1504 El Dorado Parkway W, Cape Coral, FL 33914

$769,000
3
BD
2
BA
1,741
SqFt

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Sold Price
$769,000
List Price
$899,000
Status
CLOSED
Days on Market
102
Closing Date
Jan 20, 2026
MLS#
2025014090
Subtype
Residential
Style
Ranch, One Story
Architectural Style
Ranch, One Story
Year Built
1980
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,741
Acres
0.23
Subdivision
Cape Coral
Neighborhood
Cape Coral
MLS Area Major
CC21 - Cape Coral Unit 3,30,44,6

Property Description

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.

Additional Information

Amenities
None
Interior Features
Built-in Features, Bathtub, Closet Cabinetry, Eat-in Kitchen, High Ceilings, Jetted Tub, Separate Shower, Walk-In Closet(s), Split Bedrooms
Exterior Features
Sprinkler/Irrigation, None, Patio, Water Feature
Taxes
$7,181
Property Description
Ranch, One Story
Zoning
R1-W
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Cooktop, Microwave
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block, Concrete, Stucco
Stories
1
Roof
Shingle
Pool
Yes
Pool Type
In Ground
Parking Features
Attached, Garage, Garage Door Opener
Garage Spaces
2
View
Canal, Pool

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of John R. Wood Properties. Contact:

Selling Office: .