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Rare opportunity with seller financing available in one of Cape Coral’s most desirable waterfront locations. This direct sailboat-access property features southern exposure, no bridges, and quick access to open water. Positioned just steps from Cape Harbour and surrounded by luxury waterfront communities, it’s ideal for boaters, investors, or anyone planning a future custom home.The existing 3-bedroom, 2-bath home was impacted by Hurricane Ian but has been professionally remediated, providing a clean slate for renovation. The home will need new drywall throughout, but major systems remain functional, allowing for a variety of paths forward. Buyers can redrywall and install a new appliance package to live in or rent, renovate for long- or short-term rental income, or clear the lot and build new. I have partnered with Windward Construction, a premier local builder, to showcase new-build possibilities for this lot, though there is no obligation to use them.Boaters will appreciate the deep-water canal, wide turning basin, and two boat lifts (13,000 lb with 32 slip and 10,000 lb with 19 slip). The property also includes a spacious screened pool area, mature landscaping, and intersecting canal views.Recent updates include a new roof installed in 2022 with premium shingles, a newer pool pump, hot water heater, dock improvements, and updated irrigation valves. The location places you minutes from Cape Harbour, Tarpon Point, marinas, waterfront restaurants, live music, boutique shops, golf, and new developments such as Bimini Square and The Cove.Whether you choose to renovate, generate income, or build a custom waterfront home, this property offers exceptional location, flexibility, and long-term potential in one of Cape Coral’s premier boating neighborhoods.
Property Details
Price: $899,000
Sq Ft: 1,741
($516 per sqft)
Bedrooms: 3
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Single Family
Development: Cape Coral
Acres: 0.23
Virtual Tour/Floorplan:
View
Year Built: 1980
Listing Number: 2025014090
Status Code: A-Active
Taxes: $7,181.41
Tax Year: 2024
Garage:
2.00
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Total Recurring Fees: $0
Interior Features:
Built In Features
Bathtub
Closet Cabinetry
Eat In Kitchen
High Ceilings
Jetted Tub
Separate Shower
Walk In Closets
Split Bedrooms
Amenities:
None
Financial Information:
Taxes: $7,181.41
Tax Year: 2024
Exterior Features:
Sprinkler Irrigation
None
Patio
Water Feature
Equipment:
Dishwasher
Electric Cooktop
Microwave
View:
Y
Waterfront Description:
Canal Access
Navigable Water
Seawall
Additional Information:
Building Description: Ranch, One Story
MLS Area: Cc21 - Cape Coral Unit 3, 30, 44, 6
Total Square Footage: 2,182
Total Floors: 1
Water: Public
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2025-10-09 14:20:42
Pool: Y
Pool Description: In Ground
Furnished: Unfurnished
Windows: Double Hung
Parking: Attached, Garage, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Electric
Storm Protection: None
Security: Smoke Detectors
Laundry: Washer Hookup, Dryer Hooku
Irrigation: Reclaimed Water
Pets: Yes
Restrictions: No Restrictions
Sewer: Public Sewer
Lot Desc.: Rectangular Lot, Sprinklers Automatic
Amenities: None
Map of 1504 El Dorado Pkwy W, Cape Coral, FL 33914
Listing Courtesy Of: John R. Wood Properties
trompel@johnrwood.com