$750,000

About This Property

REDUCED! A truly extraordinary waterfront two-unit property in the desirable Beach Pkwy corridor, just down the street from the soon-to-be reimagined Jaycee Park. Set on a massive 200-foot-wide intersecting canal, it delivers sweeping, panoramic water views that feel more like a basin than canal—one of the widest and most impressive waterways in Cape Coral, with direct and unobstructed sailboat access. This multi-unit property offers a rare blend of luxury lifestyle and income potential. Live in the right-side residence and enjoy a showpiece outdoor living space with a dramatic vanishing-edge pool, waterfall spa, and expansive lanai designed for entertaining. Step beyond the pool to an oversized composite dock—far larger than typical—ideal for boating, fishing, sunset cocktails, and waterfront gatherings. With a 10,000-lb lift and canopy, your boat is always ready for a quick run to open water. And if you envision stepping up to a substantially larger vessel, this location easily accommodates it—this canal is regarded as some of the deepest water in Cape Coral, measuring approximately 25 feet deep directly behind the home, making it especially well-suited for larger yachts and serious boating enthusiasts. The 2-unit configuration creates exceptional flexibility and value too. Occupy one side and generate rental income from the other, reserve the second unit for family or guests, or operate the property purely as a high-end waterfront income asset—an extremely rare niche in Cape Coral. However you use it, this setup delivers both lifestyle and investment upside. Major recent improvements include a new high-end standing seam metal roof, all new pool equipment, a new composite dock and lift, and a brand-new A/C in the left unit. The pool is heated via both electric and solar (the best of both worlds!), it's also self-cleaning, and is certainly ready to be enjoyed year-round. Two additional rear storage rooms add space for tools, hobbies, and waterfront toys. Surrounded by seven-figure homes across this very wide canal and located just minutes to open water, the setting feels private, upscale, and distinctly coastal. Assumable flood insurance is an added bonus. Waterfront mutlifamily options with this caliber of dockage, outdoor living, and premium water views are exceptionally rare. If you’ve been waiting for something truly special, this is it—because it may be years before another comparable property hits the market. And investors: This is a great consideration for a 1031 exchange property. **Be sure to check out the virtual tour links for larger format photos, a detailed floorplan and also a video walk-through**