5204 TOWER DRIVE, CAPE CORAL, FL, 33904
Active17 days on marketListed Jul 7, 2026MLS #O6422896
About this home
5204 TOWER DRIVE
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.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,959
Sqft
0.22 ac
Lot size
2
Garage
1978
Year built
One
Levels
$401
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,257 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,257/mo
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.
vs edgeAI estimate
+101.6%
$/sqft vs CAPE CORAL
$401 vs $246
Days on market
17 vs 39 typical
Where $401/sqft sits among the 125 homes for sale in CAPE CORAL
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 Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33904 — neighborhood snapshot
Population
32,925
Median age
58.6
Median income
$66,933
Median home value
$347,100
Avg household
2.21
Households w/ children
1,918
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $411K
Cape Coral median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
53 of 125
CAPE CORAL have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 73% above the CAPE CORAL 33904 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 5204 TOWER DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$375,000
3007 ACADEMY BOULEVARD · same community
3 bd · 2 ba · 1,914 sqft · $196/sqft · 101 DOM
Sold · Dec ’25$444,000
2711 SW 27TH STREET · same community
3 bd · 2 ba · 2,028 sqft · $219/sqft · 30 DOM
Sold · Jun ’26$384,000
123 SW 29TH STREET · same community
4 bd · 2.5 ba · 2,048 sqft · $188/sqft · 46 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5204 TOWER DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5204 TOWER 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.
Straight answers
5204 TOWER DRIVE FAQs
What would the monthly payment be for 5204 TOWER DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,257/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 5204 TOWER DRIVE?+
The most recent tax bill on record (2025) was $6,803. 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 5204 TOWER 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 $785,000, this home is listed about 80% 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 5204 TOWER DRIVE?+
Pelican Elementary School (elementary), Cape Coral High School (high), Cape Elementary School (elementary), Gulf Middle School (middle), Gulf Elementary School (elementary), Ida S. Baker High School (high), Trafalgar Middle School (middle), Mariner High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$785,000 runs 73% above the CAPE CORAL 33904 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Pelican Elementary School, Cape Coral High School, Cape Elementary School, Gulf Middle School, Gulf Elementary School, Ida S. Baker High School, Trafalgar Middle School, Mariner High School, North Fort Myers High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ELITE REALTY · Donna Mason, PA. MLS #O6422896.
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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