5349 COBALT COURT
Cape Coral, FL, 33904 $ 699,000
Bedrooms3 Baths2.0 Sq 1,956 Monthly Estimate*
$ 4,828
for $699,000 with 3 bedrooms and 2 full baths. This 1,956 square foot home was built in 1971 on a lot size of 0.23.
Hot Cape Coral Yacht Club and Beach location — set in a boater’s dream location, with luxury boats lining the Cortez Canal and effortless straight-out Gulf access — no bridges, no locks. Situated at 5349 Cobalt Ct, this premier waterfront home sits mid-canal near the cul-de-sac, offering easy navigation, deep water, and a prime saltwater canal setting. Just a short distance to the City of Cape Coral’s Masterplan Cape Coral Yacht Club Community Park — a $225 million redevelopment featuring a marina, public beach, pier, and more. Living near this crown jewel is truly a once-in-a-lifetime opportunity. The property features an 80' seawall, wide 70' Cortez Canal, and a private heavy-duty electric boat lift with four motors, high lifting capacity appx 10,000lbs, and kept in excellent condition to protect your boat investment. Step into your outdoor oasis with a sparkling blue concrete pool, complete pool renovation, travertine pool deck, stone paver sundeck, screened-in real lanai, and a convenient pool bath. The fully fenced 6' privacy yard adds comfort and security, while accordion hurricane shutters and Lexan storm panels provide strong storm protection. Inside, the home showcases a huge, airy open floor plan like no other, with expansive living areas that flow seamlessly into a massive entertaining kitchen designed for hosting big crowds and unforgettable gatherings. The rear dining area overlooks the water, and wall-to-wall glass sliders fill the home with natural light and frame stunning views of the pool and canal. Recessed lighting and luxury vinyl flooring throughout create a bright, modern coastal feel. The interior has been beautifully refinished with fresh texture on walls and ceilings, giving the entire home the crisp, clean look and feel of a brand-new residence. The professionally remodeled kitchen features custom-designed modern soft-close cabinetry, quartz countertops, and stainless-steel appliances. Both bathrooms have been completely remodeled with modern finishes and updated fixtures. Additional upgrades include new interior and exterior doors, new light fixtures, new mirrors, new toilets, new outlets and switches, and all-new interior and exterior hardware and finishes. Major systems have also been updated, including a beautiful dimensional shingle roof, newer HVAC system, and newer hot water tank. Offering 3 bedrooms, 2 bathrooms, a 2-car garage, and 1,956 sq ft of air-conditioned living space, this home delivers the best of Cape Coral waterfront living — deep water, premium boating access, and a prime Yacht Club neighborhood — all wrapped in a fresh, modern, fully renovated interior. Don't miss seeing this home on the "South" side of El Dorado Blvd, "closer run to the river". No HOA in this waterfront community. See Zillow tour linked and floor plan. Multi-million $ homes surround the area. Wonderful month-to-month tenant in place—excellent income potential... tenant may be open to staying long-term if interested. Call today for more information!
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Electricity Connected Phone Available Public Sewer Connected Street Lights Water Available Water Connected
Possession Negotiable
Roof Shingle
Appliances Dishwasher Electric Water Heater Microwave Range Refrigerator
Zoning R1
Garage Spaces 2
Patio/Porch Features Covered Enclosed Front Porch Rear Porch Screened
Pool Features In Ground
Security Features Smoke Detector(s)
Construction Materials Block
Pets Allowed Yes
Year Built 1971
View Pool Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Lee
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name CAPE CORAL
Facing Direction West
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active
Directions Follow GPS
City CAPE CORAL
Senior Community Y/N false
MLS Area 33904 - Cape Coral
Lot Size Units Square Feet
Lot Size Square Feet 10019
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 7343.69
Home Warranty Y/N false
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/b5e1c654-6a3f-490f-9668-4afa0da1df93?initialViewType=pano
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 43
Legal Description CAPE CORAL UNIT 4 PART 2 BLK 146 PB 12 PG 13 LTS 43+44 + OR2376/2268 SEA WALL X
Minimum Lease 1 Week
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
In Law Suite YN false
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InteriorInterior Amenities Ceiling Fan(s) Eating Space In Kitchen Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Split Bedroom Thermostat Walk-In Closet(s) Window Treatments
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Shutters
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room Washer Hookup
Total Bedrooms 3
Total Baths 2
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ExteriorExterior Amenities Hurricane Shutters Sliding Doors
Fencing Vinyl
Parking Features Deeded Driveway
Lot Features City Lot Landscaped Near Marina
Water Source Canal/Lake For Irrigation
Lot Size Area 10019
Foundation Details Slab
Spa false
Building Area Total 2494
Lot Dimensions 80 x 125
Lot Size Acres 0.23
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 2
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByColdwell Banker Residential CcBroker
penny_lehmann@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,828
- Monthly Property Taxes
- $612
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cape Coral, FL
Average List Price $553,737
Percent of Sale Price 21%
About Cape Coral, FL 184,744 Population
76% Since 2002
$ 54,021 Median Income
44.67 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $699,000 | -9.10% | Price Down |
| 9/9/2026 | $769,000 | | Listed Price |