Check Availability
$599,900
House - For Sale

5246 Tower Drive

CAPE CORAL, FL 33904
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1428 Sqft
$3,588
Estimated Monthly
2.32%
Cap Rate

About This Property

Hidden gem located in the highly desired Yacht Club of Cape Coral.  Direct Gulf access-no bridges, within 10 minutes of open water just off of Bimini Basin...location is primo!!  This home has been completely remodeled from top to bottom including interior and exterior paint, new flooring and trim, new light fixtures inside and out, newly remodeled baths and kitchen and Plantation shutters throughout the home.  Access the large screened in lanai and pool area from the living room and owner's suite.  Abundant cabinet space and pantry in the kitchen along with a pass through window to lanai.  Beautiful vegetation including a mango tree in the back yard.   Quick boating access to the new upcoming Bimini Square opening in 2025 that will be home to Deep Lagoon waterfront restaurant and a variety of retail shops.

The manager has listed the unit size as 1428 square feet.
Unit Size
1,428Ft²
Days on Market
38 days
Land Size
0.23 acres
Price per sqft
$420
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1961

Listed By

Lisa LaBrant
Sellstate Island Properties
Last updated: 2 months ago (FMSWFL #224043395)

Price History

Date / Event Date Event Price
May 14, 2024 Listed by Sunshine State Realty Services $599,900
Listed by Sunshine State Realty Services
Mar 4, 2024 No longer available -
No longer available
Mar 4, 2024 Sold to Quality Contracting Llc 2 $455,000
Sold to Quality Contracting Llc 2
Feb 28, 2024 In contract -
In contract
Feb 9, 2024 Relisted $480,000
Relisted
Show More

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Block
Concrete Block
Stucco

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,862
  • Gross Building Area: 3,862
  • Building Area: 1,428
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CAPE CORAL
  • Land Acres: 0.23
  • Legal Description 1: CAPE CORAL UNIT 5 BLK.122 PB 11 PG 84 LOTS 3 + 4

Ownership

  • Current Owner : 2 QUALITY CONTRACTING LLC
  • Previous Owner : MOFFET DAVID HARRY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 12-13
  • Account Number: 10110947
  • Subdivision Tract Number: C3
  • Parcel: 13-45-23-C3-00122.0030
  • Block: 122
  • Lot: 3,4
  • Meridian: SEC 13 TWN 45S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5536
  • Longitude: -81.9642

    Address

  • Full Address: 5246 Tower Dr
  • Legal Unit: 5
  • Address - House Number: 5246
  • 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: 1,654
  • Tax Year: 2023
  • Tax Amount: $7,704
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 93
  • Final Value: 479,212
  • High Value: 518,685
  • Low Value: 439,739

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $569,980
  • First Open Lien Mortgage Lender: GROUNDFLOOR CREDIT 1 LLC
  • First Open Lien Mortgage Recording Date: Mar 04, 2024
  • First Open Lien Mortgage Loan Amount: $454,980
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025
  • Second Open Lien Mortgage Recording Date: Mar 04, 2024
  • Second Open Lien Mortgage Loan Amount: $115,000
  • Second Open Lien Mortgage Term: 12
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Market Valuation

  • Market Total Value: $625,556
  • Market Land Value: $533,340
  • Market Improvement Value: $75,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,174

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Transaction ID: 11921891925
  • Current Sale Price: $455,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 61383

    Last Sale Mortgage

  • First Mortgage Lender: GROUNDFLOOR CREDIT 1 LLC
  • First Mortgage Transaction Date: Mar 04, 2024
  • First Mortgage Loan Amount: $454,980
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Mar 01, 2025
  • Second Mortgage Transaction Date: Mar 05, 2024
  • Second Mortgage Loan Amount: $115,000
  • Second Mortgage Terms: 360

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,433 ft²
$406/ft²
$582,000 Jun 2, 2023
$582,000 Aug 3, 2023
$497/mo
House
3 Beds
3 Baths
1,373 ft²
$499/ft²
$685,000 Nov 3, 2023
$685,000 Mar 1, 2024
$508/mo
House
3 Beds
2 Baths
1,711 ft²
$359/ft²
$615,000 Feb 7, 2024
$615,000 Apr 19, 2024
$226/mo
House
3 Beds
2 Baths
1,643 ft²
$346/ft²
$569,000 Oct 17, 2023
$569,000 Jan 31, 2024
$492/mo
House
3 Beds
2 Baths
1,704 ft²
$249/ft²
$425,000 May 24, 2023
$425,000 Aug 31, 2023
$219/mo
House
4 Beds
3 Baths
1,783 ft²
$317/ft²
$565,000 Aug 9, 2023
$565,000 Feb 23, 2024
$424/mo
House
2 Beds
2 Baths
1,400 ft²
$450/ft²
$629,900 Apr 3, 2024
-
$344/mo
House
2 Beds
2 Baths
1,413 ft²
$445/ft²
$629,000 Apr 2, 2024
-
$616/mo
House
2 Beds
2 Baths
1,691 ft²
$355/ft²
$599,900 Mar 30, 2024
-
$196/mo
House
2 Beds
2 Baths
1,227 ft²
$431/ft²
$529,000 Sep 25, 2023
-
$423/mo
House
2 Beds
2 Baths
1,041 ft²
$581/ft²
$605,000 Oct 10, 2023
-
$544/mo
House
2 Beds
3 Baths
1,101 ft²
$635/ft²
$699,500 Apr 22, 2024
-
$558/mo

About Caloosahatchee


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Frequently Asked Questions

When was property at 5246 Tower Drive built and last sold?
The property at 5246 Tower Drive was built in 1961 and last sold on Feb 20, 2024 for $455,000.
How much is this home worth?
The estimated value of the home located at 5246 Tower Drive is $583,197.
What are some comparable homes to 5246 Tower Drive?
Homes that are comparable to 5246 Tower Drive include a house property at 5129 Santa Rosa Court, 4814 Triton Court West, 5133 Sunnybrook Court.

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