← Alpha board
gulf access canal · Cape Coral, Lee County, FL
5123 Del Prado Blvd S, Cape Coral, FL 33904 (vacant waterfront lot)
discoveredevidence: medium
screen
model pb-score-v1
Scarce near-river gulf-access dirt in the Yacht Club area under $660k — asymmetric upside if either municipal project restarts.
Asking price
$659,900
Suggested offer
$627,000
Do-not-exceed
$659,900
Renovation range
—
Visible scores — no black box
Asset — quality & scarcity78
Alpha — why the market is wrong80
Operating — durable use / income45
Risk — threats to capital (low is good)60
RealtyFund fit80
Composite68
Thesis
Named catalyst
104 ft of gulf-access frontage seconds to the river; 0.298-acre cleared buildable lot between two funded-but-stalled municipal catalysts (Yacht Club $225M rebuild, Bimini Basin East)
Revenue strategy
Land bank / spec build
Primary risks
- municipal projects could stall indefinitely
- construction/insurance costs on new build
- land carries no income while waiting
Evidence room
| Source | Kind | Retrieved | Link |
|---|---|---|---|
| Barry DeNicola Realty MLS# 224027923 | listing | 2026-08-01 | open → |
| Cape Coral Breeze | news | 2026-08-01 | open → |
Next action
Qualified opportunities advance to RealtyFund diligence. Rehab routes to HomeManager / Handyman / ServiceEscrow; stabilized operations route to PropertyManagement.