FEMA issues.

However, these factors have been masked by elevated sales volume in 23Q1, which was largely driven by sales of properties within city limits as a hefty transfer tax was imposed at the start of April for properties within the city of Los Angeles.

In the current environment, many tenants expect elevated concessions and more tenant improvement dollars than obtained before 2020.

Even with the hot market and elevated prices, they are still getting 10%+ returns.

Given the current state of the business cycle with rates elevated, potential economic turmoil ahead, and a whole lot of uncertainty for the economy as a whole, Its easy to second guess entering the market right now.

Understand the base flood elevation and what in means in your area of interest.

A quick google shows the average elevation of Cape Coral is about 3ft above sea level.

Including installing an elevator?

Type of foundation and elevation to ground level.5.