This southern exposure freshwater canal lot offers a rare, build-ready opportunity in a well-established Cape Coral neighborhood with no HOA. A newer seawall and a 13.5 x 20 ft patio dock are already in place, saving valuable time and expense and allowing immediate enjoyment of the water. The Hermosa Canal connects to the largest freshwater canal system in the area, providing access to seven different lakes—Kimberly Lake, Pelican Lake, Carousel Lake, Holiday Lake, Arrowhead Lake, Laurel Lake, and Lake Mead—making it ideal for boating, fishing, and paddling right from your backyard. The property is fully cleared with no trees or brush and is located in Flood Zone X, meaning no flood insurance is required. The amazing location offers a peaceful setting while remaining close to shopping, dining, Publix, Walgreens, and the Pine Island Road corridor. Whether you plan to build now or hold as an investment, this waterfront lot delivers both lifestyle appeal and long-term value.