Check Availability
$520,000
● House - For Sale

5224 Tower Drive

Cape Coral, FL 33904
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,041 Ft²
$3,300
Est. Monthly

About This Property

One or more photo(s) has been virtually staged, AI generated or rendered.  GULF ACCESS, HEATED SALTWATER POOL & SERIOUS RENTAL POTENTIAL IN ONE OF CAPE CORAL'S MOST DESIRABLE AREAS! This 2-bedroom, 2-bath waterfront home delivers the Florida lifestyle buyers and vacationers are looking for-boating, poolside living, and an incredible SE Cape Coral location. Major components have been updated, making this property ready to enjoy from day one. The backyard is a boater's dream with a NEW dock, 10,000-lb boat lift, Gulf access, and the option for the boat to be included with the sale! Relax or entertain around the heated saltwater pool, while the sunroom adds valuable additional living space overlooking your private waterfront setting. Beyond being a fantastic full-time or seasonal residence, the combination of Gulf access, private pool, boating amenities, and prime location creates excellent vacation-rental appeal and income potential. Located in highly sought-after SE Cape Coral, close to waterfront restaurants, shopping, entertainment, and everything that makes this area one of Cape Coral's favorite places to live and vacation. Whether you're looking to live, vacation, boat, or invest, this is the complete SWFL package! 2006 COBIA BOAT INCLUDED IN THE SALE!
Unit Size
1,041 Ft²
Days on Market
49 days
Land Size
0.23 acres
Price per sqft
$500
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1965

Listed By

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Last updated: 23 days ago ( #226028735)

Price History

Date / Event Date Event Price
Aug 11, 2026 Listed by Hovland Realty, LLC $520,000
Listed by Hovland Realty, LLC
Oct 4, 2024 No longer available -
No longer available
Oct 10, 2023 Listed by MVP Realty Associates LLC $575,000
Listed by MVP Realty Associates LLC
HUGE PRICE ADJUSTMENT! Boaters DREAM... Quick, DIRECT gulf access home. No remodel or rehab needed. New Roof, Pool heater, 10K boat lift, and more. Turnkey furnished and active, profitable seasonal and off season rental. Tastefully decorated 2 bedroom, 2 bath pool home. Less than 5 minutes from open water. Home has been updated, all tile floors, large Florida room with beautiful views of the canal. Watch the sunset from the deck of the sparkling blue pool! Call today to arrange a showing or to inquire about income potential! Agents please read confidential remarks and do not bother vacationing tenants.
Oct 6, 2021 No longer available -
No longer available
Jun 18, 2021 Sold
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, DualSinks, LivingDiningRoom, ShowerOnly, SeparateShower, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Refrigerator, Warming Drawer, Washer
Flooring Type: Tile
Laundry Features: In Garage
Exterior Details
Square Footage: 1041
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Ranch, OneStory
Year Built: 1965
Waterfront Features: Canal Access, Navigable Water, IntersectingCanal
Building Area Total: 1353
Window Features: SingleHung
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Deck
Pool Features: Electric Heat, Heated, In Ground, Salt Water, Concrete
Pool is Private
Lot Features: Rectangular Lot, SprinklersAutomatic
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Tax Lot: 14
Water Source: Public
Financial Details
Tax Annual Amount: $8,957
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,388
  • Gross Building Area: 2,388
  • Building Area: 1,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,201
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPE CORAL
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 001
  • Legal Description 1: CAPE CORAL UNIT 5 BLK 122 PB 11 PG 85 LOTS 14 + 15

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010802

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 12-13
  • Account Number: 10110952
  • Subdivision Tract Number: C3
  • Parcel: 13-45-23-C3-00122.0140
  • Block: 122
  • Lot: 14,15
  • Meridian: SEC 13 TWN 45S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5547
  • Longitude: -81.9648

    Address

  • Full Address: 5224 Tower Dr
  • Legal Unit: 5
  • Address - House Number: 5224
  • Address - Street Name: Tower
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: C060
  • 4-Digit Zip Code: 5851
  • Zip Code: 33904

Valuation

    Tax

  • Total Area: 1,395
  • Tax Year: 2023
  • Tax Amount: $812,522
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.0825
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 598,606
  • High Value: 648,036
  • Low Value: 549,175

    Market Valuation

  • Market Total Value: $533,299
  • Market Land Value: $533,289
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,951

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021000202168
  • Previous Sale Recording Date: Aug 02, 2004
  • Previous Sale Contract Date: Jul 15, 2004
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Caloosahatchee


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Frequently Asked Questions

When was property at 5224 Tower Drive built and last sold?
The property at 5224 Tower Drive was built in 1965 and last sold on Jun 14, 2021 for $472,000.
How much is this home worth?
The estimated value of the home located at 5224 Tower Drive is $506,982.
What are some comparable homes to 5224 Tower Drive?
There are currently no comparable homes to 5224 Tower Drive.