3 Bed Pool Home for Sale in Cape Coral
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For SaleMLS# 2026033459

$539,900

3 Bed Pool Home for Sale in Cape Coral

5312 Coral Avenue, Cape Coral, FL, 33904

3 beds2 baths1,658 sqft1 garage
GatedBoatingWaterfront

About this home

Direct sailboat Gulf access. Pool home. Private boat slip. City water and sewer paid. South of the Parkway. Yacht Club neighborhood. At this price, this combination rarely comes along. Completely remodeled Yacht Club pool home positioned in one of the most coveted areas in all of Cape Coral. Offering 3 bedrooms, 2 bathrooms, and 1,658 square feet of completely updated living space on a private corner lot, this home delivers the Yacht Club lifestyle at a price point that is increasingly difficult to find south of the Parkway with direct Gulf access. The updates are done, and the home is move-in ready. Luxury vinyl plank flooring runs throughout, delivering a clean, contemporary look with lasting durability. The updated kitchen features granite countertops, refreshed cabinetry, and an updated appliance package, equally suited for casual weeknight dinners and weekend entertaining. A new roof installed in March 2024 provides long-term peace of mind and real value for buyers and their lenders. City water and sewer are connected and paid in full, a meaningful advantage that adds everyday value and simplifies financing. The home is immaculate, well-maintained, and ready to enjoy from day one. Step outside to your private pool and backyard retreat, a lush tropical corner lot framed by flowering trees, colorful plantings, and the kind of mature private landscaping that takes years to establish. This is a backyard that immediately feels like a vacation, not a project. The boating access is where this property truly shines. A private boat slip and direct sailboat Gulf access put you on open water in just 2 to 3 turns with no bridges, minutes from the Gulf, Sanibel, Captiva, barrier island beaches, world-class fishing, and waterfront dining destinations accessible by boat. This is the effortless boating lifestyle that buyers move to Cape Coral for. The location places you at the heart of Cape Coral's most exciting waterfront transformation. The $225 million Yacht Club Community Park redevelopment, the largest public investment in the city's history, will deliver a new resort-style pool, expanded marina, riverfront beach, waterfront dining, and boutique retail just minutes away. Bimini Square brings Bimini Basin Seafood and Cocktails, House of Omelets, boutique retail, and a Lee Health outpatient clinic to the waterfront. The Cove at 47th, Cape Coral's walkable downtown entertainment district, offers Oak and Stone, Aqua Seafood and Steaks, a rooftop bar, and Seed and Bean Market. Slipaway Food Truck Park and Marina, Tarpon Point Marina, The Westin Cape Coral Resort, and waterfront dining at Gather, Rumrunners, Marker 92, and Pinchers are all within easy reach by car or boat.

Property details

Type
SingleFamilyResidence
Year built
1963
Interior
1,658 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%)
$7,559/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
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.

At marketThis home is priced in line with comparable recent sales.
This home
$326/sqft
Comp median
$325/sqft
Difference
0%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5344 Coral AvenueMay 2026$575,0004/21,560$369
5301 Delano CourtNov 2025$600,0003/21,771$339
5249 Sunset CourtJul 2026$460,0003/21,540$299
5617 Coronado CourtMay 2026$530,0003/21,712$310
Average4 comps$541,250$329

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,500
Median sold price · Cape Coral
$387,500last 3 months7.6% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
13.2% MoM25.4% YoY
$340k$393k$445kJul ’25Aug ’26
$445,000Aug ’26 · 91 sales

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

Pros
  • Private pool
  • Waterfront
Consider
  • Built 1963 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5 mi
HealthPark Medical Center
Beach
6.9 mi
Fort Myers Beach
Airport
6.6 mi
Page Field (Fort Myers)
Shopping
5.7 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.