Description
Under Construction. FIRE-DAMAGED, PARTIALLY COMPLETE, WATERFRONT HOME WITH POOL IN SOUTH GULF COVE – INVESTOR ALERT! Rare opportunity to acquire a canal-front, new-construction home in South Gulf Cove before completion—offered as-is after sustaining fire damage during the final stages of the build. This 3-bedroom, 2.5-bath, single-level home was thoughtfully designed with over 1,700 square feet under air, impact-resistant PGT windows and doors, and a shell for an in-ground pool already in place—offering a strong foundation for restoration or a rebuild. Situated on a canal with boating access to Charlotte Harbor and beyond, the lot features 80ft of waterfront and western rear exposure that will provide glorious sunsets beyond the canal. Inside, the structure remains intact in parts, including the garage, exterior block walls, and sections of the plumbing and framing. The floorplan was laid out with an open-concept great room/kitchen that transitions to a covered lanai through sliding glass doors. The builder’s intent is still visible in the layout, offering a desirable split-bedroom configuration and plenty of room for a modern, coastal-inspired interior. Outside, the pool shell is in place and awaits custom finishing touches. The property is cleared and ready for completion with utilities and infrastructure already in progress. Home is located in a growing area of South Gulf Cove, surrounded by new homes as well as other vacant home sites. It is close to area beaches, golf courses, and Boca Grande. There is an optional HOA that is more social in nature with access to the clubhouse, boat launch & group activities. Take part in the relaxed yet upscale boating lifestyle found here with miles of navigable canals. Buyers with vision will recognize the value in this location, existing structure, and potential. Whether restoring what's here or building new, this is a chance to invest in a highly sought-after waterfront community at a fraction of the price. Cash only.
