Oversized Lot. BEST VALUE SAILBOAT WATER - No Bridges to open water. Fabulous opportunity to own property on the wide prestigious Santa Cruz Waterway. This is an opportunity to build your dream home and vacation where you live every day. The back of the lot is SOUTH FACING, so you get the sun in your pool most of day with a long water view down the Santa Cruz Waterway, which will bring you amazing sunsets and picturesque wildlife. The canals are extra wide and lead to the Interceptor Lagoon. The water is brackish with many species of fish including redfish, snook, trout, ladyfish, sheepshead and snapper. This waterfront property is on a canal which leads to Charlotte Harbor, Boca Grande, and to the Gulf of Mexico. Think of the convenience of having your boat in your back yard to go boating, fishing and enjoy a meet up in the Interceptor Lagoon with the Yacht Club or a trip across the Harbor to a restaurant for lunch. South Gulf Cove is a very special waterfront community conveniently located close to great shopping, restaurants from casual to gourmet, world class Golf Courses, quaint Olde Englewood Village, historic Punta Gorda and Fisherman's Village, by boat or by car, and of course the beautiful Gulf Beaches of Boca Grande, Englewood, and many more. Take your boat to Boca Grande for the day or take a short drive to the Boca Grande Causeway to enjoy spectacular sunsets and all that fabulous Boca has to offer. Start living the salt life now!