INNOVATE Real Estate
Single Family Residence at 5204 TOWER DR, CAPE CORAL
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$785,000

5204 TOWER DR
CAPE CORAL, FL 33904
Listed by Donna Mason, PA · KELLER WILLIAMS ELITE REALTY
Bedrooms
4
Bathrooms
3
Living area
1,959 sqft
Year built
1978

About this home

This is an exceptional fully remodeled waterfront home located off the Bimini Basin in Cape Coral’s desirable Yacht Club area. Purchased and upgraded through a contractor who intended to make it his own residence, this home reflects a higher level of quality, detail, and finish throughout. Offering 4 bedrooms plus a den and 3 baths, this residence blends luxury interior upgrades with one of Cape Coral’s most sought-after boating lifestyles. Inside, the home features hurricane impact windows and doors, luxury vinyl flooring, spray foam insulation, custom closets, remote-controlled window coverings, and pocket sliders that open to an unobstructed waterfront view. The kitchen is beautifully finished with custom wood cabinetry, quartz countertops with a waterfall edge, designer backsplash, stainless steel appliances, and an open layout ideal for entertaining. The bathrooms continue the upscale feel with frameless shower doors and quality finishes. Major updates provide additional peace of mind, including plumbing and electrical replaced in 2019, roof replaced in 2019, and a newer A/C system. This is not a basic cosmetic remodel — it is a thoughtfully upgraded home with quality improvements inside and out. Step outside to enjoy the best of Southwest Florida waterfront living. The fenced rear yard offers privacy, while the composite deck, built-in summer kitchen, boat dock, canvas canopy, and boat lift create the perfect setup for boating, relaxing, and entertaining. The dock, canvas, and boat lift were completed in 2021. Located on deep water with sailboat access, no bridges, and just minutes to the river, this is an ideal location for boaters who want quick and easy access to open water. At the end of the day, unwind on the lanai and take in beautiful sunset views over the water. Close to Bimini Basin, fine dining, waterfront restaurants, shopping, and entertainment, this home delivers the perfect combination of luxury finishes, quality renovations, boating convenience, and the Cape Coral lifestyle buyers are looking for.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRO6422896
Property type
Single Family Residence
Subdivision
CAPE CORAL
Status
Active
Days on market
1
On market date
July 7, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
0.22 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
CAPE ELEMENTARY SCHOOL
1.34 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
707
Student:teacher ratio
18.6:1
District
LEE
Middle
GULF MIDDLE SCHOOL
3.59 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
828
Student:teacher ratio
19.3:1
District
LEE
High
CAPE CORAL HIGH SCHOOL
3.73 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,809
Student:teacher ratio
21.8:1
District
LEE

Walkability

Blended score for CAPE CORAL's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

71
Walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks4
Schools7
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in CAPE CORAL, from live MLS data.

On the market 1 days -- 132 fewer days than CAPE CORAL's current average of 133 days.
For reference, the median list price across 640 active listings in CAPE CORAL right now is $265,000.

Mortgage calculator

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Est. monthly payment
$4,877/mo
$157,000 down
$628,000 loan
Principal & interest$4,073
Property tax (est.)$654
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.