3 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026034048

$439,995

3 Bed Waterfront Home for Sale in Cape Coral

5336 Cortez Court, Cape Coral, FL, 33904

3 beds2 baths1,297 sqft1 garage
GatedBoatingWaterfront

About this home

Welcome to the Southwest Florida waterfront lifestyle in the highly desirable Yacht Club area of Cape Coral! This Gulf-access home offers quick boating access, allowing you to reach open water within minutes and enjoy everything Cape Coral boating and waterfront living have to offer. Ideally located near downtown Cape Coral, this home puts you close to popular restaurants, shopping, entertainment, waterfront dining, and many of Southwest Florida's favorite destinations. Surrounded by beautiful homes in an established neighborhood, this is a fantastic opportunity for buyers searching for a Cape Coral Gulf-access home in a convenient location. As you enter, you are greeted by a bright and inviting great room with an open kitchen floor plan and an abundance of natural light. The open-concept design is perfect for entertaining, family gatherings, and everyday Florida living. Classic terrazzo flooring runs throughout the home, adding character and easy maintenance. The lanai has been converted into additional living space, giving you even more room to relax, entertain, create a home office, or enjoy a flexible bonus area. Outside, the spacious backyard offers plenty of room to enjoy the Florida sunshine, entertain guests, or create your own tropical outdoor retreat. Boaters will especially appreciate the existing private dock and boat lift already in place. Walk right out your back door, step onto your boat, and be on your way to the Caloosahatchee River, Gulf waters, fishing, waterfront restaurants, and the islands of Southwest Florida within minutes. Whether you are searching for a Cape Coral waterfront home, Gulf-access property, boating home, seasonal Florida residence, investment property, or full-time home near downtown Cape Coral, this property offers the location, boating access, and Florida lifestyle buyers are looking for. Don't miss the opportunity to own a Gulf-access home in Cape Coral's Yacht Club area. This is a must-see!

Property details

Type
SingleFamilyResidence
Year built
1965
Interior
1,297 sqft
Lot size
10,018.8 sqft
Acreage
0.23 acres
Garage
1 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$6,160/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

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
$339/sqft
Comp median
$305/sqft
Difference
+11%

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
5334 Cobalt CourtOct 2025$430,0003/21,288$334
5310 Colonade CourtSep 2025$410,0003/21,370$299
5246 Tower DriveJul 2026$435,0002/21,428$305
Average3 comps$425,000$313

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$234
Median sold (90d)
$389,900
Avg days on market
95
Active listings
2,509
Median sold price · Cape Coral
$389,400last 3 months9% vs $357,250 prior 3 months
Median closed price by month · Cape Coral
8.4% MoM19.7% YoY
$340k$383k$425kJul ’25Aug ’26
$425,000Aug ’26 · 153 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.

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1965 — 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 mi
HealthPark Medical Center
Beach
6.8 mi
Fort Myers Beach
Airport
6.7 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.