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  • $431,400

    5228 Tower Dr, Cape Coral, FL 33904

    3beds
    1,543sqft
    Single Family Residence
    Built in 1965
    10,018 Square Feet Lot
    $430,100 Zestimate®
    $280/sqft
    $2,025 Estimated rent

    Home value

    $430,100

    $383,000 - $482,000

    $2,025/mo

    Zestimate® history
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    What's special

    Modern ceiling fansScreened lanaiGuest bedrooms provide flexibilityBeautifully finished en-suite bathContemporary fixturesWaterfront homeBright open living spaces
    Set on a prime sailboat-access canal with no bridges in Cape Coral’s desired Yacht Club neighborhood, this waterfront home delivers the ultimate Florida boating lifestyle, open water access in minutes and endless potential to create your nautical dream retreat. This three-bedroom, two-bath residence showcases a thoughtfully designed split floor plan with bright, open living spaces and clean modern finishes throughout. The interior is filled with natural light and features wide-plank flooring, recessed lighting, modern ceiling fans, and an inviting open-concept layout ideal for everyday living or entertaining. The updated kitchen serves as the heart of the home, highlighted by sleek white cabinetry, quartz-style countertops, a stylish tile backsplash, stainless steel appliances and a large peninsula with bar seating, ideal for hosting or casual dining. Both baths have been tastefully updated with modern vanities, contemporary fixtures and tiled shower surrounds, offering a fresh, spa-inspired feel. The spacious primary suite includes ample closet space and a beautifully finished en-suite bath, while the guest bedrooms provide flexibility for family, visitors, or a home office. Go outside to the screened lanai, where peaceful canal views set the stage for morning coffee or sunset cocktails. The private dock with covered boat lift is ready for your vessel, making spontaneous boating days effortless. A brick paver walkway leads from the lanai to the dock, and the six-foot fenced backyard offers privacy, room to entertain, or space to customize with a pool or outdoor kitchen. A new roof (2022) adds peace of mind and long-term value. Just minutes from downtown Cape Coral, Yacht Club beach, restaurants, shopping and local events, this home combines an unbeatable location with waterfront access and opportunity. With a little TLC and personal vision, this property can become someone’s Gulf-access masterpiece, where boating, coastal living and the best of Cape Coral come together.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean Radigan 239-841-0260,

    Premier Sotheby's Int'l Realty,

    Jeffrey Burns 239-464-2984,

    Premier Sotheby's Int'l Realty

    Bought with:

    Jeffrey Johnson, 258036294

    Century 21 Selling Paradise

    Source: Florida Gulf Coast MLS,MLS#: 2025024096MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bathroom, Family Room, Guest Quarters, Screened Porch
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Wine Cooler, Washer
    • Laundry: In Garage
    Features
    • Breakfast Bar, Built-in Features, Closet Cabinetry, Dual Sinks, French Door(s)/Atrium Door(s), Living/Dining Room, Custom Mirrors, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms, Bathroom, Family Room, Guest Quarters, Screened Porch
    • Flooring: Vinyl
    • Doors: French Doors
    • Windows: Other, Impact Glass
    Interior area
    • Total structure area: 2,026
    • Total interior livable area: 1,543 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Paved, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Lanai, Patio, Porch, Screened
    • Exterior features: Fence, Patio, Room For Pool
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Access
    Lot
    • Size: 10,018 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 134523C300122.0120
    • Lease amount: $0
    • Zoning description: R1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Non-Gated
    • Security: None, Smoke Detector(s)
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: YACHT CLUB
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: None
    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $444,427
    • Annual tax amount: $6,328
    • Date on market: 12/18/2025
    • Cumulative days on market: 193 days
    • Listing terms: All Financing Considered,Cash
    • Ownership: Single Family
    • Contingency: Inspection
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/3/2026Sold$431,400-6.2%$280/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    5/18/2026Pending sale$460,000$298/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    4/27/2026Price change$460,000-5.1%$298/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    4/13/2026Price change$484,900-3%$314/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    3/2/2026Price change$499,900-2%$324/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    1/6/2026Price change$510,000-2.4%$331/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    12/18/2025Listed for sale$522,500-4.3%$339/sqft
    Source: Florida Gulf Coast MLS #2025024096 Report a problem
    12/4/2025Listing removed$545,900$354/sqft
    Source: Florida Gulf Coast MLS #2025019415 Report a problem
    11/8/2025Listed for sale$545,900+4%$354/sqft
    Source: Florida Gulf Coast MLS #2025019415 Report a problem
    4/18/2025Listing removed$2,700$2/sqft
    Source: Zillow Rentals Report a problem
    4/14/2025Listed for rent$2,700$2/sqft
    Source: Zillow Rentals Report a problem
    8/30/2021Sold$525,000-4.5%$340/sqft
    Source: Florida Gulf Coast MLS #221041821 Report a problem
    8/2/2021Pending sale$549,900$356/sqft
    Source: Florida Gulf Coast MLS #221041821 Report a problem
    6/26/2021Price change$549,900-8.2%$356/sqft
    Source: Florida Gulf Coast MLS #221041821 Report a problem
    6/8/2021Listed for sale$599,000+167.4%$388/sqft
    Source: Florida Gulf Coast MLS #221041821 Report a problem
    7/20/2020Sold$224,000-8.6%$145/sqft
    Source: Public Record Report a problem
    6/3/2020Pending sale$245,000$159/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    5/29/2020Listed for sale$245,000$159/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    5/27/2020Pending sale$245,000$159/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    4/25/2020Listed for sale$245,000$159/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    2/18/2020Pending sale$245,000$159/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    2/4/2020Price change$245,000-5.6%$159/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    1/27/2020Listed for sale$259,500$168/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    1/6/2020Pending sale$259,500$168/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    12/4/2019Price change$259,500-2.1%$168/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem
    10/14/2019Listed for sale$265,000$172/sqft
    Source: Home Hunters USA, Inc #219068093 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,600 +4.3%$405,099 +2.9%
    2024$6,328 +2.8%$393,682 +3%
    2023$6,158 +6.8%$382,216 +4.8%
    2022$5,765 +24.8%$364,788
    2021$4,618 -6.6%--
    2020$4,944 +258.5%$244,441 -4.6%
    2019$1,379 $256,350 +115.6%
    2018$1,379 +9.4%$118,891 +2.1%
    2017$1,260 +2.8%$116,446 -34.2%
    2016$1,226 +3.4%$177,000 -6.8%
    2015$1,186 +1.4%$189,886 -2.8%
    2014$1,169 +5.3%$195,308 +18.7%
    2013$1,111 -2.7%$164,535 +9.3%
    2012$1,141 +3.4%$150,506 +1.4%
    2011$1,103 +0.1%$148,460 +1.6%
    2010$1,102 +7.8%$146,189 -13.1%
    2009$1,022 +5.8%$168,150 -21.1%
    2008$966 -25.5%$213,150 -40%
    2007$1,296 -8.6%$355,330 -11.6%
    2006$1,419 -2%$402,040 +71.9%
    2004$1,448 -10.4%$233,850 +16.7%
    2003$1,617 +0.7%$200,350 +46.9%
    2002$1,606 $136,350 +43.8%
    2000-- $94,810
    Find assessor info on the county website

    Neighborhood: 33904

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