Home For Sale

Rare Waterfront Value Opportunity | Prime Canal Location | Assumable VA Loan at 4.25% A truly rare opportunity to own a prime waterfront lot on a wide canal, complete with direct boating access just minutes from Marina Town and the Caloosahatchee River-perfect for boating, fishing, and waterfront cruising. The existing structure sustained significant damage during Hurricane Ian and is uninhabitable, presenting an exceptional opportunity for a savvy buyer, investor, or builder to reimagine the property from the ground up. The lot and location are the true gems, offering the ideal setting to rebuild or elevate a new coastal-style residence with a two-car garage below and expansive living space above, designed to capture beautiful water views and refreshing Gulf breezes. Just a few minutes boat ride to the River with Gulf Access. A short walk or boat ride to Marina Town with 3-4 waterfront restaurants and professional offices. Adding to the appeal, the property offers a rare assumable VA loan at an attractive 4.25% interest rate, subject to lender approval. Purchaser must qualify for VA loan assumption and meet all lender requirements. Conveniently located near schools, churches, shopping, and a variety of dining options-including waterfront restaurants accessible by boat-this location blends everyday convenience with an exceptional waterfront lifestyle. Offered *As Is*, this is a standout opportunity to secure waterfront property in a high-demand area with favorable financing in place. Bring your vision, your builder, and your boating lifestyle-opportunities like this are increasingly rare. *Assumable VA loan at 4.25% available to qualified VA buyer; lender approval required.* *Existing structure uninhabitable due to storm damage.* *Value is in land and location.*

Property Details

  • Beds: 2
  • Baths: 1.0
  • Sq Feet: 1000
  • Year Built: 1957
  • Location: Cape Coral Area
  • Acres: 0.095
  • Waterfront: Yes
  • Waterview: Yes
  • ViewTypes: Water
  • County: Lee County
  • Community: CLEAVES CORNER UNREC PLAT
  • Heat/AC: Electric (Heating), Central
  • Garage: Carport
  • Siding: Block, Concrete, Stucco
  • Roof: Rolled Hot Mop
  • Stories: 1
  • Property Taxes: $957
  • MLS #: 2026007403

Location

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Contact Information:

Contact Agent
Listing Agent: Johnny Joyce, KELLER WILLIAMS REALTY FORT MYERS AND THE ISLANDS, 843-569-0000, 239-236-4350 Listing Site, Listing Status: Active
Copyright © 2026 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 Statistics:

Lake Home For Sale in North Fort Myers, Florida
Ad Number : 7258594
Viewed: 12 times
Added: Feb 11, 2026
Updated on: Feb 11, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.