Roelens Vacations · Exclusive Owner Access
Own a Unit Where Koen Invests
Lake Shadroe Resort & Marina is Cape Coral's first purpose-built condo-hotel. Koen Roelens is investing his own capital. Whole ownership starting at $950/SF and fractional shares from $299,000 — available exclusively to existing Roelens owners before construction financing closes.
The View from Your Balcony
Why Your Operator Is Investing His Own Money
You already trust Roelens Vacations with your property. Koen manages 300+ units across Cape Coral — he knows this market better than anyone. Lake Shadroe is the first project where he's putting his own capital alongside yours as an LP co-investor. His income depends on maximizing yours. That alignment is rare, and it's the reason these units are being offered to his existing owners first.
$950/SF
Launch Pricing
vs. $1,565–$1,770 appraised
$44K/yr
Net Operating Income
C1 unit · 70% occ · 20% mgmt
4.1%
Cap Rate (Cash Basis)
Growing as resort stabilizes
The Investment Case
39% Below Appraised Value
Buy new waterfront resort real estate with built-in equity from day one
BBG, a nationally recognized MAI appraisal firm, independently valued completed Lake Shadroe units at $1,565–$1,770/SF. Launch pricing starts at $950/SF. That's 39% below appraised value — immediate equity in a brand-new resort asset with rental income that covers the majority of your carry and structural protections no older building can offer.
$81.68M
BBG Appraised Value
$24.98M
GMP — Curran Young Construction
Protected
Commercially Zoned — Rental Rights by Law
Reclassified
FEMA Flood Zone — Engineered Out
The Insurance Advantage
Aged Resale Condo
$1,050/mo
insurance + flood · Zone AE · aged structure
vs.
Lake Shadroe
$250/mo
new construction · carved out of flood zone
Lake Shadroe is engineered out of the high-risk flood zone through FEMA's CLOMR→LOMR process. Combined with new construction built to 2025 Florida Building Code, your annual operating costs are $9,600/year lower than an older building — money that flows directly to your NOI.
Pool · Beach · Marina · 7 Stories on the Water
Why This Is Different From Anything Else in Cape Coral
A Hotel in a City That Doesn't Have Enough Hotels
Cape Coral has over 200,000 residents and is growing by 25,000+ per year. It has fewer than 500 traditional hotel rooms. A Hampton Inn. A Holiday Inn Express. A Westin. That's essentially it. Lake Shadroe fills a structural supply gap — your unit isn't competing for guests against thousands of VRBO listings. It's competing against the Westin at $250–400/night.
Hospitality Product, Not a Residential Commodity
An older canal-front condo listed on VRBO competes on price against thousands of identical listings. No concierge, no restaurant, no marina. Lake Shadroe has an infinity pool, Dalal spa & wellness club, waterfront restaurant, full-service marina, and professional check-in. Guests aren't choosing between your unit and a VRBO — they're choosing between your unit and a hotel.
Your Rental Rights Can Never Be Taken Away
Lake Shadroe is zoned and permitted as a condo-hotel on commercial land. No HOA vote can restrict your right to rent nightly. No municipal STR ban applies. This is entitlement-level protection — the kind of certainty that older residential condos simply cannot offer. One bad HOA election at a residential building can wipe out your rental income overnight. That can't happen here.
Florida Changed the Rules on Old Buildings
After Surfside, Florida mandated structural inspections and full reserve funding for every condo building 3+ stories tall. Associations can no longer waive reserves. The result: special assessments of $50K–$400K+ per unit hitting owners across the state. HOA fees doubling. Insurance on aged structures skyrocketing. That's why older waterfront condos are sitting on the market — the sticker price hides the true cost. Lake Shadroe has zero exposure to any of this. New construction. Fully funded reserves from day one. No surprises.
Engineered Insurance Certainty
The site has been engineered through FEMA's CLOMR→LOMR floodplain modification to reclassify out of the high-risk flood zone. Combined with new construction to 2025 Florida Building Code — hurricane-rated concrete and steel, impact windows — your insurance costs are a fraction of what older buildings pay. That's not marketing. That's engineering.
What's Happening Around Lake Shadroe
$2.5 Billion in Development — Same Corridor
On January 21, 2026, Cape Coral City Council unanimously approved Seven Islands — a $1 billion mixed-use resort development on Old Burnt Store Road, minutes from Lake Shadroe. The project includes 995 residential units, a 240-room Marriott hotel, a full-service marina, resort lagoon, waterfront restaurants, and a community island with public amenities. Civil construction begins fall 2026. Forest Development, the institutional sponsor behind the project, called it "a unique destination gateway for Cape Coral."
Seven Islands isn't alone. Cape Coral has over $2.5 billion in active, approved development underway — including Cape Coral Grove ($1.3B, luxury apartments and hotel on Pine Island Road), Hudson Creek ($100M mixed-use), and Bimini Square ($100M, already open on the waterfront). The Cape Coral Bridge replacement ($484M) and North 1 utilities expansion are unlocking 17,000+ new homes north of Pine Island Road.
Why Early Movers Benefit
Lake Shadroe will be completed and generating rental income before Seven Islands starts vertical construction. You're acquiring at $950/SF in a corridor where institutional capital is about to invest over a billion dollars in resort and hospitality infrastructure down the road. By the time those projects deliver — likely 2029–2030 — Lake Shadroe will already be stabilized, appreciated, and cash-flowing.
The Long-Term Appreciation Picture
Southwest Florida waterfront property has appreciated approximately 77% over the past decade — roughly 5.9% annually — through two hurricanes and a pandemic. Lee County grew from 620,000 to over 820,000 residents since 2010, a 30%+ population increase driven almost entirely by in-migration. The current price correction has returned Cape Coral to October 2021 levels — a normalization from the 2021–2022 spike, not a structural decline. For investors, this is a buying window in a market with strong long-term fundamentals and a supply of new waterfront resort product that is exactly one — this project.
What You're Buying
✓
Fee-Simple OwnershipIndividually deeded. Hold in an LLC, trust, or personally. 1031 exchange eligible. No lock-ups. Your asset.
✓
Professional Management from Day OneRoelens Vacations handles everything — pricing, bookings, turnovers, maintenance, guest communications. You collect income.
✓
Condo-Hotel Zoning — Permanent Rental RightsCommercial zoning at the permit level. No HOA vote or city ordinance can restrict your nightly rental use. Ever.
✓
Carved Out of the Flood ZoneCLOMR→LOMR engineering = reduced FEMA classification. Insurance certainty that older buildings cannot replicate.
✓
Zero SB 4-D ExposureNo milestone inspections, no reserve catch-up, no special assessments. Fully compliant new construction.
✓
Resort Amenities IncludedMarina with slips, Dalal spa & wellness, waterfront restaurant, infinity pool, mini-beach. Built in, not bolted on.
✓
Saltwater Lake — Minutes to the GulfDirect waterfront with marina access to open water. Upper floors overlook Matlacha Sound. Views that can never be obstructed.
✓
Warranty & Zero Deferred MaintenanceNew construction warranties on structure, systems, and finishes. No hidden concrete issues, no aging plumbing, no surprise HVAC bills.
Your Evening at Lake Shadroe
Whole Ownership — Exclusive Priority Pricing
Available only to Roelens Vacations owners · $25,000 refundable reservation deposit
Best Value
Floor 1 · C1
1,125 SF · 2 Bedroom / 2 Bath
$1,069,375
$950/SF — Launch Pricing
Annual Gross RevenueRoelens Vacations · 70% occupancy
$67,570/yr
Less: Management Fee (20%)
–$13,514/yr
Less: HOA + Insurance
–$9,600/yr
Annual NOI (Cash Basis)
$44,456
NOI $44,456/yr · Cap Rate 4.2% · 39% below appraised value
Floor 1 · B1
1,350 SF · 3 Bedroom / 3 Bath
$1,282,500
$950/SF — Launch Pricing
Annual Gross RevenueRoelens Vacations · 70% occupancy
$58,716/yr
Less: Management Fee (20%)
–$13,514/yr
Less: HOA + Insurance
–$9,600/yr
Annual NOI (Cash Basis)
$37,373
NOI $37,373/yr · Cap Rate 2.9% · Largest unit type
Water View
Floor 2 · C1
1,125 SF · 2 Bedroom / 2 Bath
$1,096,875
$975/SF — Launch Pricing
Annual Gross RevenueRoelens Vacations · 70% occupancy
$67,570/yr
Less: Management Fee (20%)
–$13,514/yr
Less: HOA + Insurance
–$9,600/yr
Annual NOI (Cash Basis)
$44,456
NOI $44,456/yr · Cap Rate 4.1% · Water view
Higher Floor
Floor 3 · C1
1,125 SF · 2 Bedroom / 2 Bath
$1,237,500
$1,100/SF — Launch Pricing
Annual Gross RevenueRoelens Vacations · 70% occupancy
$67,570/yr
Less: Management Fee (20%)
–$13,514/yr
Less: HOA + Insurance
–$9,600/yr
Annual NOI (Cash Basis)
$44,456
NOI $44,456/yr · Cap Rate 3.6% · Higher floor premium
Premium Floor
Floor 4 · B1
1,350 SF · 3 Bedroom / 3 Bath
$1,552,500
$1,150/SF — Launch Pricing
Annual Gross RevenueRoelens Vacations · 70% occupancy
$58,716/yr
Less: Management Fee (20%)
–$13,514/yr
Less: HOA + Insurance
–$9,600/yr
Annual NOI (Cash Basis)
$37,373
NOI $37,373/yr · Premium floor · Largest unit type
Floors 5–6 · Premium Water Views
Fractional Ownership
Own a deeded fraction of a premium upper-floor Lake Shadroe unit. Two paths — pure investment or lifestyle use.
Investor Fractional
$299,000
Per 1/8 share · Floors 5–6
100% in Roelens rental pool
Quarterly cash distributions
Depreciation / cost seg / 1031 eligible
Premium upper-floor water views
Lifestyle Fractional
$299,000
Per 1/8 share · Floors 5–6
6–7 weeks personal use per year
Real deeded ownership with equity
Remaining weeks in rental pool
Premium upper-floor water views
Fractional offering details available upon request. Contact Koen to discuss ownership structure and reserve your shares.
Frequently Asked
Questions
Is my deposit refundable?
Yes. The $25,000 deposit is fully refundable until closing.
Can I use a 1031 exchange?
Yes. Both whole units and investor fractional shares qualify as replacement property.
When does construction start?
Upon closing of the construction loan, currently in final stages.
What's the difference between investor and lifestyle fractional?
Investor fractional: your share generates rental income through Roelens Vacations' management program. Lifestyle fractional: you use the unit personally for 6-7 weeks per year.
How is this different from a timeshare?
Lake Shadroe fractional is real deeded property. You own a recorded interest, build equity as the property appreciates, and can sell your share at any time. Unlike timeshare, there are no depreciating points, no high-pressure resale restrictions, and no 40-60% sales markup.
This Is an Exclusive Offer to Roelens Vacations Investors
These five launch units and their priority pricing are available only to existing Roelens Vacations owners — the investors Koen trusts most. A $25,000 refundable reservation deposit secures your preferred unit. Once these five are reserved, launch pricing is closed permanently.
Koen Roelens · koen@roelensvacations.com · (239) 673-5112
Roelens Vacations · 1404 Del Prado Blvd S, Unit 110 · Cape Coral, FL 33990