$399,000

About this home

This one-of-a-kind Cape Coral compound offers an exceptionally rare blend of modern living, proven rental income, and flexible multi-generational design—all wrapped into a fully renovated property unlike anything else on the market. The main residence features 3 bedrooms, 1 full bath, and a spacious recreation/flex room, with two additional independent living spaces designed to accommodate a wide range of lifestyle and investment needs. Inside, light-filled interiors unfold in a soft contemporary palette, while ceramic tile flooring laid in a striking herringbone pattern carries throughout the home. The beautifully renovated kitchen features quartz countertops, a dramatic full-height quartz backsplash, under-cabinet lighting, abundant cabinetry, stainless appliances, and a breakfast bar. A spacious recreation room with a dramatic brick-clad wood-burning fireplace creates incredible flexibility and could easily function as a theater space, fitness area, game room, or oversized secondary living room. What truly sets this property apart, however, are the two additional independent living spaces designed to accommodate today’s evolving lifestyle needs. Connected to the main home through a lockout-style double-door system reminiscent of luxury hotel suites, the fully air-conditioned mother-in-law suite features a kitchenette, sitting area, dining area, large closet, stackable washer and dryer, and a beautifully finished bath with walk-in shower. The detached, fully air-conditioned two-car garage has been transformed into a beautifully finished flex environment with tiled walls and floors throughout. The expansive open interior ideal for use as a workshop, gym, studio, creative workspace, home business headquarters, entertainment pavilion, or additional income-producing opportunity. With its detached configuration and separate access, the structure offers a level of independence rarely found in residential properties. Extensive renovations and system updates provide added peace of mind, including a newer shingle roof, partial impact-rated windows, impact rated doors, updated HVAC, updated plumbing and electrical, new septic system, whole-house reverse osmosis system, new well equipment, and extensive interior improvements throughout. Situated in sunny Cape Coral with relaxed 7-day minimum rental restrictions, this property presents an extraordinary opportunity for buyers seeking a primary residence with income potential, a live/work compound, multigenerational flexibility, or a uniquely adaptable investment property where the possibilities are nearly endless.

Property details

Type

SingleFamilyResidence

Year built

1961

Interior

2,016 sqft

Lot size

10,105.92 sqft

Acreage

0.23 acres

Garage

2 car

Days on market

72

Total association fees

None

CDD

None

Est. taxes (1.4%)

$5,586/yr

Flood zone (area est.)

No · Low risk (X)

Storm protection

Impact Windows/Doors

Exposure

East

Waterfront

No

Gulf access

No

Gulf access type

N/A

Pool

No

Spa

No

Natural gas

No

Water

Well

Sewer

Septic Tank

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.

Price & status history

Down $51,000 (11.3%) from the original list price.

The good, the trade-offs & the location

Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.