1504 El Dorado PKWY W, Cape Coral, FL 33914

• 3 beds |
• 2 baths |
• 1,741 sqft

Property Description

Seller is open to seller financing—a rare opportunity in one of Cape Coral’s most desirable waterfront communities. Premium direct sailboat access and a prime Cape Harbour location make this property a standout for boaters, investors, and custom home builders alike. Situated just minutes to open water with no bridges, this southern-exposure lot delivers an unbeatable waterfront lifestyle in one of the city’s most sought-after neighborhoods. The existing 3-bedroom, 2-bath home was impacted by Hurricane Ian but has already been professionally remediated, offering a clean slate for its next chapter. While new drywall is needed throughout, the major systems are in working condition, allowing for comfortable living during renovations or while designing a future build. Whether you plan to renovate and personalize, generate short-term rental income, or maximize the lot value with a new luxury home, the flexibility here is unmatched. Boating enthusiasts will love the deep-water canal, generous turning basin, and two boat lifts (13,000 lb with 32’ slip + 10,000 lb with 19’ slip), ideal for larger vessels and sailboats. A spacious screened pool area enjoys abundant natural light year-round, perfect for entertaining or soaking up the Florida sun. Mature landscaping and intersecting canal views create a stunning backdrop for a true waterfront retreat. Recent updates include a new roof (2022) with top-grade shingles, newer pool pump, hot water heater, dock improvements, and updated irrigation valves. Surrounded by luxury waterfront communities like Cape Harbour, Tarpon Point, and The Hermitage, this address places you near some of the best dining and entertainment in Southwest Florida—including waterfront restaurants, live music, local shops, golf courses, and exciting new developments like Bimini Square and The Cove. Whether you’re envisioning a forever home with sweeping water views, an income-producing vacation rental, or a high-value new construction project, this property offers location, lifestyle, and endless potential. Opportunities like this—especially with seller financing—are rare. Don’t miss your chance to own a piece of Cape Coral’s premier waterfront.

Listing Status:

Active

Date Added:

October 9, 2025 at 05:00AM

Listing Office:

John R. Wood Properties : (239) 984-8177

MLS ID:

2025014090

Interior

• General: Smoke DetectorsVolume CeilingWalk-In Closet(s)Built-In CabinetsCloset Cabinets
• Appliances: Electric CooktopDishwasherMicrowave
• Dining: Eat-in Kitchen
• Laundry: Washer/Dryer HookupIn Garage
• Flooring: CarpetTile
• A/C: Central Electric
• Heating: Central Electric

Exterior

• General: Boat Dock PrivateBoat LiftCaptain's WalkComposite DockDock IncludedElec Avail at dockScreened Lanai/PorchJetted Tub
• Style: RanchSingle Family
• Pool: Below Ground
• Parking: AttachedParking spaces: 2

Construction

• Roofing: Shingle
• General: Concrete BlockStucco1Concrete Block

Location

• HOA Amenities: 0.0
• Originating MLS: Florida Gulf Coast
• County: Lee

Lot

• Zoning: R1-W15-45-23-C4-03445.0160
• View: CanalIntersecting CanalPool/ClubView
• Restrictions: None

Utilities

• Water: Central

Financial

• Source: Florida Gulf Coast

This listing courtesy of John R. Wood Properties