8140 Cleaves RD, North Fort Myers, FL 33903

• 2 beds |
• 1 bath |
• 1,000 sqft

Property Description

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.”

Listing Status:

Active

Date Added:

February 11, 2026

Data Last Updated:

February 11, 2026 at 9:10PM

Listing Office:

Keller Williams Realty Fort Myers and the Islands : (239) 236-4350

MLS ID:

2026007403

Interior

• General: Other
• Appliances: None
• Dining: Dining - Living
• Laundry: Washer/Dryer Hookup
• Flooring: TileVinyl
• A/C: Central Electric
• Heating: Central Electric

Exterior

• General: Storage
• Style: RanchSingle Family
• Parking: Attached CarportParking spaces: 1

Construction

• Roofing: Rolled/Hot Mop
• Windows: Thermal
• General: Concrete BlockStucco1Concrete Block

Location

• HOA Amenities: See Remarks0.0
• Originating MLS: Florida Gulf Coast
• County: Lee

Lot

• Zoning: RS-110-44-24-05-0000C.0010
• View: CanalWaterView
• Restrictions: None

Utilities

• Water: Central

Financial

• Source: Florida Gulf Coast