$665,000
4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
5344 Coral Avenue, Cape Coral, FL, 33904
About this home
Welcome to this beautifully updated 4-bedroom, 2-bath sailboat direct Gulf access waterfront pool home, ideally located in one of Cape Coral’s most desirable neighborhoods. Offered turnkey, this property is fully equipped and ready to enjoy immediately—whether as a personal retreat or a short-term vacation rental with income potential from day one. The open-concept interior showcases modern coastal finishes throughout, including a stunning kitchen with quartz countertops, white shaker cabinetry, a pantry, and premium stainless steel LG appliances. The thoughtfully designed split-bedroom floor plan provides privacy for both owners and guests, while the cozy living area creates the perfect setting for entertaining or relaxing after a day on the water. The best thing of Florida living waits outside on your private waterfront oasis. Enjoy the heated pool, unwind around the patio firepit, or head out boating with ease from your dock featuring a 16,000 lb boat lift. With DIRECT sailboat access, you’ll be cruising to the Gulf of America in just minutes. The primary suite offers a peaceful escape with water views, large walk-in closet and an ensuite bath, while three additional bedrooms provide ample space for family and guests. A screened lanai, fenced yard ideal for pets, and inviting outdoor living areas make this home ideal for creating unforgettable memories. This home offers peace of mind with a 2019 roof, hurricane-impact windows and doors, and Kevlar/fabric hurricane roll down shutters. Located just minutes from downtown, dining, shopping, and the Cape Coral Yacht Club, this exceptional waterfront property delivers the ultimate Florida lifestyle. Ideal as a primary residence, vacation retreat, or income-producing short-term rental, this home delivers exceptional lifestyle and investment potential in a prime Cape Coral neighborhood.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1964
- Interior
- 1,560 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 1 car
- Days on market
- 83
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $9,310/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
- Yes
- 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.
Based on the $/sqft of 4 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 |
|---|---|---|---|---|---|
| 5356 Delano Court | Apr 2026 | $675,000 | 3/2 | 1,418 | $476 |
| 5318 Congo Court | Jun 2026 | $625,000 | 3/2 | 1,657 | $377 |
| 135 SW 56th Terrace | Nov 2025 | $620,000 | 3/2 | 1,668 | $372 |
| 141 SW 54th Terrace | Jun 2026 | $692,500 | 4/2 | 1,749 | $396 |
| Average | 4 comps | $653,125 | $405 |
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 $120,000 (17.3%) from the original list price.
| May 26, 2026 | Sold | $575,000 |
| Apr 10, 2026 | Price reducedfrom $670,000 | $665,000 |
| Jan 29, 2026 | Listed | $695,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1964 — 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.