Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026035401

$9,500,000

Waterfront Home for Sale in Cape Coral

5126 Coronado Parkway, Cape Coral, FL, 33904

- beds baths26,440 sqft
BoatingWaterfront

About this home

Premier Cape Coral Vacation Rental Investment Opportunity This fully furnished 16-unit vacation rental property offers an exceptional investment opportunity with strong rent-growth potential. Property highlights include: 32 covered parking spaces 16 private boat slips Direct Gulf access Resort-style saltwater pool Tile flooring throughout Granite countertops Stainless steel appliances Ideally located within walking distance of downtown Cape Coral and the Cape Coral Yacht Club, the property is also near the new Bimini East development and just a short boat ride from Bimini Square. As the surrounding area continues to develop, this high-quality property is well positioned for future rental growth.

Property details

Type
HotelMotel
Year built
2023
Interior
26,440 sqft
Lot size
45,289.332 sqft
Acreage
1.04 acres
Garage
None
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$133,000/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Not specified
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Not specified
Sewer
Not specified
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
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,479
Median sold price · Cape Coral
$389,000last 3 months9% vs $356,950 prior 3 months
Median closed price by month · Cape Coral
1% MoM11.3% YoY
$340k$368k$395kJul ’25Aug ’26
$395,000Aug ’26 · 260 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
  • Built 2023 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4.9 mi
HealthPark Medical Center
Beach
7.2 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
5.4 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.