$1,950,000
3 Bed Pool Home for Sale in Cape Coral
656 Coral Drive, Cape Coral, FL, 33904
About this home
Step into this Florida Riverfront Retreat where classic coastal character meets beautifully renovated living along the majestic Caloosahatchee River! This exceptional Riverfront Home captures the essence of the Florida Lifestyle with a gleaming metal roof, expansive wraparound decking, and a coveted Southern Rear Exposure that fills the pool and outdoor living spaces with warm sunshine throughout the day! From the moment you arrive, the setting is unmistakable. Wide-open water views stretch toward the horizon, creating a spectacular backdrop for morning coffee, afternoon poolside gatherings, or unforgettable sunsets over the river. The generous wraparound deck invites you to slow down, relax, and enjoy the outdoors—just as Florida living was meant to be. The beautifully completed renovations thoughtfully enhance the home's original Florida character while providing the comfort and style today's buyer expects. Every improvement works together to create a residence that feels both authentic and effortlessly sophisticated. Beyond the pool deck, the beautiful Caloosahatchee River becomes your backyard playground. Watch pelicans dive for their next meal, boats cruise along the River, and Florida's natural wildlife unfold right before your eyes! With 122' of expansive water frontage and an extraordinary sense of privacy and space, this is a property where you can truly embrace the outdoors—whether you're boating, fishing, exploring, or simply soaking up the sunshine. This is more than a beautifully renovated home. It is an invitation to own almost 1/2 Acre of such a remarkable waterfront setting, that the location will always lend itself well for a future location of a much larger SWFL Dream Home in this Exceptional Neighborhood. Call today for your private showing appointment!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1987
- Interior
- 2,927 sqft
- Lot size
- 18,774.36 sqft
- Acreage
- 0.43 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $27,300/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 6 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 |
|---|---|---|---|---|---|
| 825 Miramar Court | Oct 2025 | $1,825,000 | 4/3 | 3,008 | $607 |
| 5333 Majestic Court | Apr 2026 | $1,872,500 | 4/4 | 3,015 | $621 |
| 1135 Lorraine Court | Feb 2026 | $1,850,000 | 4/3 | 3,029 | $611 |
| 5254 Tamiami Court | Mar 2026 | $2,180,000 | 4/4 | 3,052 | $714 |
| 5211 Tamiami Court | Apr 2026 | $1,750,000 | 4/3 | 2,822 | $620 |
| 5205 Tamiami Court | Apr 2026 | $1,925,000 | 3/3 | 2,781 | $692 |
| Average | 6 comps | $1,900,417 | $644 |
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.
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Storm protection: Shutters
- 2-car garage
- Built 1987 — 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.