$769,000

About this home

Hot Cape Coral Yacht Club location — set in a boater’s dream location, with luxury boats lining the Cortez Canal and effortless straight-out Gulf access — no bridges, no locks. Situated at 5349 Cobalt Ct, this premier waterfront home sits mid-canal near the cul-de-sac, offering easy navigation, deep water, and a prime saltwater canal setting. Just a short distance to the City of Cape Coral’s Masterplan Cape Coral Yacht Club Community Park — a $225 million redevelopment featuring a marina, public beach, pier, and more. Living near this crown jewel is truly a once-in-a-lifetime opportunity. The property features an 80' seawall, wide 70' Cortez Canal, and a private heavy-duty electric boat lift with four motors, high lifting capacity appx 10,000lbs, and kept in excellent condition to protect your boat investment. Step into your outdoor oasis with a sparkling blue concrete pool, complete pool renovation, travertine pool deck, stone paver sundeck, screened-in real lanai, and a convenient pool bath. The fully fenced 6' privacy yard adds comfort and security, while accordion hurricane shutters and Lexan storm panels provide strong storm protection. Inside, the home showcases a huge, airy open floor plan like no other, with expansive living areas that flow seamlessly into a massive entertaining kitchen designed for hosting big crowds and unforgettable gatherings. The rear dining area overlooks the water, and wall-to-wall glass sliders fill the home with natural light and frame stunning views of the pool and canal. Recessed lighting and luxury vinyl flooring throughout create a bright, modern coastal feel. The interior has been beautifully refinished with fresh texture on walls and ceilings, giving the entire home the crisp, clean look and feel of a brand-new residence. The professionally remodeled kitchen features custom-designed modern white soft-close cabinetry, quartz countertops, and stainless-steel appliances. Both bathrooms have been completely remodeled with modern finishes and updated fixtures. Additional upgrades include new interior and exterior doors, new light fixtures, new mirrors, new toilets, new outlets and switches, and all-new interior and exterior hardware and finishes. Major systems have also been updated, including a newer 30-year dimensional shingle roof, newer HVAC system, and newer hot water tank. Offering 3 bedrooms, 2 bathrooms, a 2-car garage, and 1,956 sq ft of air-conditioned living space, this home delivers the best of Cape Coral waterfront living — deep water, premium boating access, and a prime Yacht Club neighborhood — all wrapped in a fresh, modern, fully renovated interior. This is one gulf access waterfront pool home you don't want to miss seeing! No HOA in this community. Wonderful month-to-month tenant in place—excellent income potential... tenant may be open to staying long-term if interested. Call today for more information and details.

Property details

Type

SingleFamilyResidence

Year built

1971

Interior

1,956 sqft

Lot size

10,018.8 sqft

Acreage

0.23 acres

Garage

2 car

Days on market

0

Total association fees

None

CDD

None

Est. taxes (1.4%)

$10,766/yr

Flood zone (area est.)

Yes · High risk (AE)

Storm protection

Shutters

Exposure

East

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.

Recently sold nearby

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

The good, the trade-offs & the location

Nearby schools

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