Cape Coral, Florida
Wake up on the water.Leave the rest behind.
Forty-eight waterfront residences, a private marina, and a resort of your own — at the start of Matlacha Pass, where Southwest Florida's great water system begins.
Cape Coral, Florida
Forty-eight waterfront residences, a private marina, and a resort of your own — at the start of Matlacha Pass, where Southwest Florida's great water system begins.
The Grounds
Lake Shadroe was designed as integrated grounds — marina slips wrapping the waterfront, a freeform pool and sand beach zone directly adjacent, a waterfront restaurant flanking the pool, a destination spa in its own dedicated building, and the residence tower rising behind it all. Every component was positioned so the water is visible from every vantage point — resident balcony, pool chaise, restaurant table, or marina slip. Nothing like this has been built in Cape Coral. The nearest comparable resort is two hours away.
48 waterfront residences across seven stories. Every unit opens onto the lake. Upper floors look past the lake to Matlacha Pass and the Gulf of Mexico.
Twelve private slips arcing along the waterfront directly in front of the pool deck. Gulf access through Matlacha Pass — no locks, no bridges, no waiting.
A full destination spa in its own building on the property — a standalone wellness destination drawing guests from across the region, two minutes from your residence.
Lake Shadroe is resort living — fully realized.
Spa, marina, restaurant, and waterfront, all part of daily life.
This is what it means to live inside a destination.
— Vantage Point Investments
The Water
Twelve private marina slips arc the waterfront directly in front of the pool deck, with Gulf access via Matlacha Pass — no locks, no bridges, no waiting. Cape Coral's identity is waterfront boating. Lake Shadroe puts residents in the center of that culture — not watching it from a balcony window, but living inside it every day.
Explore the marina →
Stillness
Matlacha Pass Aquatic Preserve — one of Florida's state-protected estuarine sanctuaries — sits at your marina's edge. Mangrove systems, wildlife, and a quieter rhythm define a different side of the Gulf Coast. Kayaks and paddleboards launch from the property.
Explore the preserve →
The Table
The Waterfront Restaurant at Lake Shadroe — a Moroccan-inflected Mediterranean program built around Gulf catch, preserved lemon, harissa, saffron, and ras el hanout. The flavor language of Dalal, extended to the plate. Raw bar opened to order. Whole roasted Gulf snapper for the table. Moroccan mint tea poured high. A tiki bar that faces the water — with cabana service across the entire pool deck.
The Table →
Dalal
The heart of Dalal is a full wet hammam ritual — heated marble platforms, black soap exfoliation, the kessa mitt, arched stone chambers, brass lanterns. Nothing like this exists within 120 miles of Cape Coral. Beyond the hammam: treatment rooms, a relaxation lounge with Moroccan ritual service, biomarker assessment with physician supervision, GLP-1 wellness programs, and a curated boutique. A standalone wellness destination that residents walk to in two minutes.
Dalal Wellness →The Residences
The tower was oriented around a single principle — that every unit should open onto the lake, not onto a courtyard or a parking lot. Wide floor plans pull the water into every room. Twenty-four- to forty-foot waterfront terraces make the outdoors the primary living space. Upper floors look past the lake to Matlacha Pass and the Gulf of Mexico beyond.
1,125 SF
Open great room. Two bedrooms, two full baths. Master suite with en-suite bath. Twenty-four-foot waterfront terrace. In-unit laundry.
View residence details →
1,350 SF
Expanded great room with open living, dining, and kitchen. Master suite with walk-in closet and en-suite bath. Two additional bedrooms. Two full baths. Forty-foot waterfront terrace running the full width of the residence. In-unit laundry.
View residence details →Interior Specification
A finish package designed for ownership that reads to guests as luxury. Hardwood cabinetry throughout. Quartz countertops. Matte black plumbing and lighting fixtures — a current, restrained, ownership-grade specification chosen for longevity in a coastal rental environment.
The Location
Lake Shadroe sits at the start of one of Florida's great water systems. A protected saltwater lake flows to Matlacha Pass Aquatic Preserve — a state-protected estuary of mangroves and wildlife. Matlacha Pass opens to Pine Island Sound and Charlotte Harbor beyond, a continuous inshore fishery known across Florida. The open Gulf of Mexico and Boca Grande, the tarpon capital of the world, sit within a morning's cruise.
The Property
The Waterway
Lake Shadroe
Your marina slip
↓ 0 MINUTES
Matlacha Pass Preserve
State-protected estuary
↓ DIRECT ACCESS
Pine Island Sound
Inshore fishery
↓ 15 MIN BY BOAT
Charlotte Harbor
Backwater system
↓ 45 MIN BY BOAT
Gulf of Mexico
Open water
↓ 90 MIN BY BOAT
Boca Grande
Tarpon capital of the world
The Market
Older condo stock across Southwest Florida is under pressure. Reserve requirements from the 2022 Florida condo safety law are triggering special assessments. Insurance carriers are pulling coverage on pre-2000 waterfront buildings. The used-condo inventory is repricing, and will continue to for years.
New construction operates on entirely different terms. 2026-code structure. Reserves funded at delivery. Insurance in place. No deferred maintenance, no inherited liabilities.
Lake Shadroe was designed for the market ahead, not the one behind. Hospitality zoning that allows a full short-term rental program. An integrated resort that generates its own cash flow. Institutional-grade delivery from a developer with eighteen years in Southwest Florida.
Lake Shadroe is the last sub-$1,000 per square foot waterfront condo-hotel with a marina in Southwest Florida. Every competing new-construction waterfront project — Halcyon, 3300 Gulf Shore, Kalea Bay, Infinity at The Colony — crosses $1,000/SF at the ceiling. We own the sub-$1K segment by permanent design choice.
The same water. A different product. A different category entirely.
The Corridor
On January 21, 2026, Cape Coral City Council unanimously approved Seven Islands — a $1 billion Forest Development project on Old Burnt Store Road, minutes from Lake Shadroe. It is one of several. Lake Shadroe is being delivered first.
Seven Islands · Forest Development · $1 billion
995 residential units. 240-room Marriott. Full-service marina, resort lagoon, waterfront restaurants, community island. Unanimous City Council approval, January 21, 2026. Civil construction begins fall 2026. Likely delivery 2029-2030.
Cape Coral Grove · $1.3 billion
Luxury apartments and hotel on Pine Island Road.
Hudson Creek · $100 million
Mixed-use development.
Bimini Square · $100 million
Already open on the waterfront.
Cape Coral Bridge · $484 million
Public infrastructure — capacity expansion.
North 1 utilities expansion
Unlocking 17,000+ new homes north of Pine Island Road.
Lake Shadroe will be complete and cash-flowing before Seven Islands breaks ground. By the time $2.5 billion of new resort and hospitality product arrives in 2029-2030, Lake Shadroe will be stabilized, appreciated, and operating.
You are buying at $925 per square foot in a corridor where institutional capital is about to commit over a billion dollars to exactly the category of resort infrastructure that validates the thesis.
Lake Shadroe is the first. It will not be the last. But it will always be the one that arrived first.
Southwest Florida waterfront has appreciated 77% over the past decade — roughly 5.9% annually — through two hurricanes and a pandemic. Lee County added 200,000 residents since 2010. The current price correction returns Cape Coral to October 2021 levels — a normalization from the 2021-2022 spike, not a structural decline. The supply of new waterfront resort product in this market is exactly one.
Ownership
Private ownership of a residence, supported by a centralized hospitality operation. Every detail — reservations, turnover, maintenance, concierge — handled by a single integrated system. Ownership without operational burden.
Full ownership of a residence with access to the complete rental program operated by Roelens Vacations.
Block purchases for family offices and institutional investors. Inquire for terms.
Institutional Partners
Vantage Point Investments
Developer
Roelens Vacations
Hospitality Operator
PDS Architecture
Architect
Curran Young Construction
General Contractor
Appraised by BBG at $81.68M as-complete.
Full team and credentials →Delivery
Lake Shadroe is under construction, not under concept. Deep foundation pilings are in the ground. Ninety-five percent of horizontal work is complete. Construction financing is in final underwriting with Loeb Capital. Upon close, vertical rise begins — and first deliveries follow fourteen months after.
Today
Foundation & horizontal work 95% complete
Loan close
Vertical construction begins
Months 10–14
Amenity buildout
Month 14
First deliveries
Seven Islands, the $1 billion Forest Development project down the road, begins vertical construction fall 2026 and delivers 2029-2030. Lake Shadroe residences will be stabilized and generating rental income before neighboring resort inventory arrives.
Inquire
A private preview of the residences, the ownership program, and the investment thesis. By appointment.