Brand new construction priced BELOW building cost! This is a very rare opportunity as you simply can’t buy new construction homes for less than it costs to build them! On top of that, it’s even located on a wonderful freshwater canal. And at this low price, it holds the title of being the VERY LOWEST price-per-foot new home on a canal in the entire city of Cape Coral! As an added incentive, mortgage rates are currently at their lowest levels in years and LOW MONEY DOWN options are available. The home offers over 1900 square feet of living area, 4 bedrooms and a unique & versatile floorplan. FHA financing eligible too. It also provides you with much more affordable homeowners insurance compared to resale properties. And since it is NOT in a flood zone that means you save even more. No HOA fees here either. At this price you’d expect only base grade, entry-level builder finishes, but not on this one. In addition to the waterfront setting, it comes with quartz countertops, 36” wood cabinets with soft-close cabinets and dovetail drawers. The bathroom vanities also feature quartz tops and unlike bargain builders, there’s no cheap plastic showers here- check out the primary bathroom in this one with double sinks, a full tiled shower and two generous size closets with pocket doors. It also features four full-size bedrooms plus a bonus room that could be used as a den, an extra sitting area or whatever best suits your needs. Tall ceilings, luxury vinyl flooring throughout, paver stone driveway and paver lanai and great hurricane protection courtesy of the IMPACT grade windows and doors. Even the triple slider is hurricane rated- something you just don’t find in this price range home. The garage is also oversized at 23’5” x 22’ and features a taller 8’ door, so you can actually fit 2 vehicles in this one. Stainless steel appliances, a large kitchen island, an abundance of cabinets and a nice size, under truss lanai too. You simply cannot come close to replicating the home for this price making this one an outstanding deal. **See virtual tour link for a video walk-through of this property**