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Bean Group
Offered at $520,000Active
beds
2
baths
2
sq ft
1,041
Built
1965

5224 Tower Drive

Cape Coral, FL 33904

About this home

One or more photo(s) has been virtually staged, AI generated or rendered. GULF ACCESS, HEATED SALTWATER POOL & SERIOUS RENTAL POTENTIAL IN ONE OF CAPE CORAL’S MOST DESIRABLE AREAS! This 2-bedroom, 2-bath waterfront home delivers the Florida lifestyle buyers and vacationers are looking for—boating, poolside living, and an incredible SE Cape Coral location. Major components have been updated, making this property ready to enjoy from day one. The backyard is a boater’s dream with a NEW dock, 10,000-lb boat lift, Gulf access, and the option for the boat to be included with the sale! Relax or entertain around the heated saltwater pool, while the sunroom adds valuable additional living space overlooking your private waterfront setting. Beyond being a fantastic full-time or seasonal residence, the combination of Gulf access, private pool, boating amenities, and prime location creates excellent vacation-rental appeal and income potential. Located in highly sought-after SE Cape Coral, close to waterfront restaurants, shopping, entertainment, and everything that makes this area one of Cape Coral's favorite places to live and vacation. Whether you're looking to live, vacation, boat, or invest, this is the complete SWFL package! 2006 COBIA BOAT INCLUDED IN THE SALE!

Listing last checked: Listing updated:

Listed by Brehna Hovland · Hovland Realty, LLC · MLS #226028735

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile
Building4 property facts
Style
Single Family Residence
Year built
1965
Garage
1
Roof
Shingle
Land & utilities4 property facts
Lot size
0.23 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$8,957
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $520,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,376 / monthAdjust
Principal & interest
$2,629
Property tax
$746
Insurance
Not entered
HOA
$0

Listing annual taxes: $8,957. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $475,000 · Sold $472,000 · Apr 16, 2021

  2. Lsd

    $800 · Sold $800 · Aug 15, 2008

  3. Sld

    $334,900 · Sold $310,000 · Feb 13, 2004

More property insights

Comparable properties 3 supplied

Sold Jul 9, 2026

$500,000

5205 SW 3rd Avenue

Sold Aug 17, 2026

$557,800

10351 Deal Road

Sold Jul 31, 2026

$525,000

1506 Grandale Street

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About 5224 Tower Drive

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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