2 Bed Waterfront Home for Sale in Yacht Club
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For SaleMLS# 2026035358

$387,000

2 Bed Waterfront Home for Sale in Yacht Club

5201 Glade Court, Cape Coral, FL, 33904

2 beds1 baths1,061 sqft1 garage
GatedBoatingWaterfront

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.

Above marketThis home is priced above comparable recent sales.
This home
$365/sqft
Comp median
$294/sqft
Difference
+24%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4969 Viceroy Street 106Apr 2026$347,5002/21,174$296
4719 SE 17th Place 208May 2026$330,0002/21,124$294
4647 SE 17th Place 103Apr 2026$360,0002/2982$367
329 SE 47TH TerraceJun 2026$330,0003/21,259$262
4501 SE 1st AvenueOct 2025$300,0002/21,123$267
4421 SE 1st AvenueMay 2026$420,0003/21,200$350
Average6 comps$347,917$306

Market trends, Yacht Club

Median list
$1,375,000
Median $/sqft
$664
Median sold (90d)
$460,000
Avg days on market
137
Active listings
11
Median sold price · Yacht Club
$460,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1962 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (VE) — flood insurance likely required
Location convenienceHigh
Hospital
4.6 mi
HealthPark Medical Center
Beach
7.1 mi
Fort Myers Beach
Airport
6 mi
Page Field (Fort Myers)
Shopping
5.1 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.