1 / 2Cape Coral Gulf-Access Canal Home
Cape Coral, FL 33904
Exact street address shared with qualified buyers on request.
Asking price
$489,000
ARV
$685,000
Estimated repairs
$95,000
EMD / escrow
$20,000
Gulf-access canal home with pool, dock and seawall in SE Cape Coral. Needs kitchen, baths and pool cage.
Property facts
- Property type
- Single Family Home
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,974 sq ft
- Lot size
- 10,018 sq ft
- Year built
- 1986
- Occupancy
- Vacant
- Pool
- Yes
- Garage / carport
- Garage
- County
- Lee County
About this deal
Direct Gulf-access canal home in the desirable SE Cape Coral corridor, sitting on a 10,018 SF lot with 80 feet of seawall and an existing wood dock with davits. Interior needs a full cosmetic renovation — kitchen, both baths, flooring, paint — plus a new pool cage and screen enclosure and pool resurfacing. Roof and soffit were replaced post-Ian in 2023 with permits closed. Waterfront renovated product in this pocket has been trading between $665K and $720K, and inventory of true Gulf-access homes under $500K acquisition remains thin. Excellent fit for a fix-and-flip or a short-term-rental conversion given the boating access.
Investment highlights
- True Gulf access — no bridges
- 80 feet of seawall plus dock with davits
- Roof replaced 2023, permits closed
- Waterfront renovated comps $665K–$720K
- Strong short-term-rental conversion candidate
Terms & timeline
Transaction type
Target closing
Inspection period
Showing & access
Comparable sales
| Address | Price | Type | Date |
|---|---|---|---|
| 1729 SE 41st Street, Cape Coral FL 33904Renovated Gulf-access 3/2 with pool and new cage, 2,010 SF. | $705,000 | Sold | May 30, 2026 |
| 4023 SE 19th Place, Cape Coral FL 33904Gulf-access 3/2, updated kitchen only, 1,905 SF. | $668,000 | Sold | Mar 14, 2026 |
| 1910 SE 40th Terrace, Cape Coral FL 33904Active fully renovated waterfront 3/2 with dock. | $719,000 | Listed | — |
All information is deemed reliable but not guaranteed. Buyers are responsible for their own due diligence, inspections, and verification of all figures including ARV, repair estimates, square footage, and permitting. Properties are offered for assignment or resale and are not listed on the MLS unless expressly stated.