$459,900
2 Bed Pool Home for Sale in Yacht Club
5246 Tower Drive, Cape Coral, FL, 33904
About this home
Amazing New Price! Hidden gem located in the highly desired Yacht Club of Cape Coral. Direct Gulf access-no bridges, within 10 minutes of open water just off of Bimini Basin...location is primo!! This home has been completely remodeled from top to bottom including interior and exterior paint, new flooring and trim, new light fixtures inside and out, newly remodeled baths and kitchen and Plantation shutters throughout the home. Access the large screened in lanai and pool area from the living room and owner's suite. Abundant cabinet space and pantry in the kitchen along with a pass through window to lanai. Beautiful vegetation including a mango tree in the back yard. Quick boating access to the new upcoming Bimini Square opening in 2025 that will be home to Deep Lagoon waterfront restaurant and a variety of retail shops.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1961
- Interior
- 1,428 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 776
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,439/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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 |
|---|---|---|---|---|---|
| 5220 Tower Drive | Aug 2026 | $400,000 | 2/2 | 1,268 | $315 |
| 5255 Tiffany Court | Aug 2026 | $439,900 | 3/2 | 1,446 | $304 |
| 5310 Colonade Court | Sep 2025 | $410,000 | 3/2 | 1,370 | $299 |
| 5330 Cobalt Court | Aug 2026 | $525,000 | 3/2 | 1,509 | $348 |
| 5334 Cobalt Court | Oct 2025 | $430,000 | 3/2 | 1,288 | $334 |
| 5249 Sunset Court | Jul 2026 | $460,000 | 3/2 | 1,540 | $299 |
| Average | 6 comps | $444,150 | $317 |
Market trends, Yacht Club
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $164,900 (27.5%) from the original list price.
| Jul 1, 2026 | Sold | $435,000 |
| Dec 30, 2024 | Price reducedfrom $549,900 | $459,900 |
| May 14, 2024 | Listed | $599,900 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Built 1961 — 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.
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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.