5227 Coronado Pkwy #1, Cape Coral, FL, 33904
About This Home
Waterfront Living, Income Potential & A Front-Row Seat to Cape Coral’s Future! Welcome to 5227 Coronado Parkway, where every day feels like a vacation! Perfectly positioned in Cape Coral’s legendary Yacht Club district, this rare waterfront opportunity delivers the lifestyle buyers dream about. Step into your backyard, hop on your boat, and be cruising in open water in approximately five minutes! Whether you’re an avid fisherman, boating enthusiast, paddleboarder, or sunset cruiser, this location puts the Gulf lifestyle right at your fingertips. And the future is even brighter. The Yacht Club is undergoing a transformational $225 million redevelopment, creating one of Southwest Florida’s premier waterfront destinations. Planned enhancements include a stunning two-story community center, expanded marina, waterfront dining venues, a beautifully redesigned beach, and a spectacular resort-style pool complex. Purchasing here isn’t just buying a home—it’s investing in one of Cape Coral’s most exciting waterfront neighborhoods. The property itself has been thoughtfully remodeled and offers exceptional versatility. Surrounded by recently planted Clusia hedges that will mature into a lush privacy wall, the setting is becoming an increasingly secluded tropical retreat. Bonus: Built-In Income Opportunity! This unique property includes a separate, fully renovated guest residence, generating approximately $25,200 annually in rental income while offering incredible flexibility for guests, extended family, or additional investment potential. The main residence features: 3 bedrooms, 2 bathrooms. Beautiful granite countertops. Spacious walk-in shower Private outdoor lanai perfect for morning coffee or evening cocktails The guest residence features: 2 bedrooms, 1 bathroom. Granite countertops. Its own private lanai and outdoor living space Finding a Gulf-access property in the Yacht Club area at this price point is becoming increasingly rare. With no HOA fees, waterfront access, income-producing potential, and a location positioned to benefit from one of Cape Coral’s most significant redevelopment projects ever, 5227 Coronado Parkway offers an extraordinary opportunity to live, invest, and enjoy the Southwest Florida waterfront lifestyle. Bring your boat, your fishing poles, and your flip-flops—paradise is waiting.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1976
Materials
- Roof: Shingle
- Construction materials: Block,Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Other,Ranch,One Story,See Remarks
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Cooktop,Freezer,Microwave,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Other,High Speed Internet,Other
- Window features: Casement Window(s)
- Flooring: Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 2,306
- Total interior livable area: 2,306 sqft
Property
Details
- Parcel number: 184524C400047.0320
- Lease amount: 0
- Zoning description: RML
Features
- Stories: 1
- Exterior features: Courtyard,None,Room For Pool
- Has view: Yes
- View description: Canal,Water
- Has water view: Yes
- Water view: Canal,Water
- On waterfront: Yes
- Waterfront features: Canal Access,Navigable Water,Seawall
Lot
- Lot size: 10,759 sqft
- Features: Rectangular Lot
- Lot size dimensions: 1 x 1 x 1 x 1
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,927 | $35,124 |
| Home Insurance * | $467 | $5,604 |
| Property Taxes | $376 | $4,512 |
| Electricity | $232 | $2,784 |
| Total | $4,002 | $48,024 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Price change | $579,000 |
| 2026-06-18 | Listed for sale | $599,000 |
| 2026-03-31 | Listing removed | $630,000 |
| 2026-03-05 | Price change | $630,000 |
| 2026-01-20 | Price change | $665,000 |
| 2025-11-29 | Price change | $675,000 |
| 2025-11-22 | Price change | $725,000 |
| 2025-11-13 | Listed for sale | $775,000 |
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