This gorgeous home is the only water front property on the market in this price range on Pine Island! The home offers a grand opportunity to be part of the highly desirable boaters paradise community of Captains Cove. This property features the widest channel in Bokeelia and just a minute from Jug Creek, offering easy access to Pine Island Sound, Charlotte Harbor, Boca Grande, and the Gulf of Mexico. This stilt home boasts an inviting open floor plan with abundant natural light in the living room, kitchen, and dining area. The home offers 3 bedrooms with a den and 2 bathrooms on the upper level, with an additional bedroom and full bath on the lower level(i.e. Studio). The large deck at the back of the home provides relaxing water views, stunning sunsets, and the perfect spot to kick back and enjoy life. The lower level studio offers multiple opportunities: it can serve as an office, living space for additional family members, college students, in laws, or as a rental unit. It features its own kitchen, living room, spacious bedroom, and full bathroom. Additionally, the lower level includes a laundry room, enclosed patio, workshop, and ample storage. The grounds accommodate all kinds of parking, including space for cars, an RV, adult toys, a boat trailer, and a boat dock with a 10,000 pound lift and the ability to launch kayaks. There have been many upgrades in the last year totaling over $100K (excluding labor): over 60 clusia plants have been planted for privacy, along with a navel orange tree and hibiscus plants. A steel framed boat canopy was installed by Coastline Boat Lift Covers, and the dock was upgraded with blue lights and a KayaArm for kayaks. A fully enclosed workshop with two sliding barn doors was constructed, and the carport was enclosed to create a large storage room that can be converted into a living space. Other improvements include a full screened in back porch, an extra long (80) and wide (20) limestone rock driveway with underlayment (weed free) bordered with 4x6 timber for RV parking or a boat, lined with clusia plants, a granite rock pathway and border edging, extensive landscaping, cute exterior shutters, a lighthouse mailbox, a 3x12 ft concrete slab for waste and recycle cans, upgraded electric panels, a newer A/C unit upstairs with updated duct work, a newer dishwasher, and a remodeled upstairs bathroom. The most recent updates to the property are new pet proof carpet with warrenty & newly painted interior rooms.