3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2025016923

$1,990,990

3 Bed Waterfront Home for Sale in Cape Coral

5886 Shell Cove Drive, Cape Coral, FL, 33914

3 beds3 baths2,545 sqft2 garage
GatedTennisBoatingFitness CenterClubhouseBasketballCommunity PoolOn-site DiningWaterfront

About this home

Dock 2 Yachts in one of the MOST SPACIOUS Fish Houses in Cape Harbour! Designed to draw you to the Ocean-Welcome to coastal living at its finest in this Key West–inspired waterfront retreat, where character, craftsmanship, and comfort come together in a one-of-a-kind setting. Nestled within an intimate, private Cape Harbour community, this 3-bedroom, 3-bath home with two master suites, a dedicated home office, and private elevator captures the vibrant Key West ambiance—complete with colorful exteriors, detailed trim work, and a signature metal roof. Thoughtfully designed, the open-concept floor plan showcases a gourmet kitchen with high-end finishes, flowing effortlessly into the living and dining areas that open directly to the water. Expansive windows and sliding doors create a seamless indoor–outdoor experience, perfect for entertaining or relaxing to the sounds of the harbor. Both master suites offer spa-inspired ensuite baths and serene water views, while the additional guest suite and private home office provide flexible living space. The office opens onto a private balcony, ideal for morning coffee or quiet moments overlooking the waterfront. The private elevator ensures easy access between levels, and multiple decks and terraces invite you to enjoy spectacular sunrises and sunsets. Every detail reflects careful craftsmanship and authentic Key West charm, from the architectural accents to the handcrafted columns and trim. Outside, enjoy exclusive access to a private boardwalk, boat slips for two vessels with 50-amp electric, fueling station, boat storage, and convenient waterfront dining and boutique shopping—all just steps away. Whether you’re seeking a full-time residence, vacation getaway, or Airbnb-friendly investment, this home delivers a resort-style lifestyle where every day feels like paradise.

Property details

Type
SingleFamilyResidence
Year built
2013
Interior
2,545 sqft
Lot size
3,410.748 sqft
Acreage
0.08 acres
Garage
2 car
Days on market
271
Total association fees
$3,240/yr (~$270/mo)
CDD
None
Est. taxes (1.4%)
$27,874/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementIrrigationWaterLegalAccountingMaintenanceGroundsRoadMaintenanceStreetLightsSecurity

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BasketballCourtMarinaClubhouseFitnessCenterBarbecuePicnicAreaPoolRvBoatStorageRestaurantSidewalksTennisCourtsManagement

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
$782/sqft
Comp median
$632/sqft
Difference
+24%

Based on the $/sqft of 3 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
1812 Lagoon LaneAug 2026$2,009,0003/32,575$780
1524 SW 56th TerraceApr 2026$1,500,0003/32,482$604
1720 SW 50th TerraceJul 2026$1,700,0003/32,689$632
Average3 comps$1,736,333$672

Market trends, Cape Harbour

Median list
$685,000
Median $/sqft
$360
Median sold (90d)
$503,750
Avg days on market
144
Active listings
27
Median sold price · Cape Harbour
$503,750last 3 months4% vs $525,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Built 2013 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Direct — no bridges)
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
7.3 mi
Cape Coral Hospital
Beach
7.4 mi
Fort Myers Beach
Airport
9.5 mi
Page Field (Fort Myers)
Shopping
8.5 mi
Coralwood / Merchants Crossing (Cape)

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.