1504 El Dorado Parkway W, Cape Coral, FL 33914

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$769,000
List Price
$899,000
Status
CLOSED
MLS#
2025014090
Closing Date
Jan 20, 2026
Bedrooms
3
Bathrooms
2
Living Area
1,741
Development
Cape Coral
Subdivision
Cape Coral

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

Taxes
$7,181
Building Design
Single Family
Year Built
1980
Community Type
Boat Facilities
Construction
Block, Concrete, Stucco
Living Area
1,741
Acres
0.23
Interior Features
Built-in Features, Bathtub, Closet Cabinetry, Eat-in Kitchen, High Ceilings, Jetted Tub, Separate Shower, Walk-In Closet(s), Split Bedrooms
Amenities
None
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Carpet, Tile
Garage Spaces
2
Exterior Features
Sprinkler/Irrigation, None, Patio, Water Feature
View
Canal, Pool
Gulf Access
Yes
Gulf Access Type
No Bridge(s)/Water Direct
Waterfront
Yes
Waterfront Description
Canal Access, Navigable Water, Seawall
Water
Public
Sewer
Public Sewer
Pool Description
In Ground
Stories
1
Pets
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of John R. Wood Properties. Selling Office: .