5227 Coronado Parkway, Apt 1

$599,000

Beds: 5

Baths: 3.00

Ft²: 2,306

Lot Acres: 0.25

Year Built: 1976

Heat: Central,Electric

Roof: Shingle

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5227 Coronado Parkway, Apt 1
Cape Coral, Florida 33904
United States

Subdivision: CAPE CORAL

County: Lee

Sale Type: For Sale

Ref #: 2026026806

Last Updated: Thursday, 18 June 2026 04:55

Category: Single Family

Listed by John R. Wood Properties

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 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.