Waterfront Home for Sale in Cape Coral, FL, $819,900
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For SaleMLS# 2026028714

$819,900

Waterfront Home for Sale in Cape Coral, FL, $819,900

5264 Tamiami Court, Cape Coral, FL, 33904

beds baths sqft
GatedBoatingWaterfront

About this home

Create an exceptional waterfront estate in Cape Coral’s highly desirable Yacht Club area. This cleared, Gulf-access triple lot offers 120 feet of canal frontage and quick access to open water with no bridges - an outstanding setting for boating enthusiasts and buyers seeking space to design a truly custom residence. Significant waterfront improvements are already complete, including a new 10-foot seawall, dock, and four-motor Dolphin Hybrid cradle lift with a 20,000-pound capacity. Designed to accommodate a vessel up to approximately 36 feet, the lift is protected by a 39-by-15-foot canvas canopy. The dock also includes 110-volt electrical service, 240-volt shore power, a generator disconnect, and four water hookups, providing a well-equipped setup for waterfront living from day one. The previous residence has been removed, leaving the property cleared and ready for new construction while potentially preserving valuable impact-fee credits. The oversized triple-lot configuration provides exceptional flexibility for a custom luxury home with expansive indoor-outdoor living, a resort-style pool, generous garage space, or even an integrated RV garage. Located within one of Cape Coral’s most established waterfront neighborhoods, the property offers convenient access to boating, dining, shopping, recreation, and the future redevelopment of the Cape Coral Yacht Club area. Opportunities combining this much land, substantial completed improvements, and direct boating access are increasingly difficult to find.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
15,115.32 sqft
Acreage
0.35 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$11,479/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Not specified
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.

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Market trends — Cape Coral

Median list
$400,000
Median $/sqft
$234
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,497
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 358 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
  • Gulf access (Direct — no bridges)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
5.3 mi
HealthPark Medical Center
Beach
7.1 mi
Fort Myers Beach
Airport
6.8 mi
Page Field (Fort Myers)
Shopping
5.9 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.