154 SW 53rd TER, Cape Coral, FL 33914

DIRECT SAILBOAT ACCESS! No Bridges, No Locks, Only 5 minutes to open water. This gem is located in one of the most prestigious areas of Cape Coral, FL. with walking distance to Rotary Park, 4 minutes to Tarpon Pointe Marina. Perfectly nestled on a street of high end homes and surrounded by Multi Million Dollar homes on both sides, across the canal, and across the street. This is your perfect investment opportunity, whether you choose to update the existing home & clean the pool, or tear it down and build your new Luxury Dream Home. If you decide to build, all the hard work has been done for you! Well abandonment approved and completed, demolition and O·w·I Migratory permits ready to go. Architectural plans for a beautiful luxury 4 bedroom 3-½ bath, and 3 car garage are also available for viewing and further customization, if you choose to. Minutes by boat to the best fishing, resort islands, restaurants & white sandy beaches! Cruise easily to the CC Yacht Club, Tarpon Point and several nearby waterfront restaurants. Ask any local boater they will tell you this is one of the hottest and best locations in Cape Coral!. History shows Roof 2021, Repipe Interior Potable Water 2016, Windows Better View brand, Terrazzo floors. NO HOA, NO rent restrictions. Selling AS IS, seller making no repairs.