$599,000

5227 Coronado PKWY 1, Cape Coral, FL 33904

5 beds |
3 baths |
2,306 sqft

Single-Family Home
Built in 1976
10,759sqft lot
—— car garage
$260/sqft
Listed 8 days ago

Property Description

Waterfront Living, Income Potential & A Front-Row Seat to Cape Coral’s Future! Welcome to 5227 Coronado Parkway, where every day feels like a vacation! Perfectly positioned in Cape Coral’s legendary Yacht Club district, this rare waterfront opportunity delivers the lifestyle buyers dream about. Step into your backyard, hop on your boat, and be cruising in open water in approximately five minutes! Whether you’re an avid fisherman, boating enthusiast, paddleboarder, or sunset cruiser, this location puts the Gulf lifestyle right at your fingertips. And the future is even brighter. The Yacht Club is undergoing a transformational $225 million redevelopment, creating one of Southwest Florida’s premier waterfront destinations. Planned enhancements include a stunning two-story community center, expanded marina, waterfront dining venues, a beautifully redesigned beach, and a spectacular resort-style pool complex. Purchasing here isn’t just buying a home—it’s investing in one of Cape Coral’s most exciting waterfront neighborhoods. The property itself has been thoughtfully remodeled and offers exceptional versatility. Surrounded by recently planted Clusia hedges that will mature into a lush privacy wall, the setting is becoming an increasingly secluded tropical retreat. Bonus: Built-In Income Opportunity! This unique property includes a separate, fully renovated guest residence, generating approximately $25,200 annually in rental income while offering incredible flexibility for guests, extended family, or additional investment potential. The main residence features: 3 bedrooms, 2 bathrooms. Beautiful granite countertops. Spacious walk-in shower Private outdoor lanai perfect for morning coffee or evening cocktails The guest residence features: 2 bedrooms, 1 bathroom. Granite countertops. Its own private lanai and outdoor living space Finding a Gulf-access property in the Yacht Club area at this price point is becoming increasingly rare. With no HOA fees, waterfront access, income-producing potential, and a location positioned to benefit from one of Cape Coral’s most significant redevelopment projects ever, 5227 Coronado Parkway offers an extraordinary opportunity to live, invest, and enjoy the Southwest Florida waterfront lifestyle. Bring your boat, your fishing poles, and your flip-flops—paradise is waiting.

Listing Status:: Active
Date Added:: June 18, 2026
Data Last Updated:: June 26, 2026 at 10:06PM
Listing Office:: John R. Wood Properties : (239) 472-2411
MLS ID:: 2026026806

General: Other
Appliances: Electric CooktopDishwasherDryerFreezerMicrowaveRefrigeratorWasher
Dining: Other
Flooring: Tile
A/C: Ceiling Fan(s)Central Electric
Heating: Central Electric

General: Boat Dock PrivateDock DeededDock IncludedWater Avail at DockWooden DockCourtyard
Style: RanchSingle Family
Parking: Attached CarportParking spaces: 2

Roofing: Shingle
General: Concrete BlockStucco1Concrete Block

HOA Amenities: Bike StorageBoat StorageInternet AccessSee RemarksStreetlight0.0
Originating MLS: Florida Gulf Coast
County: Lee

Zoning: RMLCAPE CORAL UNIT 6 PT 2 BLK.47 PB 11 PG 61 LOTS 32 + 3318-45-24-C4-00047.0320
View: CanalWaterView
Restrictions: No Commercial

Water: Assessment Paid

Source: Florida Gulf Coast

This listing courtesy of John R. Wood Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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