3033 SW 5th Ave Cape Coral, FL 33914

Affordable Waterfront Gem with 99 Feet of Waterfrontage and Oversized Lot. This charming waterfront home offers 99 feet of canal frontage overlooking a wide freshwater canal with partial basin views. Situated on an oversized lot, there's plenty of room to create your dream backyard oasis, including the option to add a pool for the ultimate Florida lifestyle. With 1,403 square feet of living space, this 2-bedroom, 2-bathroom home is being sold AS-IS and priced to sell, making it the perfect opportunity for investors, first-time homebuyers, or anyone ready to design their own waterfront retreat. With a little TLC and vision, this property can easily become the ideal Florida oasis you've been dreaming of. Imagine kayaking, paddleboarding, or fishing right from your backyard while enjoying breathtaking sunrises! Key Upgrades Already Done: Roof replaced in 2022 and New 200A main breaker 42-space electrical panel installed in 2024. Located in one of Cape Coral's most desirable and fast-growing areas, this home places you just minutes away from some of the city's most exciting upcoming developments. Cape Coral Grove is a planned 131-acre mixed-use town center featuring upscale retail, dining, hotels, public parks, and vibrant community events, projected to generate over $1.3 billion in economic impact. The highly anticipated Seven Islands Project is expected to bring boutique shops, restaurants, marinas, green spaces, and possibly even a beach area, creating a premier waterfront destination. Other nearby developments include The Cove at 47th, Bimini Basin Project, and Slipaway Marina, all of which will offer waterfront dining, boutique shopping, boat slips, nightlife, and year-round entertainment. The reimagined Cape Coral Yacht Club will also feature a beach, marina, and recreation center, providing a full resort-style experience for residents. This location also provides quick access to shopping, dining, top-rated schools, and parks, making daily life incredibly convenient. You'll enjoy easy travel to Fort Myers, beautiful beaches, and some of Florida's best boating and fishing destinations. For golf enthusiasts, Palmetto Pines Country Club and Coral Oaks Golf Course are just minutes away. Don't miss this rare opportunity to own a large waterfront property in a rapidly growing area with incredible future potential.