David Ramirez
$7,000,000$8,300,0007 bd6.5 ba8,550 sqft$819 /sqft$46,119 /mo all-in ↓

5735 RIVERSIDE DRIVE, CAPE CORAL, FL, 33904

Active129 days on marketListed Mar 18, 2026MLS #A4686737

Reduced $1.3MWaterfrontPrivate poolSingle Family ResidenceCAPE CORAL

About this home

5735 RIVERSIDE DRIVE

WOW Factor !!! Welcome to one of the most UNIQUE Waterfront Estates in all of SW Florida! This extraordinary 9,000-square-foot custom residence delivers the ultimate “Waterfront WOW Factor” here in Paradise. Engineered for strength and longevity, the home was constructed using Insulated Concrete Form (ICF) with 30ft pilings supporting both the residence and pool foundations, complemented by full IMPACT WINDOWS and expansive impact glass sliders throughout. This house is SOLID and BEAUTIFUL at the same time. From the moment you enter through the dramatic SOLID-WOOD pivot front door, your eyes are drawn to the breathtaking Caloosahatchee River views, framed by spectacular quad sliding doors. ITALIAN MARBLE flooring flows throughout the home, leading to Five Private Bedroom Suites - each with walk-in closets and spa-inspired full baths and walk-in showers. A first-floor Den/Office delivers flexibility, while the 2nd floor loft and 3rd floor level provide opportunities for additional bedrooms if desired. The Chef’s Kitchen is a true showpiece, centered around a MASSIVE island cooktop with statement hood vent, extensive illuminated cabinetry, and endless waterfront prep space. PREMIUM appliances include a Wolf double oven, Sub-Zero refrigerator, wine refrigeration, trash compactor, and even a Wolf outdoor gas grill. Additionally, an enormous walk-in butler’s pantry - designed to double as a safe room - adds both function and peace of mind. Occupying the 2nd floor is the huge primary suite. It is a private retreat with expansive windows and DUAL BALCONIES, capturing panoramic river views. The spa-like en-suite bath features dual vanities, a soaking Jacuzzi tub, and a spectacular 10' x 12' walk-in shower with multiple heads and body sprays. All seamlessly connected to a personal sauna for the ultimate at-home Spa Experience. Two additional en-suite bedrooms and a loft area complete this level of the Home. A private ELEVATOR services all floors, including the expansive 1,000-square-foot 3rd floor Bonus Space - ideal for a Fitness studio, Yoga retreat, Game arena, Event venue, or additional living quarters. The Top Floor also features a dedicated theater room with custom projection system. The house is setup for Full smart-home wiring, Generator readiness, and Quad Zoned HVAC with separate handlers for each floor and the garage. Outdoor living captures the essence of Southwest Florida luxury. Travertine Tile surrounds the oversized INFINITY-EDGE pool with a huge sun shelf, perfectly positioned for sunrise coffee, sunset cocktails, and waterfront entertaining. With deep-water, no-bridge Gulf access, your boat reaches the Open Waters of the SE United States of America within minutes. This is more than a home... it is a fortified Waterfront Estate designed for luxury living in Paradise. Come and Live the ultimate Southwest Florida lifestyle!

Facts & features

The home at a glance

7

Bedrooms

6.5

Bathrooms

8,550

Sqft

0.24 ac

Lot size

2

Garage

2023

Year built

Three Or More

Levels

$819

Per sqft

Private poolWaterfrontPool & Water viewPets allowed

Inside

FlooringCeramic Tile
AppliancesBar Fridge · Built-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Microwave · Range · Range Hood · Refrigerator · Trash Compactor · Washer · Wine Refrigerator
InteriorAccessibility Features · Cathedral Ceiling(s) · Elevator · High Ceilings · Open Floorplan · Sauna · Smart Home · Solid Surface Counters · Thermostat · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air · Mini-Split Unit(s) · Zoned
HeatingCentral

Outside & construction

RoofConcrete · Tile
ConstructionICFs (Insulated Concrete Forms) · Stone · Stucco
FoundationBlock · Concrete Perimeter · Other · Pillar/Post/Pier · Slab
ViewPool · Water
FacesWest
ExteriorBalcony · Irrigation System · Lighting · Outdoor Kitchen · Rain Gutters · Sauna · Sidewalk · Sliding Doors

Community & fees

Taxes (2025)$66,752/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electricity Connected · Other
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$46,119 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$37,772
PMI (est., until 20% equity)$2,625
Property tax — 2025 actual bill$5,563
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $700,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $700,000
Interest rate6.00%
Loan term

Estimated payment

$46,119/mo

Principal & interest$37,772
PMI (est., until 20% equity)$2,625
Property taxes (actual bill)$5,563
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs CAPE CORAL

$819 vs $246

Days on market

129 vs 39 typical

Where $819/sqft sits among the 126 homes for sale in CAPE CORAL

80
26
11
8
0
1 · this home
$161–271$271–381$381–490$490–600$600–709$709+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Yacht Club

Map of 5735 RIVERSIDE DRIVE inside its neighborhood boundary

Get to know Cape Coral. See the full Cape Coral guide →

Yacht Club — neighborhood snapshot

Population

527

Median age

60

Median income

$115,250

Median home value

$614,700

Avg household

2

Households w/ children

30%

For the school run

Lee County School District

ElementaryCape Elementary School★★★★★
ElementaryPelican Elementary School★★★★★
HighCape Coral High School★★★★★
MiddleGulf Middle School★★★★★
ElementaryGulf Elementary School★★★★
HighIda S. Baker High School★★★★★
MiddleTrafalgar Middle School★★★★★
HighNorth Fort Myers High School★★★★
HighMariner High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Cape Coral market

Seller’s marketLeans buyer7.2 months of inventoryBuyer’s market

$375K$411K

Cape Coral median sold, yr/yr

96.7%

Sale-to-list ratio (12 mo)

53 of 126

CAPE CORAL have cut their price

Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 1439% above the CAPE CORAL 33904 median. See the full Cape Coral market guide →

Paper trail

This home's history

CurrentPrice reduced to $7,000,000 $1.3M
Mar 18, 2026Listed at $8,300,000 · 129 days on market since
2023Built · CAPE CORAL

Reality check

What actually sold near 5735 RIVERSIDE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

800 NW 36TH AVENUESold · Dec ’25

$900,000

800 NW 36TH AVENUE · same community

5 bd · 4.5 ba · 3,692 sqft · $244/sqft · 121 DOM

2526 SW 25TH AVENUESold · Dec ’25

$1,050,000

2526 SW 25TH AVENUE · same community

4 bd · 3 ba · 2,611 sqft · $402/sqft · 24 DOM

239 SW 24TH PLACESold · Dec ’25

$418,000

239 SW 24TH PLACE · same community

4 bd · 3 ba · 2,306 sqft · $181/sqft · 44 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5735 RIVERSIDE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5735 RIVERSIDE DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

5735 RIVERSIDE DRIVE FAQs

What would the monthly payment be for 5735 RIVERSIDE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $46,119/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5735 RIVERSIDE DRIVE?+

The most recent tax bill on record (2025) was $66,752. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5735 RIVERSIDE DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Cape Coral?+

At $7,000,000, this home is listed about 1509% above the Cape Coral median of $435,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5735 RIVERSIDE DRIVE?+

Cape Elementary School (elementary), Pelican Elementary School (elementary), Cape Coral High School (high), Gulf Middle School (middle), Gulf Elementary School (elementary), Ida S. Baker High School (high), Trafalgar Middle School (middle), North Fort Myers High School (high), Mariner High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$7,000,000 runs 1439% above the CAPE CORAL 33904 median — but at 8,550 sqft it's also nearly 5 times the size of the typical Cape Coral listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

129 days on market against a Cape Coral median of 39 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Cape Elementary School, Pelican Elementary School, Cape Coral High School, Gulf Middle School, Gulf Elementary School, Ida S. Baker High School, Trafalgar Middle School, North Fort Myers High School, Mariner High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $8,300,000, now $7,000,000 — a $1.3M cut. The full history is in the market section below.

Listing courtesy of RE/MAX REALTY TEAM · Barry Goettemoeller. MLS #A4686737.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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