$475,000
3 Bed 2 Bath Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
5334 Cobalt Court, Cape Coral, FL, 33904
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
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 5310 Colonade Court | Sep 2025 | $410,000 | 3/2 | 1,370 | $299 |
| 5246 Tower Drive | Jul 2026 | $435,000 | 2/2 | 1,428 | $305 |
| 5275 Stratford Court | Jul 2025 | $515,000 | 3/2 | 1,297 | $397 |
| Average | 3 comps | $453,333 | $334 |
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.
Price & status history
Down $45,000 (9.5%) from the original list price.
| Oct 3, 2025 | Sold | $430,000 |
| Aug 22, 2025 | Back on market | |
| Jul 17, 2025 | Listed | $475,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1963 — 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.