$1,300,000
4 Bed Waterfront Home for Sale in Cape Coral
5870 Shell Cove Drive, Cape Coral, FL, 33914
About this home
BEST VALUE in Cape Coral. Welcome to the Funky Fish House at Cape Harbour, non gated, one-of-a-kind waterfront residence offering direct Gulf access just minutes to open water and short-term rental flexibility. Perched directly over the water in Cape Coral, this striking four-level home showcases panoramic marina views and unforgettable sunset vistas from expansive decks on every level. This thoughtfully designed property features three bedrooms, a private guest suite/cabana, four full baths, two luxurious primary suites, each with its private deck and a private elevator servicing all floors. Seamless indoor-outdoor living spaces ideal for entertaining. The top-level experience is unmatched, featuring a spacious outdoor kitchen and lounge area overlooking canal and preserve views, the ideal setting for sunset gatherings. Boating enthusiasts will appreciate a private dock accommodating up to a 40-foot vessel, sailboat access with no bridges, quick runs to Gulf beaches, waterfront restaurants and world-class fishing. Additional highlights include a 1.5-car garage, ideal for a vehicle, golf cart, or storage. This residence is built to current codes with impact-rated windows and doors and elevated construction for enhanced safety and peace of mind. As part of Cape Harbour, residents enjoy waterfront dining and live entertainment, boutique shopping, two resort-style pools, a clubhouse and fitness center, tennis and basketball courts and low HOA fees. Whether you’re seeking a primary residence, a luxury vacation retreat or a high-performing Airbnb investment, this property delivers on every level. Schedule your private showing today and secure your piece of waterfront paradise.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 2,341 sqft
- Lot size
- 2,038.608 sqft
- Acreage
- 0.05 acres
- Garage
- 2 car
- Days on market
- 117
- Total association fees
- $2,760/yr (~$230/mo)
- CDD
- None
- Est. taxes (1.4%)
- $18,200/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
- Public
- Sewer
- Public Sewer
- New construction
- Yes
- 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 8 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 |
|---|---|---|---|---|---|
| 5862 Shell Cove Drive | Dec 2025 | $1,575,000 | 3/3 | 2,202 | $715 |
| 1525 SW 57th Terrace | Aug 2026 | $1,300,000 | 4/2 | 2,238 | $581 |
| 1524 SW 56th Terrace | Apr 2026 | $1,500,000 | 3/3 | 2,482 | $604 |
| 5513 Merlyn Lane | Dec 2025 | $1,150,000 | 3/3 | 2,535 | $454 |
| 1921 SW 54th Street | Jul 2026 | $1,125,000 | 4/3 | 2,348 | $479 |
| 1438 SW 54th Terrace | Oct 2025 | $1,050,000 | 3/3 | 2,484 | $423 |
| Average | 6 comps | $1,283,333 | $543 |
Market trends, Cape Harbour
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $219,000 (14.4%) from the original list price.
| Aug 21, 2026 | Price reducedfrom $1,350,000 | $1,300,000 |
| May 6, 2026 | Listed | $1,519,000 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- 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.