5 months on rocket

5639 Riverside Dr, Cape Coral, FL, 33904

$1,299,000

0.31 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontRiver Front, Rocky Shoreline, Seawall
ViewRiver
MLS #224054912
Lot Size0.31 Acres
StatusActive

About 5639 Riverside Dr

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.

Property Details

Property Features

Listing Office:

  • Office Name: Blue Line Realty of SWFL
  • Office Phone: (239) 355-2370
  • Listing Agent: Jennifer Pentico

Exterior Features

Exterior Information:

  • Waterfront: River Front, Rocky Shoreline, Seawall
  • View: River

Lot Features

Lot Information:

  • Lot: Cleared, Oversized Lot, Cul-De-Sac
  • Lot Size: 0.31 Acres

Other

Directions Information:

  • Directions: Driftwood Pkwy to East on Lennox and north on Riverside Dr -

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000

Tax Information:

  • Annual Amount: $6,057
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

79

# of Sold Homes

373

5639 Riverside Dr vs Cape Coral

150 DAYS ON ROCKET

+71 Days

$1,299,000

+$908.9K More

KEY TAKEAWAY

This property is $908.9K more than the Median Sold Price in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224054912

Listing Office:

  • Office Name: Blue Line Realty of SWFL
  • Office Phone: (239) 355-2370
  • Listing Agent: Jennifer Pentico

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/25/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,057$341,318
2019$5,882$333,644
2018$5,891$327,423
2017$5,875$320,689

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1503214
8
/10
  • Cape Elementary School

  • 4519 Vincennes Blvd

  • 1.40 miles

  • Public District Grades KG-5

school-card-donut-1503215
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-1503216
5
/10
  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 2.60 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,359. The most common annual income of people living in Cape Coral, FL is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5639 Riverside Dr

What is the listing price of this property?

The listing price of 5639 Riverside Dr property is $1,299,000.

What type of property is this?

The property 5639 Riverside Dr is land located in Cape Coral, Florida, 33904.

Is this property for sale now?

Active Listing: 5639 Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,057 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5639 Riverside Dr is 0.31 acres.
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Rocket Homes›Florida›Lee County›Cape Coral›33904›5639 Riverside Dr

This home is located at 5639 Riverside Dr in Cape Coral, FL and zip code 33904 in the Caloosahatchee neighborhood. This home sits on a 0.31 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $1,299,000.

Cape Coral, FL housing market in October 2024 saw over 30 listings sold above listed price, more than 80 sold at listed price and over 263 sold below. The number of listings in Cape Coral, FL increased by 5% between September 2024 and October 2024. Listings spent 79 days on the market in October 2024, and had a median list price of $390,012 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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