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$515,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5224 Tower Dr
General
- Price: $515,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 226038723
- Updated: 10/26/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Split Bedrooms, Den - Study, Florida Room, Guest Bath, Guest Room, Built-In Cabinets, Wired for Data, Walk-In Closet(s)
- Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator/Freezer, Self-Cleaning Oven, Warming Drawer, Washer
- Furnishings: Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Dining - Living
- Laundry: In Garage
Additional Information
- Shared Amenities: None, No Subdivision, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Electric Heat, Salt Water, Screen Enclosure
- Security/Safety: Security System, Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Dock, Boat Lift, Composite Dock, Dock Included, Elec Avail at dock, Automatic Sprinkler
- Porch/Patio/Deck: Glass Porch, Screened Lanai/Porch, Deck, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Garage Door Opener, Attached
Location
- Area: CC11 - Cape Coral Unit 1, 2, 4-6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Direction Faces: Northeast
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung, Window Coverings
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,041
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,041 Sq. Ft.
- Year Built: 1965
Lot Features
- Property View: Canal, Intersecting Canal, Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Irrigation System: Assessment Paid, Central
- Lot Features: Regular
- Zoning: R1
- Lot Description: Regular
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Via Boat Lift, Canal Front, Intersecting Canal, Navigable Water, Seawall
- Canal Width: Canal Width 31-80
Financial Considerations
- Tax Year: 2025
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CAPE CORAL UNIT 5 BLK 122 PB 11 PG 85 LOTS 14 + 15
- Property ID: 13-45-23-C3-00122.0140
- Section: 13
- Block: 122
- Lot Number: 14
Listed by Hovland Realty, LLC
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Schools
Schools serving 5224 Tower Dr
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.4 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.4 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 3.9 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 3.7 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 5.6 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 3.9 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.9 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 8.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5224 Tower Dr
Date
Details
Price
Change
Source
10/26/2026
Listed
$515,000
9.11%
MLS
6/14/2021
Sold
$472,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5224 Tower Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,957
—
$450,673
-13%
2025
$8,957
5%
$516,047
-5%
2024
$8,541
5%
$542,275
2%
2023
$8,125
71%
$533,299
120%
2021
$4,762
-30%
$242,796
-38%
2022
$6,797
43%
$389,955
55%
2021
$4,762
4%
$251,771
24%
2018
$4,563
15%
$203,414
10%
2017
$3,966
1%
$184,922
-4%
2016
$3,911
6%
$192,957
8%
2015
$3,676
5%
$178,500
5%
2014
$3,487
-27%
$169,600
-24%
2019
$4,782
54%
$223,755
48%
2013
$3,110
—
$150,905
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5224 Tower Dr
5224 Tower Dr, Cape Coral, FL 33904 (MLS# 226038723) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5224 Tower Dr is currently listed for $515,000 and was received on October 26, 2026. Want to learn more about 5224 Tower Dr? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

