SOUTHERN EXPOSURE RIVERFRONT HOME ON AN OVERSIZED LOT WITH A MULTIMILLION DOLLAR VIEW! Welcome to 264 Bayshore Drive, a rare DIRECT RIVERFRONT property located near Cape Coral's highly desirable Yacht Club area. Positioned on an oversized lot with approximately 88 feet of Caloosahatchee River frontage and approximately 200 feet of depth, this home offers wide, unobstructed water views, breathtaking sunsets, and direct sailboat Gulf access with no bridges. Southern exposure enhances the outdoor spaces and water views, while a NEW SEAWALL installed after Hurricane Ian adds long-term value and peace of mind. Boaters will appreciate the two docks and boat lift, making this an exceptional waterfront offering. The home features 3 bedrooms, 2 bathrooms, and over 2,200 square feet of living space with soaring ceilings exceeding 12 feet in the living room, dining area, and kitchen. Inside, tile flooring and crown molding run throughout, complemented by a spacious open kitchen with granite countertops and a walk-in pantry. Two sets of pocketing sliding glass doors with full-length transom windows create a seamless indoor-outdoor connection and flood the home with natural light. The primary suite is generously sized with sliding doors to the pool area, two walk-in closets, and a large en-suite bath with dual vanities, a jetted tub, and a separate shower. Outdoors features a heated pool and spa surrounded by a beautiful travertine patio, all overlooking the river. The home does not have a pool cage, allowing for unobstructed views, but is equipped with electric roll-down screens at the rear and accordion shutters for storm protection. Additional features include a tile roof, paver circular driveway, and a quiet street with no through traffic. Offered fully furnished and turnkey, the property is currently part of a successful vacation rental program. Whether enjoyed as-is, continued as an income-producing rental, or envisioned as a future custom riverfront estate, this is a prime opportunity to own one of the most sought-after riverfront locations in Cape Coral.