$387,000
2 Bed Waterfront Home for Sale in Yacht Club
5201 Glade Court, Cape Coral, FL, 33904
About this home
Rare Gulf-access opportunity in Cape Coral’s highly desirable Yacht Club neighborhood! Situated on a corner lot with 80-foot waterfront on a canal, this property is approximately 10 minutes and only one bridge from the Caloosahatchee River. The existing single-story residence offers 2 bedrooms plus a den, 1 bathroom, approximately 1,301 square feet of living space, and an attached 1-car garage. The home is livable but mostly original, giving buyers the flexibility to renovate to their own style or build a new waterfront residence on this unique lot. A new roof was installed in 2021. Located near downtown Cape Coral, dining, shopping, and entertainment. This property presents outstanding potential for investors, builders, boaters, or buyers looking to create their own piece of paradise in one of Cape Coral’s most recognized waterfront communities.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1962
- Interior
- 1,061 sqft
- Lot size
- 11,456.28 sqft
- Acreage
- 0.26 acres
- Garage
- 1 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,418/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- None listed
- Exposure
- Northeast
- Waterfront
- Yes
- 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 15 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 |
|---|---|---|---|---|---|
| 4969 Viceroy Street 106 | Apr 2026 | $347,500 | 2/2 | 1,174 | $296 |
| 4719 SE 17th Place 208 | May 2026 | $330,000 | 2/2 | 1,124 | $294 |
| 4647 SE 17th Place 103 | Apr 2026 | $360,000 | 2/2 | 982 | $367 |
| 329 SE 47TH Terrace | Jun 2026 | $330,000 | 3/2 | 1,259 | $262 |
| 4501 SE 1st Avenue | Oct 2025 | $300,000 | 2/2 | 1,123 | $267 |
| 4421 SE 1st Avenue | May 2026 | $420,000 | 3/2 | 1,200 | $350 |
| Average | 6 comps | $347,917 | $306 |
Market trends, Yacht Club
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Waterfront
- Built 1962 — 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.