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$425,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 2 |
1.00 |
1,063 |
$6,496.06 |
1964 |
|
On the market:
11 days
|
View full details, photos, school info, and price history
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.
Listing courtesy of George Oberdorster, Real Broker, LLC