RARE WATERFRONT DUPLEX | DIRECT SAILBOAT ACCESS | 200' WIDE INTERSECTING CANAL | VANISHING-EDGE POOL | EXCEPTIONAL INCOME POTENTIAL! A waterfront opportunity that offers the best of BOTH WORLDS—an incredible coastal lifestyle AND the flexibility of a two-unit investment property! Ideally situated along Cape Coral’s desirable Beach Parkway corridor, near Jaycee Park, this unique duplex overlooks an expansive intersecting canal with breathtaking PANORAMIC WATER VIEWS and DIRECT, NO-BRIDGE GULF ACCESS. The RIGHT-SIDE RESIDENCE features a spectacular outdoor living area designed to make the most of its waterfront setting. Enjoy a dramatic VANISHING-EDGE POOL, waterfall spa, and spacious lanai perfect for entertaining or simply soaking in the views. The heated, self-cleaning pool features BOTH electric and solar heating for year-round enjoyment. The pool surface has been re-finished, along with NEW WATERLINE TILE, NEW COPING, and NEW POOL EQUIPMENT. Boating enthusiasts will appreciate the OVERSIZED COMPOSITE DOCK, complete with a 10,000-LB BOAT LIFT AND CANOPY, and a MASSIVE SEATING/ENTERTAINMENT AREA. With approximately 200 feet of canal width and reported water depths of approximately 25 feet directly behind the property, this exceptional location offers outstanding possibilities for those with larger vessels. The expansive dock also provides plenty of room for fishing, relaxing, and enjoying the waterfront lifestyle. LIVE IN ONE SIDE, RENT THE OTHER! The two-unit configuration offers remarkable versatility. Enjoy the property as a primary residence while generating rental income, accommodate extended family or guests, or maximize its potential as a waterfront investment property. An appealing opportunity for investors considering a 1031 EXCHANGE! Both sides are being offered Turnkey Furnished minus a few exclusions to be identified by Seller & Tenant. Recent improvements add tremendous value, including a NEW STANDING-SEAM METAL ROOF, NEW COMPOSITE DOCK AND BOAT LIFT, and a NEW A/C SYSTEM in the left-side residence. Two additional rear storage rooms provide convenient space for boating gear, tools, and recreational equipment. Surrounded by beautiful waterfront homes and conveniently located near Jaycee Park, dining, shopping, and entertainment, this property combines an impressive boating location with the versatility of MULTIFAMILY OWNERSHIP. TWO RESIDENCES. ONE SPECTACULAR WATERFRONT SETTING. ENDLESS POSSIBILITIES! Whether you're searching for a personal waterfront retreat with income potential or a distinctive addition to your investment portfolio, this property deserves a closer look. THIS PROPERTY IS CURRENTLY ZONED FOR UP TO 4 UNITS, so there is also an opportunity to tear down the existing structure and build a BRAND NEW 4-UNIT BUILDING which could further increase income potential for many years to come! BE SURE TO VIEW THE VIRTUAL TOURS FOR ADDITIONAL PHOTOS, DETAILED FLOOR PLAN, AND VIDEO WALK-THROUGH!
1 day on market · Listing updated October 1, 2026
| Date | Event | Price |
|---|---|---|
| Oct 1, 2026 | Original list price | $769,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Terry Mell, The Keyes Company
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