This is the kind of income property that almost never comes up. A well-maintained duplex on a deep-water canal with true sailboat access to the Caloosahatchee River and the Gulf of America — no bridges between you and open water. About five minutes by boat to the river, with lots of room for a boat dock. Both sides are identically laid out and look the same. Each offers approximately 977 square feet with 2 large bedrooms, 2 full baths, tile throughout, a spacious kitchen, a spacious 1-car garage with room to park an F-150 or GMC Sierra, and a screened lanai looking out over the canal. The right side is currently owner-occupied. The left side is a rental. Major updates are already behind you. A new roof, interior remodel, plumbing, and new impact windows and doors — including the front doors and garage doors — were completed in 2022. Both units have 2019 air conditioning. Make this your primary or seasonal home and collect income from the other side, or rent both units. Quiet Olga residential setting, across from newer riverfront homes, and convenient to Alva, I-75, Downtown Fort Myers, Babcock Ranch, and LaBelle. Deep-water, no-bridge sailboat duplexes are exceptionally scarce in this part of town. A true unicorn for an owner-occupant or an investor who wants waterfront lifestyle and rental income in the same property.
6 days on market · Listing updated October 12, 2026
Location
Facts & Features
- Flooring:
- Tile
- Heating:
- Central Electric
- Cooling:
- Ceiling Fan(s), Central Electric
- Utilities:
- Cable Available
- Sewer:
- Septic Tank
- Water Source:
- Central
- Exterior Features:
- Concrete Dock
- Construction:
- Concrete Block, Stucco
- Roof:
- Shingle
- Patio / Porch:
- Patio
- Waterfront:
- No Bridge(s)/Water Direct, Canal Front
- Lot Features:
- Regular
- Irrigation:
- None
- Road Surface:
- Paved
- Structure Type:
- Duplex
- Windows:
- Impact Resistant, Sliding
- Community Features:
- None, Boating, Non-Gated
- Subdivision:
- PARADISE SHORES
- Zoning:
- TFC-2
- Annual Taxes:
- $3,827
- Pets Allowed:
- No Approval Needed
- Possession:
- Close Of Escrow
- Listing Terms:
- Buyer Finance/Cash
Price History
| Date | Event | Price |
|---|---|---|
| Oct 7, 2026 | Original list price | $450,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Chris Horvath, RE/MAX Realty Group
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.