$535,000
3 Bed Pool Home for Sale in Cape Coral
5304 Bayshore Avenue, Cape Coral, FL, 33904
About this home
Fabulous teardown investment opportunity! The lowest priced, huge double lot, teardown home in the sought after Yacht Club neighborhood with direct gulf access. The home has been water damaged and the opportunity is here to build a multi million dollar home to nestle among the others already built. The double lot gives the potential for the largest home on the street.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1973
- Interior
- 2,266 sqft
- Lot size
- 16,465.68 sqft
- Acreage
- 0.38 acres
- Garage
- 1 car
- Days on market
- 21
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,490/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 Unpaid
- Sewer
- Assessment Unpaid
- 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 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 |
| 5358 Coral Avenue | Jan 2026 | $465,000 | 3/2 | 2,256 | $206 |
| 647 Coral Drive | Jun 2026 | $460,000 | 3/2 | 2,341 | $196 |
| 5622 Deauville Court | Dec 2025 | $580,000 | 3/2 | 2,238 | $259 |
| Average | 4 comps | $478,750 | $211 |
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
- Waterfront
- Built 1973 — 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.