$324,000
2 Bed 2 Bath SingleFamilyResidence for Sale in YACHT CLUB, FL
5736 Riverside Drive, Cape Coral, FL, 33904
About this home
HISTORIC CHARM • YACHT CLUB LOCATION • TURNKEY & REMODELED Welcome to 5736 Riverside Dr, Cape Coral, FL 33904, an adorable and truly rare home located in the premier Cape Coral Yacht Club community. This special property is one of the first eight homes built in all of Cape Coral and has been lovingly owned by the same family since 1958, when it was built! Completely remodeled in 2023–2024, the home offers modern peace of mind with all-new drywall, new flooring, new cabinetry, brand-new roof, new plumbing, new electrical, newer garage door, newer Bahama shutters, and hurricane shutters on all windows. The home is being offered fully furnished and turnkey, featuring beautiful furnishings throughout. Strong rental history. Enjoy classic Florida living with two quaint screened-in lanais-one welcoming you at the front porch and another overlooking the backyard. While there is no pool, the private backyard offers plenty of room to add one or create your own outdoor oasis. Situated on one of the best streets in the Yacht Club, enjoy a quick golf cart ride to Cape Coral Beach, the future marina, dining, and entertainment. The Cape Coral Yacht Club is undergoing a $225 million redevelopment, including a new community center, resort-style pool, marina, waterfront restaurant, and expanded parking-adding tremendous future value to this already exceptional location. Whether you’re looking for a primary residence, vacation home, or investment, this historic and beautifully updated property is a rare opportunity in one of Cape Coral’s most iconic neighborhoods. WELCOME TO PARADISE!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1958
- Interior
- 1,515 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 16
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,536/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- Shutters
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 20 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 718 Coral Drive | Nov 2025 | $340,000 | 3/2 | 1,535 | $221 |
| 708 El Dorado Parkway | Mar 2026 | $292,000 | 3/2 | 1,393 | $210 |
| 14590 Grande Cay Circle 2602 | Apr 2026 | $357,500 | 2/2 | 1,633 | $219 |
| 5279 Stratford Court | Jun 2026 | $355,000 | 2/2 | 1,532 | $232 |
| 412 Bayshore Drive | Jul 2025 | $290,000 | 3/2 | 1,370 | $212 |
| 14521 Grande Cay Circle 2902 | Sep 2025 | $285,000 | 2/2 | 1,633 | $175 |
| Average | 6 comps | $319,917 | $212 |
Market trends — Yacht Club
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $1,000 (0.3%) from the original list price.
| Apr 3, 2026 | Sold | $323,000 |
| Feb 10, 2026 | Listed | $324,000 |
The good, the trade-offs & the location
- Storm protection: Shutters
- Built 1958 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (VE) — flood insurance likely required
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
Similar homes nearby
$276,999
MLS# 20260311701379 Golf Drive, Fort Myers, FL, 33919
$379,500
MLS# 202501689313616 Gulf Breeze Street, Fort Myers, FL, 33907
$280,000
MLS# 2026021124225 SW 37th Street, Cape Coral, FL, 33914
$299,000
MLS# 20250067034120 STEAMBOAT Bend 104, Fort Myers, FL, 33919
$320,000
MLS# 20260232772212 SW Santa Barbara Place, Cape Coral, FL, 33991
$284,900
MLS# 20260262933227 Santa Barbara Boulevard, Cape Coral, FL, 33914
Similar communities
Matched by amenities, price tier, and location to Yacht Club.
Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.