Waterfront
Address
5639 Riverside Drive, Cape Coral, FL
Price
$ 1,499,000
Property Attributes
  • MLS#224054912
  • TypeLand
  • CountyLEE
  • CityCape Coral
  • AreaCC11 - Cape Coral Unit 1 - 2 - 4-6
  • NeighborhoodYACHT CLUB
  • Zip33904
  • StyleResidential
  • Taxes$ 5864
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.309 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Welcome to this oversized Riverfront lot in the desirable Yacht Club area of Cape Coral! This property is situated on one of the best streets in the city, offering a prime location close to downtown amenities and within walking distance to the Cape Coral Yacht Club and Beach. One of the key highlights of this property is the significant investment being made by the City of Cape Coral, with over 50 million dollars being allocated to enhance the Yacht Club. This investment will bring new restaurants, pools, and resort-style amenities, ensuring an exceptional living experience for residents. Enjoy breathtaking sunrise views and convenient access to the Gulf of Mexico. With a brand new seawall featuring 10' panels, it surpasses the previous seawall in height by 2 feet, ensuring enhanced protection and peace of mind. The previous home on the lot has already been torn down, making it ready for a new build. This eliminates the need for impact fees, saving you valuable costs. Additionally, conceptual floor plans are available upon request, providing you with a head start in visualizing your dream home on this exceptional lot. Don't miss out on the opportunity to own this prime riverfront property in the desirable Yacht Club Area.

Price History
6/27/2024 Listed $1,499,000

General Features

Sewer AssessmentPaid,PublicSewer
Utilities ElectricityAvailable,SewerAvailable,WaterAvailable
Possession CloseOfEscrow
HOA 0.0
Association Fee Includes None
View River
Property SubType Residential
Tax Year 2023
Current Use SingleFamily
Waterfront Features RiverFront,Riprap,Seawall
Community Features NonGated
County Lee
New Construction No
Property Type Land
Association Amenities None
HOA / Comm Assn No
Attached Garage No
Subdivision Name YACHT CLUB
Facing Direction West
Garage Y/N No
Status Active
Directions Driftwood Pkwy to East on Lennox and north on Riverside Dr -
City CAPE CORAL
Disclosures RVRestrictions
Land Lease Amount 0.0
View Y/N Yes
Senior Community Y/N No
Zoning Description R1-W
MLS Area CC11 - Cape Coral Unit 1,2,4-6
Lot Size Units Acres
Waterfront Y/N Yes
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5864.47
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Tax Lot 21
Property Sub Type Additional Residential,UnimprovedLand
MobileHomeRemainsYN No
PostalCity CAPE CORAL
Legal Description CAPE CORAL UNIT 1 PT.2 BLK.4 PB 11 PG 34 LOTS 21 + 22 + PORT BETWEEN LOT + CANAL AS DESC IN OR 965 PG 495 EX B
Condo Fee 0.0

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Vegetation Grassed
Lot Features Cleared,OversizedLot,CulDeSac
Water Source AssessmentPaid,Public
Lot Size Area 0.309
Horses No
Spa No
Irrigation/Water Rights No
Lot Dimensions 81 x 173 x 81 x 174
Lot Size Acres 0.309
Lot Size Source Survey
Covered Spaces 0.0
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Survey

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33904

Price
AVG $640K
$1.5M
Taxes
AVG $4,666
$5,864

Areas We Cover