3 Bed Waterfront Home for Sale in Cape Harbour, FL, $995,000
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For SaleMLS# 2026031609

$995,000

3 Bed Waterfront Home for Sale in Cape Harbour, FL, $995,000

5816 Shell Cove Drive, Cape Coral, FL, 33914

3 beds3.5 baths2,262 sqft2 garage
BoatingDog ParkCommunity PoolWaterfront

About this home

Luxury Waterfront Living in Cape Harbour Experience refined coastal living in one of Cape Harbour's most desirable waterfront communities. This newly built luxury residence offers an exceptional blend of modern design, premium finishes, and an unbeatable boating lifestyle. Designed with an open-concept floor plan, the home is filled with natural light from expansive impact-rated windows and sliding glass doors that frame peaceful canal and mangrove preserve views. The gourmet kitchen features quartz countertops, custom cabinetry, stainless steel appliances, and a large center island that seamlessly connects to the spacious living and dining areas—perfect for entertaining or relaxing after a day on the water. The residence includes 3 spacious bedrooms and 4 beautifully appointed bathrooms, providing comfort and privacy for family and guests alike. The luxurious primary suite offers a spa-inspired bath, generous closet space, and private waterfront views. One of the property's standout features is the private elevator, providing effortless access to every level, along with a private two-car garage offering abundant storage for vehicles, golf carts, bikes, and water toys. Boaters will appreciate the private dock with direct Gulf access and no bridges, making spontaneous days on the water incredibly convenient. Whether you're heading to Sanibel, Captiva, Fort Myers Beach, or the Gulf of Mexico, world-class boating and fishing are just minutes away. Enjoy spectacular views overlooking protected mangroves, where you'll experience breathtaking sunsets, passing dolphins, manatees, and exceptional privacy rarely found in Southwest Florida. Located just steps from the vibrant Cape Harbour Marina, you'll have access to waterfront dining, boutique shopping, live entertainment, coffee shops, and a full-service marina—all within walking distance. Whether you're searching for a luxurious full-time residence, a seasonal retreat, or a high-performing investment property, this home offers an exceptional opportunity to own one of Cape Coral's premier waterfront homes. Highlights Newly constructed luxury waterfront residence Private elevator servicing all levels Private two-car garage Private boat dock with direct Gulf access (no bridges) Open-concept floor plan with abundant natural light Quartz countertops and designer finishes Impact-resistant windows and doors Canal and mangrove preserve views Walk to Cape Harbour Marina, restaurants, shops, and entertainment Ideal as a primary residence, vacation home, or luxury rental investment

Property details

Type
Attached
Year built
2024
Interior
2,262 sqft
Lot size
962.676 sqft
Acreage
0.02 acres
Garage
2 car
Days on market
0
Total association fees
$15,000/yr (~$1,250/mo)
CDD
None
Est. taxes (1.4%)
$13,930/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

CableTvInternetTrashWater

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

Amenities

BoatDockBoatRampDogParkPoolManagement

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
$440/sqft
Comp median
$409/sqft
Difference
+8%

Based on the $/sqft of 11 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
1921 SW 54th StreetJul 2026$1,125,0004/32,348$479
5240 SW 20th AvenueFeb 2026$985,0003/22,375$415
1167 SW 57th StreetAug 2025$782,0003/22,396$326
5412 SW 22nd PlaceMar 2026$815,0004/22,342$348
5201 Chiquita BoulevardFeb 2026$1,100,0004/32,458$448
1221 SW 53rd TerraceDec 2025$950,0003/32,323$409
Average6 comps$959,500$404

Market trends — Cape Harbour

Median list
$625,000
Median $/sqft
$341
Median sold (90d)
$562,500
Avg days on market
159
Active listings
25
Median sold price · Cape Harbour
$562,500last 3 monthsnot enough sold data to compare

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

The good, the trade-offs & the location

Pros
  • Built 2024 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$15,000/yr)
Location convenienceHigh
Hospital
7.4 mi
Cape Coral Hospital
Beach
7.3 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.