$1,099,950
3 Bed Waterfront Home for Sale in Cape Coral
5816 Shell Cove Drive 119, Cape Coral, FL, 33914
About this home
16,000 boat lift Direct access waterfront residence, features 3 spacious bedrooms, 3.5 beautifully appointed baths, and a private den with a wet bar, thoughtfully designed for refined living and effortless entertaining. Meticulously upgraded with over $100,000 in premium finishes, every detail reflects superior quality and craftsmanship. Enjoy immediate availability, the convenience of a private elevator, and a prime location just minutes from the pristine waters of the Gulf of Mexico. Beyond the home, Cape Harbour delivers an unmatched resort experience. Stroll from your lanai to a full-service marina, waterfront restaurants, boutique shopping, live entertainment, tennis courts, and a resort-style pool—everyday conveniences paired with a lively, walkable atmosphere. Pets are welcome, and flexible rental options, making this an exceptional lifestyle and investment opportunity. Built Florida-strong with all-concrete block construction, hurricane-impact doors and windows, and HOA coverage that includes exterior hazard and flood insurance, peace of mind comes standard. Seller financing is also available. This is a truly rare offering: the only three-story waterfront townhome in Cape Harbour with an available boat slip. A pristine, never-occupied home in a premier waterfront community—this is coastal living at its finest.
Property details
- Type
- Condominium
- Year built
- 2024
- Interior
- 2,393 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 2 car
- Days on market
- 195
- Total association fees
- $15,000/yr (~$1,250/mo)
- CDD
- None
- Est. taxes (1.4%)
- $15,399/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- 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
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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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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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 |
|---|---|---|---|---|---|
| 5513 Merlyn Lane | Dec 2025 | $1,150,000 | 3/3 | 2,535 | $454 |
| 5407 SW 16th Place | Aug 2026 | $1,100,000 | 3/3 | 2,227 | $494 |
| 5240 SW 20th Avenue | Feb 2026 | $985,000 | 3/2 | 2,375 | $415 |
| Average | 3 comps | $1,078,333 | $454 |
Market trends, Cape Harbour
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $495,050 (31%) from the original list price.
| Jul 22, 2026 | Price reducedfrom $1,150,000 | $1,099,950 |
| Jan 8, 2026 | Listed | $1,595,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$15,000/yr)
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.