House in Cape Coral, FL 33914

Cape Coral Residential, 117 54th Ter

SITTING ON A 15,600+ SQ. FT. LOT (one of the largest in the area), PRIME SAILBOAT ACCESS CANAL w/ 168' of water frontage, cul-de-sac surrounded by multi-million $ houses, THIS PROPERTY IS YOUR UNICORN. A remarkable value for this desired area in South Cape Coral. Perfect for boating enthusiasts, only 5 minutes to open water. Enjoy the luxury of two boat lifts w/ capacities of 20,000lb. & 8,000lb. *Composite decking w/ captains walk & wrap around lift capabilities. The house offers over 1800+ sq. ft. of living area, 3 bathrooms, and a gorgeous pool area, designed for entertaining and relaxation. *Outdoor kitchen (including gas grill, refrigerator, keg machine & sink), ample deck space, large hot tub, ELECTRIC (2017) AND SOLAR (2021) POOL HEAT. UPDATED THERMAL windows and sliders throughout, A/C 2017, Stainless appliances, bathrooms updated, spacious bedrooms & lush landscaping. Flood insurance policy (ONLY $1,431 for the year) is TRANSFERABLE, providing significant savings. Due to Hurricane Ian, this home suffered some damage, and has been partially remediated. Bring this one back to its former glory (terrific rental income producer) or use the massive lot for a new luxurious home.