Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1964
Sq.Footage
1,063
Opportunities like this in Cape Coral’s true sailboat-access, Gulf-front boating corridor just south of Bimini Basin are exceptionally rare, especially when the property is priced at lot value, making the existing 2-bedroom, 1-bath, 1,063 sq ft home feel like a bonus asset rather than the primary value. This is a prime waterfront canvas offering multiple exit strategies: renovate and create instant equity, hold as a long-term waterfront rental or vacation home, or redevelop into a luxury new-construction spec surrounded by neighboring homes currently listed and selling in the $1.4M range on this very street and approaching $2M on the next street over. The location alone is what sophisticated buyers chase: deep-water, sailboat access with no bridges to the Gulf, quick open-water runs, and immediate proximity to dining, entertainment, marinas, and downtown Cape Coral via the Bimini Basin corridor. Whether you are a first-time buyer willing to add sweat equity, a seasoned investor looking for a high-upside waterfront play, or a builder seeking one of the last remaining affordable entry points into a premium boating neighborhood, this property offers built-in appreciation potential that is increasingly difficult to find in today’s market. Prime Gulf-access lots in this price range are disappearing fast, and when they’re gone, they’re gone. This is your chance to secure a premier waterfront position at an entry point that may not exist again in this location.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
2
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Dock
-
Parking
Paved, Attached
-
Pool
No
-
Waterfront YN
YES
-
View
Canal
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
0.23
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch, Single Family
Price
-
Sales Price
$425,000
-
Tax Amount
6496.06
-
Sq. Footage
1, 063
-
Price/SqFt
$399
HOA
-
Association
No
School District
-
Elementary School
SCHOOL CHOICE
-
Middle School
SCHOOL CHOICE
-
High School
SCHOOL CHOICE
Property Features
-
Stories
1
-
Association Amenities
None
-
Ownership
Single Family
-
Senior Community YN
NO
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Location
County
Lee
Elementary School
SCHOOL CHOICE
Middle School
SCHOOL CHOICE
High School
SCHOOL CHOICE
Listing Courtesy of George Oberdorster , Real Broker, LLC
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Agent | Realtor®
Julia McCabe
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