0.23 acre freshwater canal lot in a sought-after central Cape Coral location, offering an exceptional opportunity to build your custom home and fully embrace the Florida lifestyle. This highly desirable west-facing waterfront property combines tranquility, convenience, and long-term value. The lot features no HOA, no deed restrictions, and is not located in a flood zone, providing flexibility and peace of mind. Ideally situated between Pine Island Road and Del Prado Boulevard, the property is close to schools, a fire station, golfing, dining, and everyday essentials. New construction throughout the neighborhood reflects the area's continued growth and appeal. City water, sewer, and irrigation are currently being installed, with a newly paved road scheduled to follow. The buyer will assume the remaining utility assessments, billed annually through the property tax bill. Positioned on the Emperor Canal, the property offers freshwater boating access.