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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 3/16/2026 |
|---|---|---|---|
| TRACT | CAPE CORAL | YEAR BUILT | 2020 |
| COMMUNITY | 33914 - Cape Coral | GARAGE SPACES | 2.0 |
| COUNTY | Lee | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Gulf Elementary |
|---|---|
| Jr. High School | Gulf Middle School |
| High School | Ida S. Baker High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator |
| AREA | 33914 - Cape Coral |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Lighting, Private Yard, Rain Gutters |
| GARAGE | Yes |
| HEAT | Central, Electric |
| INTERIOR | High Ceilings, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 0.34 acre(s) |
| LOT DESCRIPTION | Paved, Waterfront |
| LOT DIMENSIONS | 120x125 |
| PARKING | Driveway, Garage Door Opener, Oversized, Attached |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | CAPE CORAL |
| TAXES | 11432.12 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Canal, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Canal Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Indira Shakirova, KELLER WILLIAMS REALTY SMART 1, 863-508-3000
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/16/26 4:07 PM PDT.
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