5224 Tower DR
Cape Coral, FL, 33904 $ 515,000
Bedrooms2 Baths2.0 Sq 1,041 Monthly Estimate*
$ 3,557
for $515,000 with 2 bedrooms and 2 full baths. This 1,041 square foot home was built in 1965 on a lot size of 0.23.
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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FeaturesInteriorInterior Amenities Built-In Cabinets Smoke Detectors Walk-In Closet(s) Window Coverings
Flooring Tile
Furnished Y/N Negotiable
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Window Coverings
Fireplace Y/N N
Half Baths 0
Laundry Features In Garage
Total Bedrooms 2
Total Baths 2
Dining Room Features Dining - Living
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GeneralHeating Central Electric
Cooling Ceiling Fan(s) Central Electric
Roof Shingle
Appliances Electric Cooktop Dishwasher Disposal Dryer Microwave Refrigerator Refrigerator/Freezer Self Cleaning Oven Warming Tray Washer
Zoning R1
HOA Fee 0
Garage Spaces 1
Patio/Porch Features Deck Patio
Architectural Style Ranch Single Family
Pool Features Below Ground Concrete Electric Heat Salt Water Screen Enclosure
Security Features Security System Smoke Detector(s)
Construction Materials Concrete Block Stucco
Pets Allowed Yes
Year Built 1965
View Canal Intersecting Canal Water
Levels 1
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Canal Front Intersecting Canal Navigable Seawall
County Lee
New Construction N
Property Type Residential
Association Amenities None
HOA N
Attached Garage Y
Subdivision Name CAPE CORAL
Garage Y/N Y
Building Features DSL/Cable Available
Total Rooms 0
Full Baths 2
Status Active
City CAPE CORAL
Senior Community Y/N N
Number Of Units Total 1
MLS Area CAPE CORAL
Lot Size Units Acres
Lot Size Square Feet 10019
Carport Spaces 0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8956.93
Ok to Lease Buyer Finance/Cash FHA VA
Additional Parcels Y/N N
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description CAPE CORAL UNIT 5 BLK 122 PB 11 PG 85 LOTS 14 + 15
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ExteriorExterior Amenities Boat Dock Private Boat Lift Composite Dock Dock Included Elec Avail at dock Glass Porch Screened Lanai/Porch
Parking Features Attached
Lot Features Regular
Water Source Assessment Paid Central
Total Parking 1
Lot Size Area 0.23
Foundation Details Concrete Block
Park Name CAPE CORAL
Spa N
Building Area Total 1353
Lot Size Acres 0.23
Waterfront Y/N Y
Covered Spaces 1
Horse Y/N N
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* Excluded FeaturesList ByHovland Realty, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,557
- Monthly Property Taxes
- $746
- 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 $554,372
Percent of Sale Price 8%
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.
1023012 Elementary School
1023173 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/26/2026 | $515,000 | | Listed Price |