$249,900
Waterfront Home for Sale in Shorehaven Estates
2044 Ottersrest Lane, Cape Coral, FL, 33990
About this home
BUILD YOUR WATERFRONT DREAM HOME & START LIVING THE SOUTHWEST FLORIDA LIFESTYLE! This exceptional DIRECT SAILBOAT-ACCESS LOT offers a prime opportunity to build in one of Cape Coral’s desirable waterfront locations. Enjoy NO BRIDGES and NO LOCKS between you and the open water, with the Caloosahatchee River just minutes away—perfect for boating enthusiasts who want quick, easy access to some of Southwest Florida’s best boating, fishing, and waterfront destinations. The lot’s highly sought-after SOUTHERN REAR EXPOSURE provides abundant Florida sunshine throughout the day and is ideal for designing a spectacular outdoor living space with a pool, spa, and waterfront lanai. Surrounded by newer homes, this property offers an attractive setting for your future custom residence. Even better, UNDERGROUND UTILITIES are already in place and ALL ASSESSMENTS ARE PAID, adding significant value and convenience as you plan your build. Location completes the package! Enjoy nearby Four Mile Cove Ecological Preserve, along with convenient access to shopping, dining, and entertainment—whether traveling by car or by boat. The Midpoint Bridge is also close by, providing easy access to Fort Myers, Southwest Florida International Airport, and everything the surrounding area has to offer. Bring your builder, bring your boat, and create the waterfront home you’ve been dreaming about—this is Cape Coral living at its best!
Property details
- Type
- Residential
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 9,583.2 sqft
- Acreage
- 0.22 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,499/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Not specified
- 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.
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Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Waterfront
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.