$520,000
2 Bed Pool Home for Sale in Cape Coral
5224 Tower Drive, Cape Coral, FL, 33904
About this home
One or more photo(s) has been virtually staged, AI generated or rendered. GULF ACCESS, HEATED SALTWATER POOL & SERIOUS RENTAL POTENTIAL IN ONE OF CAPE CORAL’S MOST DESIRABLE AREAS! This 2-bedroom, 2-bath waterfront home delivers the Florida lifestyle buyers and vacationers are looking for—boating, poolside living, and an incredible SE Cape Coral location. Major components have been updated, making this property ready to enjoy from day one. The backyard is a boater’s dream with a NEW dock, 10,000-lb boat lift, Gulf access, and the option for the boat to be included with the sale! Relax or entertain around the heated saltwater pool, while the sunroom adds valuable additional living space overlooking your private waterfront setting. Beyond being a fantastic full-time or seasonal residence, the combination of Gulf access, private pool, boating amenities, and prime location creates excellent vacation-rental appeal and income potential. Located in highly sought-after SE Cape Coral, close to waterfront restaurants, shopping, entertainment, and everything that makes this area one of Cape Coral's favorite places to live and vacation. Whether you're looking to live, vacation, boat, or invest, this is the complete SWFL package! 2006 COBIA BOAT INCLUDED IN THE SALE!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1965
- Interior
- 1,041 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,280/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Indirect — bridges/locks
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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 |
|---|---|---|---|---|---|
| 150 SW 53rd Street | Jan 2026 | $460,000 | 2/1 | 1,181 | $390 |
| 4421 SE 1st Avenue | May 2026 | $420,000 | 3/2 | 1,200 | $350 |
| Average | 2 comps | $440,000 | $370 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Private pool
- Gulf access (Indirect — bridges/locks)
- Built 1965 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — 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
$599,900
MLS# 20250066804928 SW 1st Court, Cape Coral, FL, 33914
$524,900
MLS# 2250769524902 Seville Court, Cape Coral, FL, 33904
$599,000
MLS# 20260069885237 SW 24th Avenue, Cape Coral, FL, 33914
$535,000
MLS# 20260275835122 SW 3rd Avenue, Cape Coral, FL, 33914
$575,000
MLS# 2260085001305 SE 29th Terrace, Cape Coral, FL, 33904
$545,000
MLS# 20260186895242 Seagull Court, Cape Coral, FL, 33904
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.