5227 Coronado Parkway Unit 1, Cape Coral, FL 33904

$599,000

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… Read More 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. Read Less

Courtesy of Anthony DiBiase, John R. Wood Properties.

Listing Snapshot

Days Online

Last Updated

Jun 19, 2026

Property Type

SingleFamilyResidence

Beds

Full Baths

Square Ft.

2,306

Lot Size

0.25 Acres

Year Built

1976

MLS Number

2026026806

30 Days Snapshot Of 33904

$254k

+28%

(avg) sold price

-8%

homes sold

106

-32%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road responsibility: PublicMaintainedRoad

Appliances & Equipment

Dryer, Dishwasher, ElectricCooktop, Freezer, Microwave, Refrigerator, Washer

Building

Built in 1976, Architectural style: Other, Ranch, OneStory, SeeRemarks, Construction materials: Block, Concrete, Stucco, 1, 1 total story, Toal building area: 2306

Community

BoatFacilities, NonGated, None, StreetLights

Cooling

CentralAir, CeilingFans, Electric

Exterior Features

Courtyard, None, RoomForPool

Floors

Tile

Water Features

CanalAccess, NavigableWater, Seawall

Heating

Central, Electric

Home Owner's Association

Association amenities: BikeStorage, RvBoatStorage, SeeRemarks

Interior Features

Furnished: Negotiable, HighSpeedInternet

Lot

0.247 acres, RectangularLot

Parking

2 carport spaces, 2 covered spaces, AttachedCarport

Pets Policy

Yes

Property

Canal, Water

Roof

Shingle

Security Features

None

Sewer

AssessmentPaid

Taxes

Year: 2024

Utilities

CableAvailable

Windows

CasementWindows

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