Place the unopened can of coconut milk in hot water for a few minutes to soften it, making it easier to mix later.
Squeeze fresh limes until you have about one cup of juice, ensuring you remove any seeds before adding it to the pitcher.
Pour the lime juice into a large pitcher, add the sugar, and stir thoroughly until the sugar is completely dissolved.
Add the coconut extract and condensed coconut milk, then mix well until the liquid becomes smooth and evenly combined.
Pour in the water and stir again until everything is fully blended and the drink has a consistent texture.
Serve over ice with optional lime wedges for garnish while the drink is cold and refreshing.