$410,000

About this home

5155 Sunnybrook Court is the kind of Cape Coral waterfront opportunity buyers say they want, then hesitate on until someone else takes it. Priced at $425,000, this property sits in one of Cape Coral’s true sailboat-access boating corridors just south of Bimini Basin, with Gulf access, no bridges, a private boat dock, canal frontage, central water and sewer, and an 80x125 lot offering approximately 10,019 square feet. The existing 2-bedroom, 1-bath, 1,063-square-foot home can be renovated, rented, used as a seasonal waterfront getaway, or treated as a bonus structure while planning a future new-construction build. The MLS report confirms the property is active at $425,000, offers waterfront canal frontage, Gulf access with no bridges, a private boat dock, room for a pool, no HOA fees, and a 0.23-acre lot. The upside here is the land, the boating access, and the location. Buyers looking to build a brand-new waterfront home in Cape Coral are rarely finding this type of entry point in a premium Gulf-access corridor. This lot gives you the ability to design a modern coastal home, add a pool, maximize the water views, and create a property positioned for long-term value in an area where newer waterfront homes continue to command significantly higher pricing. This is not a property where the old house needs to be the whole story. The better way to look at it is simple: buy the waterfront position now, then decide the exit strategy. Renovate and hold. Rent it. Use it personally. Build new. Build a spec home. Create a luxury boating retreat. The flexibility is exactly what makes this opportunity different. Location matters, and this one has it. You are near Bimini Basin, downtown Cape Coral, dining, entertainment, marinas, and open-water boating routes, with direct sailboat access for buyers who understand the value of no-bridge Gulf access. For boaters, builders, investors, and buyers who want to secure a prime waterfront lot before prices move again, this is the window. Prime Gulf-access lots at this price point are getting harder to find, especially with no HOA, no bridges, room for a pool, and a private dock already in place. Buyers waiting for the perfect new-construction waterfront home may end up paying far more later for what they can control now. Secure the lot, build the vision, and own one of the more affordable entry points into Cape Coral’s true sailboat-access waterfront lifestyle.

Property details

Type

SingleFamilyResidence

Year built

1964

Interior

1,063 sqft

Lot size

10,018.8 sqft

Acreage

0.23 acres

Garage

1 car

Days on market

180

Total association fees

None

CDD

None

Est. taxes (1.4%)

$5,740/yr

Flood zone (area est.)

Yes · High risk (AE)

Storm protection

None listed

Exposure

East

Waterfront

Yes

Gulf access

No

Gulf access type

N/A

Pool

No

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.

Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

Price & status history

Down $15,000 (3.5%) from the original list price.

The good, the trade-offs & the location

Nearby schools

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