
Sold May 8, 2026
$795,000Create an exceptional and truly rare waterfront investment opportunity on this direct Gulf access homesite overlooking Cape Coral’s highly desirable Bikini Basin. Zoned for multi family development, this property represents a limited and increasingly hard to find opportunity to build a duplex or larger income producing waterfront project in one of the city’s most coveted boating corridors. Featuring 80 feet of newly constructed seawall, the lot offers wide, uninterrupted basin views, deep water, and fast, direct access to the river. Purpose built for the boating lifestyle and future tenants, the property includes true sailboat access along with three private wet slips, each fully outfitted with 240V 50 amp shore power service and water hookups, an extremely uncommon amenity package that significantly elevates both functionality and long term value. Ideally located just off the Cape Coral Bridge, the property provides convenient access to Fort Myers while maintaining a quiet, private waterfront setting. Just across the bridge, the newly opened Slipaway Food Truck Park and Marina adds a vibrant and walkable waterfront destination with dining, live music, and a lively social atmosphere just minutes away. You are also only a short 10 minute bike ride from the Cape Coral Yacht Club and beach, currently undergoing a transformative 100 million dollar redevelopment. The lot is cleared and ready for construction, offering a truly rare, near irreplaceable opportunity for immediate development in one of Cape Coral’s premier waterfront settings.
Listing last checked: Listing updated:
Listed by Brian Gannon, Peter Rose · Premiere Plus Realty Company · MLS #226015058
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Explore costs at the $748,000 asking price. Adjust the assumptions to your situation.
Listing annual taxes: $10,349. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
$599,000 · Sold $558,000 · Jul 2, 2024
$640,000 · Sold $558,000 · Nov 29, 2022

Sold May 8, 2026
$795,000
Sold May 8, 2026
$820,000
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$800,000Continue your search in Cape Coral.
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