$545,000
3 Bed Waterfront Home for Sale in Cape Coral
5358 Coral Avenue, Cape Coral, FL, 33904
About this home
Waterfront Retreat with Direct Gulf Access. Beautiful palm trees lining the front of the property. Experience the epitome of coastal living in this superb 3-bedroom, 2-bath home, offering over 2,200 sq ft of comfortably designed space. With western rear exposure, indulge in breathtaking sunset views from your private dock, complete with a 10,000 lb boat lift for and a five minute ride to open water. The primary bedroom is spacious with an attached ensuite, a separate large shower and jetted tub with dual sinks. Newer renovated kitchen with granite countertops, new stove, new microwave, 6 month old refrigerator, newer dishwasher, numerous cabinets and pantry. The living room is large and airy with great light. Polished Tube Skylight, which offers more light in the 2nd dining area or sitting room. Roof replaced 2023, AC and duct replaced 2018 And Replumed 2015. There is an indoor laundry with a laundry tub. Plenty of restaurants close by and quick off the Cape into Ft Myers!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1969
- Interior
- 2,256 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 245
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,630/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- 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
Amenities
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 4 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 |
|---|---|---|---|---|---|
| 529 Coral Drive | Aug 2026 | $410,000 | 3/2 | 2,237 | $183 |
| 647 Coral Drive | Jun 2026 | $460,000 | 3/2 | 2,341 | $196 |
| 5622 Deauville Court | Dec 2025 | $580,000 | 3/2 | 2,238 | $259 |
| 5231 Wisteria Court | Feb 2026 | $455,000 | 4/2 | 2,058 | $221 |
| Average | 4 comps | $476,250 | $215 |
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.
Price & status history
Down $130,000 (21.8%) from the original list price.
| Jan 20, 2026 | Sold | $465,000 |
| Oct 12, 2025 | Price reducedfrom $575,000 | $545,000 |
| Apr 23, 2025 | Listed | $595,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1969 — 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.
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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.