Welcome to this incredible property offering immense potential for a fix and flip or the opportunity to build your dream home. Home is 2300 square feet under air that includes 3 bedrooms, 2 baths, a living room, dining room, kitchen, 2 family rooms, office and pool. Sellers are willing to provide the Buyer with a $50,000 credit at closing so the Buyer can pick their choice of new roof, flooring and A/C. This is truly a rare find, with no locks or bridges impeding your voyage, ensuring smooth sailing to the open waters of the Gulf. Situated in the coveted Cape Coral Yacht club area, which is undergoing a multi-million dollar redevelopment project, this location promises an exceptional investment opportunity. The property enjoys a picturesque waterfront setting, with the stunning Bimini Basin as your backyard. Here, you can relish in the pleasures of boating and immerse yourself in breathtaking sunsets, creating unforgettable memories. Whether you decide to embark on a fix and flip venture, capitalizing on the property's potential, or choose to build your dream home from scratch, the prospects for an extraordinary waterfront lifestyle are endless.