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Vacant Waterfront Lot For Sale in the Boating Community of South Gulf Cove. The property is 80x125 in size with a southern rear exposure. All utilities are in place now making this a Prime Location to build your new home. We work wi... more.th several area builders covering all price points, so contact me for available floor plans and pricing. Only one bridge to open water giving you quick access to the Charlotte Harbor and then the Gulf of Mexico. South Gulf Cove offers multiple parks, a boat ramp and sidewalks for your enjoyment. The property is located roughly 20 minuets to the beaches on Boca Grande Island, 15 minutes to shopping / dining and 10 minutes to over six semi-private golf courses. New Home Construction is booming in the area, so buy now before it drives prices up any higher.