$749,000
Waterfront Home for Sale in Cape Coral
5334 Cobalt Court, Cape Coral, FL, 33904
About this home
One or more photo(s) has been virtually staged, AI generated or rendered. Exclusive Waterfront Vacant Lot -5334 Cobalt Ct, Cape Coral FL. Cleared Lot-Approved Luxury Home Permit -Sea Wall-Open water acces.An exceptional oportunity to build a espectacular waterfront resident in Cape Coral. The previos older home has demolished, leaving a clean waterfront lot ready for new construcction. Even more valuable, property has an aproved Construction permit and Luxury Home Project designed in accordance with the 2023 elevation code requirements. 5 Bebrooms, 5 bathrooms, Great room, Designer kitchen, Private Home Theater, 3 car garage, Future Swimming Pool, Jacuzzi/spa and Expansive Pool Deck. Aproved Project Details: *Residential Occupancy R3, *Construcction Type V-B, *2023 Elevation Code, Existing Sewall, *Cleared Waterfront Lot, * Aproved Luxury Residential Projet Permit. The aproved permit is backet by a Highly experienced Miami Luxury Home Buider with more than 27 years os experience in HIGH-END and ULTRA-LUXURY Residential Construction. A prime Boating Location. The existing SEAWALL adds significant value and makes this property an aoutstanding oportunity for anyone looking to create a new luxury waterfront residence. THE LOT IS CLEARED, THE SEAWALL IS IN PLACE, THE PROYECT PERMIT IS APPROVED, THE WATER IS WAITING. Build new. Build Better, Built for the Future. Rendered and virtual photos in this advertisement.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 3,300 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 3 car
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $10,486/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 5 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 |
|---|---|---|---|---|---|
| 5267 Tiffany Court | Aug 2026 | $910,000 | 4/4 | 3,122 | $291 |
| 4917 Seville Court | Feb 2026 | $830,000 | 4/3 | 3,327 | $249 |
| 5237 Del Prado Boulevard | Oct 2025 | $825,000 | 4/3 | 3,182 | $259 |
| 14979 Bonaire Circle | Oct 2025 | $575,000 | 5/3 | 3,259 | $176 |
| 14871 Laguna Drive | Sep 2025 | $825,000 | 3/3 | 3,238 | $255 |
| Average | 5 comps | $793,000 | $246 |
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.
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Direct — no bridges)
- 3-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.