$515,000

One or more photo(s) has been virtually staged, AI generated or rendered. GULF ACCESS, HEATED SALTWATER POOL, NO RENTAL RESTRICTIONS & ALL ASSESSMENTS PAID IN DESIRABLE SOUTH CAPE CORAL! Whether you're a first-time homebuyer, searching for your Florida vacation getaway, looking for a waterfront primary residence, or seeking your… Read More next income-producing investment, 5224 Tower Drive checks ALL the boxes! Located in the heart of SOUTH CAPE CORAL, just minutes from downtown Cape Coral's popular restaurants, shopping, nightlife, and entertainment, this 2-bedroom, 2-bath waterfront home offers the perfect combination of LOCATION, LIFESTYLE, and INVESTMENT POTENTIAL! Boating enthusiasts will appreciate the NEW COMPOSITE DOCK, 10,000-LB BOAT LIFT, AND DIRECT GULF ACCESS, with approximately 15 MINUTES BY BOAT TO THE RIVER AND 25 MINUTES TO THE GULF! Spend your mornings exploring Southwest Florida's beautiful waterways, afternoons relaxing around your private HEATED SALTWATER POOL, and evenings enjoying the waterfront views from your own backyard oasis. Inside, you'll find FRESH NEW PAINT, updated major components, a bright and inviting floor plan, and a spacious FLORIDA ROOM overlooking the pool and canal, providing additional space for relaxing, entertaining, or enjoying the Florida lifestyle year-round. Even better, this home features CITY WATER & SEWER WITH ALL ASSESSMENTS PAID, offering added value and peace of mind! INVESTORS, TAKE NOTICE! With NO RENTAL RESTRICTIONS, desirable boating amenities, a private heated pool, and a sought-after South Cape Coral location, this property offers excellent potential for short-term, seasonal, or long-term rental income. Looking for a vacation home? Enjoy your own waterfront retreat while having the flexibility to generate rental income when you're away! First-time buyer or searching for your forever home? Enjoy the benefits of waterfront living, updated features, and an unbeatable location without sacrificing convenience. Just minutes from downtown Cape Coral, waterfront dining, shopping, entertainment, and everything that makes Southwest Florida such a desirable place to call home. LIVE IN IT, VACATION IN IT, RENT IT OUT, OR INVEST IN YOUR FUTURE—THE CHOICE IS YOURS! And as an added bonus, A 2006 COBIA BOAT MAY BE INCLUDED WITH AN ACCEPTABLE OFFER! Don't miss this opportunity to own a versatile Gulf-access waterfront property in one of Cape Coral's most desirable locations. Read Less

Listing courtesy of Hovland Realty, LLC.

Listing Snapshot

Days Online

Last Updated

Nov 6, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,041

Lot Size

0.23 Acres

Year Built

1965

MLS Number

226038723

Additional Details

Appliances & Equipment

Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator/Freezer, Self Cleaning Oven, Warming Tray, Washer

Building

Built in 1965, Living area: 1041, Living area units: Square Feet, 1 storey, Levels: 1, Entry level: 1, Construction Materials: Concrete Block, Stucco

Community

Park Name: CAPE CORAL

Cooling

Ceiling Fan(s), Central Electric

Exterior Features

Patio/Porch Features: Deck, Patio, Boat Dock Private, Boat Lift, Composite Dock, Dock Included, Elec Avail at dock, Glass Porch, Screened Lanai/Porch

Floors

Tile

Foundation

Concrete Block

Garage

1 space

Heating

Central Electric

Home Owner's Association

Association Fee: $0, Amenities: None

Interior Features

Built-In Cabinets, Smoke Detectors, Walk-In Closet(s), Window Coverings

Laundry

In Garage

Lot

0.23 acres, Regular

Parking

1 covered space, 1 total parking space, Attached

Pets Policy

Allowed: Yes

Pool

Below Ground, Concrete, Electric Heat, Salt Water, Screen Enclosure

Property

Canal, Intersecting Canal, Water

Roof

Shingle

Security Features

Security System, Smoke Detector(s)

Taxes

Parcel Number: 13-45-23-C3-00122.0140, Annual Amount: $8,956.93, Tax Block: 122, Legal Description: CAPE CORAL UNIT 5 BLK 122 PB 11 PG 85 LOTS 14 + 15, Year: 2025, Zoning: R1

Utilities

Water Source: Assessment Paid, Central

Water Features

Canal Front, Intersecting Canal, Navigable, Seawall

Windows

Window Coverings

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