$579,000
3 Bed Pool Home for Sale in Cape Coral
5330 Cobalt Court, Cape Coral, FL, 33904
About this home
Come sail away down the DIRECT ACCESS, Cobalt canal. Just seconds to the open water and minutes to Island Beaches of Fort Myers, Sanibel & Captiva. Try world class Tarpon fishing at Boca Grande or maybe lunch around the bend at Bimini Basin restaurant. This Yacht Club updated coastal furnished home is TURNKEY ready for your vacation home or seasonal rental. A bright sunny interior greets you with this open plan with lots of glass to view the pool and canal. Easy care light luxury vinyl plank featured in great room and bedrooms and oversized tile in kitchen and baths. Come discover the always popular yacht club area with cul de sac streets leading to the Caloosahatchee gulf access river. Enjoy swimming in your heated pool with large sunning deck with pavers. Toast the sunsets at your dock with updated tiki. This home has been updated and well maintained. 2016 updates inc: roof, pool cage, flat deck, pavers, A/C, pool heater. 2017: new wooden dock & tiki, pool resurfaced, new skimmer and A/C ducts. In 2018: house repiped. 2022: 8 windows and new electric panel. After Hurricane Ian, mold tough drywall installed, new paint & new vanities. 2024: new kitchen cabinets, new washer & dryer, new fridge and all new furniture. The den has been converted into THIRD bedroom and is ready with king sized bed for your guests! Extra wide driveway for all of your family and visitors. Everything is ready to start enjoying you vacation pool home. Don't spend another winter shoveling snow and only worries here where to go boating today or what time are the margaritas ready! Buy today as an investment as a seasonal rental and later build your new home in this great boating location. There are many new homes being built in the area now. This home has been professionally managed and has tenants ready for next season. Villa Cobalt Caye has wonderful reviews on mgmt site. New owner can use this company or their own. Ride your bike to the River front beach now and know in the future you or your tenants will be able to share in the amenities being built into the new Yacht Club public marina and beach space: including dock, marina & restaurants. How about after a day of boating being less than 1.5 miles to downtown entertainment district with many new open air design seafood restaurants, gastro pubs, and a vibrant night life that has events all season. A past tenant has interest in coming back too! Come check out this Direct access gem today!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1963
- Interior
- 1,509 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 107
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,106/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- 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 7 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 |
|---|---|---|---|---|---|
| 5344 Coral Avenue | May 2026 | $575,000 | 4/2 | 1,560 | $369 |
| 5318 Congo Court | Jun 2026 | $625,000 | 3/2 | 1,657 | $377 |
| 135 SW 56th Terrace | Nov 2025 | $620,000 | 3/2 | 1,668 | $372 |
| 4832 Triton Court | Jun 2026 | $505,000 | 3/2 | 1,394 | $362 |
| 1105 Lenox Court | Dec 2025 | $565,000 | 3/2 | 1,554 | $364 |
| 5252 Willow Court | Aug 2026 | $495,000 | 3/2 | 1,605 | $308 |
| Average | 6 comps | $564,167 | $359 |
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 $74,000 (12.4%) from the original list price.
| Aug 26, 2026 | Sold | $525,000 |
| Jun 12, 2026 | Price reducedfrom $599,000 | $579,000 |
| May 4, 2026 | Listed | $599,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Built 1963 — 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.