Rare opportunity with seller financing available in one of Cape

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Home For Sale

1504 El Dorado Parkway W

Cape Coral, Florida 33914

Lee County

Waterfront: Yes

Community: CAPE CORAL

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$899,000 3 br, 2.0 bath 1741 sq. ft. 0.230 acres

Rare opportunity with seller financing available in one of Cape Coral's most desirable waterfront locations. This direct sailboat-access property features southern exposure, no bridges, and quick access to open water. Positioned just steps from Cape Harbour and surrounded by luxury waterfront communities, it's ideal for boaters, investors, or anyone planning a future custom home. The existing 3-bedroom, 2-bath home was impacted by Hurricane Ian but has been professionally remediated, providing a clean slate for renovation. The home will need new drywall throughout, but major systems remain functional, allowing for a variety of paths forward. Buyers can redrywall and install a new appliance package to live in or rent, renovate for long- or short-term rental income, or clear the lot and build new. I have partnered with Windward Construction, a premier local builder, to showcase new-build possibilities for this lot, though there is no obligation to use them. Boaters will appreciate the deep-water canal, wide turning basin, and two boat lifts (13,000 lb with 32' slip and 10,000 lb with 19' slip). The property also includes a spacious screened pool area, mature landscaping, and intersecting canal views. Recent updates include a new roof installed in 2022 with premium shingles, a newer pool pump, hot water heater, dock improvements, and updated irrigation valves. The location places you minutes from Cape Harbour, Tarpon Point, marinas, waterfront restaurants, live music, boutique shops, golf, and new developments such as Bimini Square and The Cove. Whether you choose to renovate, generate income, or build a custom waterfront home, this property offers exceptional location, flexibility, and long-term potential in one of Cape Coral's premier boating neighborhoods.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1741
  • Year Built: 1980
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Electric (Heating), Central
  • Garage: Open, Garage
Exterior:
  • Lot Size: 0.230 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco
  • Roof: Shingle
  • Property Taxes: $7,181
  • Swimming Pool: Yes
  • MLS #: 2025014090
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Contact Information:
Beach Home For Sale in Cape Coral, Florida
Listing Agent: Taylor Rompel, John R. Wood Properties, 239-560-5761, 239-984-8177 Listing Site, Listing Status: Active
Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6709613
Viewed 68 times.
Updated: Nov 17, 2025

This property is a Home located at 1504 El Dorado Parkway W, Cape Coral, Florida 33914, and is currently For Sale at $899,000. This Home has 3 bedrooms, 2.0 baths, 1741 sq ft.