Short Sale: This property is a potential short sale. Affordable Yacht Club bungalow in the heart of Cape Coral's highly desirable “South of the Parkway” location, just minutes from the city's only beach and the transformative three hundred million dollar Yacht Club and Beach redevelopment. This major revitalization will bring resort style pools, waterfront restaurants, shopping, recreation, and community events, all within an easy bike ride from your front door. This thoughtfully designed two bedroom, one bathroom residence offers a total of 1,788 square feet and a comfortable, well laid out floor plan ideal for both everyday living and entertaining. Filled with natural light, the home features inviting living spaces that blend functionality with classic Florida charm. The generous outdoor area provides excellent potential for creating a private tropical retreat, garden, or expanded outdoor living space to fully enjoy the Southwest Florida lifestyle. Set in a well established and sought after neighborhood, this property offers outstanding value and versatility as a full time residence, seasonal getaway, or investment opportunity in one of Cape Coral's most rapidly improving waterfront districts. Enjoy unmatched proximity to the area's newest and most exciting destinations including the revitalized Yacht Club Beach and Marina, Bimini Square with Lee Health medical offices, shopping, dining, and Deep Lagoon, The Cove at 47th for waterfront restaurants and boutiques, and Slipaway with its waterfont dining and food truck park. You are also just minutes from Tarpon Point Marina, The Westin Cape Coral Resort, and popular local favorites such as Gather, High Tide Social House, Pinchers, The Nauti Mermaid Bar and Grill, and Marker 92, along with convenient access to Palmetto Pines Country Club and Coral Oaks Golf Course. Beach living, boating, dining, and entertainment all converge in this prime Yacht Club location, making this an exceptional opportunity to own in one of Cape Coral's most iconic and rapidly revitalizing neighborhoods.