Create 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.
145 days on market · Listing updated July 3, 2026
| Date | Event | Price |
|---|---|---|
| Apr 10, 2026 | Original list price | $749,000 |
Reflects listing data on file, not a complete transaction history.
Listed by Brian Gannon, Premiere Plus Realty Company
Co-listed by Peter Rose, Premiere Plus Realty Company
$748,000
1722 Bikini CT, CAPE CORAL
$4,481
est. monthly payment
Estimate only — actual payment depends on your lender, credit profile, and final loan terms.
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.