CAPE CORAL, FL 33990

Property

Ownership: Fee Simple
Type: Single Family
Bedrooms: 4 BR
Bathrooms: 3½
Pets: Pets Allowed
Lot Size: 0.3 Acres

Financials

Price:$750,000
Annual Taxes:$10,108.15
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of REDFIN CORPORATION

This waterfront POOL home in Cape Coral is situated on a highly desirable TRIPLE LOT on Lake Saratoga, 30 ACRE LAKE part of the city s network of seven interconnected ...

Description

This waterfront **POOL** home in Cape Coral is situated on a highly desirable **TRIPLE LOT** on Lake Saratoga, **30 ACRE LAKE** part of the city’s network of seven interconnected freshwater lakes. Positioned entirely within **FLOOD ZONE X** the home requires no flood insurance and experienced zero flooding from past storms. Buyers will benefit from low-cost insurance options, supported by a recent wind mitigation report that is available upon request. Additionally, ***CITY WATER AND SEWER** with **ASSESSMENTS PAID** plus the property has **NO HOA**. Only **$188/SQFT!** The exterior is uniquely equipped to maximize the stunning lakefront location. A standout feature is the convenient, gently sloped **PRIVATE BOAT RAMP** located directly on the lot, allowing for the easy launch of kayaks, canoes, paddleboards, and small watercraft straight into miles of navigable freshwater. The waterfront infrastructure also includes an exceptionally long wooden dock complete with a Tiki Hut, offering a shaded space for daytime relaxation and outdoor entertaining. Because the property boasts **PANORAMIC**, unobstructed views of the lake, the dock serves as an ideal vantage point for watching spectacular daily **SUNRISE & SUNSETS** over the water! Inside, the home offers a functional and open floor plan designed to capture abundant natural light and direct water views. For buyers interested in **MULTI-GENERATIONAL** living or increasing the home's footprint, architectural plans are already available to add a **MOTHER-IN-LAW SUITE**. This proposed addition provides an excellent opportunity to customize the property to comfortably accommodate extended family, long-term guests, or additional rental capacity. From an investment standpoint, this property serves as a perfect rental opportunity. With absolutely no HOA and **ZERO RENTAL RESTRICTIONS** the home can be fully utilized as a short-term vacation rental or a standard annual lease. The powerful combination of a sprawling triple lot, direct water access, and significant expansion potential makes this a highly versatile and valuable asset. Located in an established, quiet residential neighborhood, the property remains peacefully secluded while offering close proximity to Cape Coral’s dining, shopping, and commercial centers.

Amenities

  • Balcony
  • Cable - Available
  • Ceiling Fans(S)
  • Dishwasher
  • Disposal
  • Eat-in Kitchen
  • Electricity Connected
  • High ceiling
  • Lake Front
  • Living Room/Dining Room Combo
  • Microwave
  • Open Floorplan
  • Primarybedroom Upstairs
  • Private Mailbox
  • Pull Down Stairs
  • Range
  • Refrigerator
  • Smoke Detectors
  • Split Bedroom
  • Storm Window(s)
  • Thermostat
  • Tinted Windows
  • Walk-In Closet(s)
  • Wet Bar

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.