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5224 Tower Drive, CAPE CORALCape Coral, FL 33904Price: $515,000

  • Price: $515,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $515,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 0.23Acreage
  • 1,041Square Feet
  • 226038723MLS Number

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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 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.

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Listed by Brehna Hovland of Hovland Realty,LLC

Based on information submitted to Gulf Coast as of October 26, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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