$550,000

About this home

Welcome to your slice of paradise in Southwest Florida. Nestled on one of the most beautiful royal palm tree-lined streets in Cape Coral, just off Pelican Blvd on the way to Tarpon Point, this beautifully maintained 2-bedroom, 2-bath Gulf access waterfront home on an oversized lot with straight views of the canal offers many ideas for add-ons and the ultimate Florida lifestyle. With no bridges or locks, you can be in open water in just 7 minutes — a true boater’s dream. This hurricane-surviving home has been lovingly cared for and thoughtfully upgraded throughout, making it move-in ready, investment-friendly, and packed with value. Enjoy peace of mind with major updates including: AC (2026), heated saltwater pool (2017), pool heater (2021), pool pump (2023), pool filter (2024), hurricane impact windows (2017), hurricane impact garage door (2018), refrigerator/dishwasher/washer (2024), hot water heater (2021), lanai pavers (2017), fencing (2019), and a 14,000 lb boat lift with a brand new black canopy never installed. Your days begin with a morning swim in the heated saltwater pool, followed by kayaking through scenic canals or fishing from your private dock. The expansive patio enjoys full sun all day, while the covered lanai creates the perfect setting for grilling, entertaining, and relaxing with friends and family. Spend your evenings cruising to waterfront restaurants by boat, watching unforgettable Southwest Florida sunsets, then return home to beautifully lit tropical landscaping, an evening swim, or football by the outdoor TV beside the fire pit. One of the standout features of this property is the exceptional outdoor space. The oversized side yard offers endless possibilities for horseshoe pits, outdoor games, additional entertaining areas, or even the opportunity to build an additional structure with approval. Very few homes in SWFL offer this amount of usable outdoor living space. For investors, this property has also been a successful short-term rental and is being offered furnished/turnkey. The location is unbeatable for boating enthusiasts and Florida adventurers alike. Spend your days exploring waterfront restaurants, Captiva Island, Sanibel Island, Naples, Lover’s Key, or anchoring near Fort Myers Beach for a fun day on the water. Nearby destinations include: Tarpon Point Marina – 5 minutes (can also access by boat) Cape Harbour Marina – 8 minutes (can also access by boat) Cape Coral Beach – 8 minutes Downtown Cape Coral (47th Terrace dining & entertainment district) – 8 minutes Fort Myers International Airport – 40 minutes Punta Gorda Airport – 40 minutes Fort Myers Beach - 30 minutes (can also access by boat) Whether you’re searching for a full-time residence, vacation home, income-producing property, or future dream-home site, this property offers incredible flexibility and opportunity. This is not a tear down but can be if you would like to build your dream home.

Property details

Type

SingleFamilyResidence

Year built

1964

Interior

1,273 sqft

Lot size

11,456.28 sqft

Acreage

0.26 acres

Garage

1 car

Days on market

86

Total association fees

None

CDD

None

Est. taxes (1.4%)

$7,700/yr

Flood zone (area est.)

Yes · High risk (AE)

Storm protection

Impact Windows/Doors

Exposure

North

Waterfront

Yes

Gulf access

No

Gulf access type

N/A

Pool

Yes

Spa

No

Natural gas

No

Water

Assessment Paid

Sewer

Assessment Paid

New construction

No

Pets

Yes

County

Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

The good, the trade-offs & the location

Nearby schools

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