3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
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SoldMLS# 2025000331

$475,000

3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL

5334 Cobalt Court, Cape Coral, FL, 33904

3 beds2 baths1,288 sqft1 garage
BoatingWaterfront

About this home

DIRECT SAILBOAT (no bridges) ACCESS 2 MINUTES TO THE CALOOSAHATCHEE RIVER AND THE GULF OF MEXICO/AMERICA LOCATED IN THE EXCLUSIVE YACHT CLUB NEIGHBORHOOD. Prestigious Cape Coral Yacht Club area is changing fast and million dollar hosues are beeing buildt on the street. Western Exposure. Sun all day on the deck and towards the beautiful sunsets. Only a short drive, bike ride, or golf cart away from to the closest Sandy Beach - Yacht Club Beach, Restaurants, and all the amenities in Down Town Cape Coral has to offer. This home features 3 bedrooms/2 baths. On the lanai is a jacuzzi for you to enjoy, A/C - 2023, Both bathrooms renovated 2022, Concrete and Wooden dock. This property is a great opportunity for those seeking a well priced home in a highly desirable location. 30 min to Sanibel Island or Fort Myers Beach. 25 min to South West Florida International Airport (RSW). Welcome!

Property details

Type
SingleFamilyResidence
Year built
1963
Interior
1,288 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
32
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,650/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
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Amenities

SeeRemarks

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.

Above marketThis home is priced above comparable recent sales.
This home
$369/sqft
Comp median
$305/sqft
Difference
+21%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
5310 Colonade CourtSep 2025$410,0003/21,370$299
5246 Tower DriveJul 2026$435,0002/21,428$305
5275 Stratford CourtJul 2025$515,0003/21,297$397
Average3 comps$453,333$334

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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.

Price & status history

Down $45,000 (9.5%) from the original list price.

Oct 3, 2025Sold$430,000
Aug 22, 2025Back on market
Jul 17, 2025Listed$475,000

The good, the trade-offs & the location

Pros
  • 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
5.1 mi
HealthPark Medical Center
Beach
6.8 mi
Fort Myers Beach
Airport
6.8 mi
Page Field (Fort Myers)
Shopping
5.8 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.