Front elevation5349 COBALT COURT, CAPE CORAL, FL 33904
As of September 10, 2026, 5349 Cobalt Court in Cape Coral is listed at $769,000 (1,956 sq ft, about $393 per sq ft). It came to market within the past week. Listing facts: built in 1971, a private pool, no HOA. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 1971 · 55 yrs
- 1,956 sq ft of living area
- 2-car garage
- Active listing
- HOA ~$50/mo (estimate; confirm)
This home’s history
- 1971BuiltPer public record
- Sep 10, 2026First trackedObserved at $769,000
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $3,974/mo 78%
- Taxes $673/mo 13%
- Insurance $417/mo 8%
- HOA $50/mo 1%
$5,114/mo at 20% down, 30-yr @ 6.71% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Momentum Property Score
55/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟡 Asking $393 per square foot, about in line with the community’s $393 median. PARK TWO/LAKEWOOD’s 12-month median sold price per square foot is $393. MLS facts: Stellar MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
What’s unique here: one of only 688 active listings in PARK TWO/LAKEWOOD, no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 10, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
Hot Cape Coral Yacht Club and Beach location — set in a boater’s dream location, with luxury boats lining the Cortez Canal and effortless straight-out Gulf access — no bridges, no locks. Situated at 5349 Cobalt Ct, this premier waterfront home sits mid-canal near the cul-de-sac, offering easy navigation, deep water, and a prime saltwater canal setting. Just a short distance to the City of Cape Coral’s Masterplan Cape Coral Yacht Club Community Park — a $225 million redevelopment featuring a marina, public beach, pier, and more.
Living near this crown jewel is truly a once-in-a-lifetime opportunity. The property features an 80' seawall, wide 70' Cortez Canal, and a private heavy-duty electric boat lift with four motors, high lifting capacity appx 10,000lbs, and kept in excellent condition to protect your boat investment. Step into your outdoor oasis with a sparkling blue concrete pool, complete pool renovation, travertine pool deck, stone paver sundeck, screened-in real lanai, and a convenient pool bath.
The fully fenced 6' privacy yard adds comfort and security, while accordion hurricane shutters and Lexan storm panels provide strong storm protection. Inside, the home showcases a huge, airy open floor plan like no other, with expansive living areas that flow seamlessly into a massive entertaining kitchen designed for hosting big crowds and unforgettable gatherings. The rear dining area overlooks the water, and wall-to-wall glass sliders fill the home with natural light and frame stunning views of the pool and canal.
Recessed lighting and luxury vinyl flooring throughout create a bright, modern coastal feel. The interior has been beautifully refinished with fresh texture on walls and ceilings, giving the entire home the crisp, clean look and feel of a brand-new residence. The professionally remodeled kitchen features custom-designed modern soft-close cabinetry, quartz countertops, and stainless-steel appliances.
Both bathrooms have been completely remodeled with modern finishes and updated fixtures. Additional upgrades include new interior and exterior doors, new light fixtures, new mirrors, new toilets, new outlets and switches, and all-new interior and exterior hardware and finishes. Major systems have also been updated, including a beautiful dimensional shingle roof, newer HVAC system, and newer hot water tank.
Offering 3 bedrooms, 2 bathrooms, a 2-car garage, and 1,956 sq ft of air-conditioned living space, this home delivers the best of Cape Coral waterfront living — deep water, premium boating access, and a prime Yacht Club neighborhood — all wrapped in a fresh, modern, fully renovated interior. Don't miss seeing this home on the "South" side of El Dorado Blvd, "closer run to the river". No HOA in this waterfront community.
See Zillow tour linked and floor plan. Multi-million $ homes surround the area. Wonderful month-to-month tenant in place—excellent income potential...
tenant may be open to staying long-term if interested. Call today for more information!
Description provided by COLDWELL BANKER RESIDENTIAL CC and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Provided via the Stellar MLS Internet Data Exchange, as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID. · deemed reliable but not guaranteedIDX 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 by the MLS to be accurate.The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Actual list price: $769,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 27% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & updates — a 1971 home may have had its roof, kitchen, or HVAC replaced since, or not; sq ft can't see either.
- The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
- Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
- Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.
- The pool — a private pool carries cost and value that living area doesn't capture.
And here's what the live market is doing — which the number above ignores entirely:
- 633 active listings competing, 113 under contract
For reference, this home is listed at $769,000 ($393/sq ft) — a number set with analysis a Messtimate can't do.
Selling your own home? Try the Messtimate on your address →
Methodology: 1,956 sq ft × $346–$440/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 10, 2026.
Similar homes for sale near CAPE CORAL
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by COLDWELL BANKER RESIDENTIAL CC · MLS # C7530570
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Recent sales activity in CAPE CORAL
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the CAPE CORAL neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Go deeper on CAPE CORAL
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Lee County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
See schools in the CAPE CORAL guide → · Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
No closely comparable recent sales were found in this data set.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 5349 Cobalt Court, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 1971 (55 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
- Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
- Get a homeowners insurance quote for this specific address in Lee County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
- Listed living area is 1,956 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $8,075/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- Confirm school zoning directly with the district.
Approximate distances
Approximate drive times for general reference only.
Groceries, dining, and parks for this city — see the city guide.
Schools, taxes, and services are county-administered — see the county guide.
View →Amenities and HOA/CDD detail on the neighborhood guide.
View →Data sources & freshness
| Listing record | Stellar MLS, refreshed twice daily (last: September 10, 2026) |
| Community market stats | Stellar MLS closed sales, as of July 15, 2026 |
| Flood zone & elevation | Not verified for this address — look it up at msc.fema.gov |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 5349 Cobalt Court and when was it built?
Per the listing record, 5349 Cobalt Court was built in 1971 and has 1,956 sq ft of living area, 3 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 5349 Cobalt Court in?
5349 Cobalt Court is in Cape Coral, Lee County. The community section on this page shows recent closed sales, days on market, and active inventory for Cape Coral from the same MLS data.
Does 5349 Cobalt Court have an HOA?
The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.
Why might property taxes on 5349 Cobalt Court differ from the current owner's?
The estimate on this page (about $8,075 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 5349 Cobalt Court in a flood zone?
A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
See 5349 COBALT COURT in person
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
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MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Stellar MLS Internet Data Exchange, as distributed by MLS GRID. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Stellar MLS, as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.