Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
2020
Sq.Footage
2,418
Rare Gulf-Access Duplex on a Waterfront, Triple-Lot in Pelican Neighborhood—2021 construction with $4,000/month rental income potential and private outdoor space!!! An exceptional opportunity to own a newer-construction 2021 multi-family property positioned on a rare triple-lot parcel in the highly sought-after Pelican neighborhood of Cape Coral. Set back toward the center of the expansive property for added privacy, both units enjoy generous outdoor space, privacy, and flexibility for boat, trailer, or recreational equipment storage. The property features substantial saltwater canal frontage with direct access to the Caloosahatchee River and Gulf waters, offering excellent potential for a private dock and a true Southwest Florida boating lifestyle. Both units have been recently updated with luxury waterproof vinyl plank flooring, fresh interior paint, modern bathroom vanities, upgraded lighting, new hardware, and ceiling fans. The property was built to current Florida building codes, offering low-maintenance, modern construction compared to older Cape Coral multi-family properties. Exterior improvements and features include fresh paint, new gutters, elegant coach lighting, and a sprinkler system utilizing reclaimed water. The rare triple-lot configuration allows flexibility for larger fenced yards, outdoor living, or future waterfront enhancements—features highly valued by both tenants and owners. Located in Cape Coral’s highly desirable Pelican neighborhood, the property is surrounded by attractive homes, quality rentals, and is near parks, marinas, nature preserves, shopping, and dining. Nearby highlights include Rotary Park Environmental Center, Tarpon Point Marina, Pelican Soccer Complex, and Joe Coviello Park. Southwest Florida’s world-class beaches—including Fort Myers Beach and Sanibel Island—are within convenient driving distance. Top-rated schools and parks add further appeal for families and long-term tenants. Previously generating $2,000/unit ($4,000/month total), this income-producing Gulf-access duplex is ideal for investors or buyers looking to live in one unit and rent the other. With Gulf access, newer construction, a rare triple-lot parcel, and high tenant demand, opportunities like this are extremely limited in Cape Coral, making this property a standout investment and lifestyle opportunity.
Features & Amenities
Interior
-
Other Interior Features
High Ceilings, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Lighting, Private Yard, Rain Gutters
-
Parking
Driveway, Garage Door Opener, Oversized, Attached
-
Patio and Porch Features
Front Porch, Patio
-
Pool
No
-
Waterfront YN
YES
-
View
Canal, Water
Area & Lot
-
Lot Features
Paved, Waterfront
-
Lot Size(acres)
0.34
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$549,000
-
Tax Amount
$11,432.12
-
Sq. Footage
2, 418
-
Price/SqFt
$227
HOA
-
Association
No
School District
-
Elementary School
Gulf Elementary
-
Middle School
Gulf Middle School
-
High School
Ida S. Baker High School
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Lee
Elementary School
Gulf Elementary
Middle School
Gulf Middle School
High School
Ida S. Baker High School
Listing Courtesy of Indira Shakirova , KELLER WILLIAMS REALTY SMART 1
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