515 GLEASON PARKWAY, Cape Coral, FL, 33914 | $479,900

Welcome to paradise at 515 Gleason Parkway in beautiful Cape Coral, where affordable Southwest Florida waterfront living meets an extraordinary lifestyle. Perfectly positioned on a rare oversized freshwater basin lot with an impressive 215 feet of water frontage and canals bordering two sides of the property, this exceptional residence captures wide water views and the kind of serenity buyers dream about when they imagine Florida living.

From the moment you arrive, the tropical curb appeal sets the tone with lush landscaping, towering mature palms, and a sense of privacy that immediately feels like home. Inside, this charming pool home offers three spacious bedrooms, two beautifully updated baths, soaring cathedral ceilings, and an inviting open layout designed for comfortable everyday living and entertaining alike. The island kitchen is the centerpiece of the home, featuring elegant quartz countertops, abundant cabinetry, and seamless flow into the main living areas overlooking the water and pool.

This home has been lovingly maintained and thoughtfully improved, creating tremendous value and peace of mind for the next owner. Recent updates include a brand-new roof completed in 2023, new fascia, soffits, and exterior paint in 2023, a newer pool cage, impact-rated 150 MPH hurricane garage door, accordion storm shutters, and all-new waterproof laminate flooring throughout the entire home. The fully fenced yard was installed just one year ago, providing both privacy and security for pets, family, and outdoor enjoyment.

Life on a freshwater canal offers an entirely different boating experience that many buyers specifically seek out in Cape Coral. Freshwater canals are ideal for pontoon boats, fishing boats, kayaks, paddleboards, and jet skis, with access to miles upon miles of interconnected canals and freshwater lakes throughout the city. Spend your days cruising scenic waterways, fishing from your own backyard, kayaking at sunrise, or enjoying peaceful evenings watching wildlife glide across the basin. Freshwater living also eliminates concerns about saltwater corrosion, making boat maintenance easier and more affordable.

The location places you close to some of the area’s most popular dining and entertainment destinations including Lobster Lady Seafood Market & Bistro, Rumrunners, Ford's Garage, and The Boathouse Tiki Bar & Grill, offering everything from waterfront dining and fresh seafood to vibrant nightlife and casual local favorites.

Families will appreciate proximity to respected schools including Trafalgar Elementary School, Trafalgar Middle School, and Cape Coral High School. Travel is convenient with nearby access to Southwest Florida International Airport and Punta Gorda Airport, making seasonal travel and visiting guests incredibly easy.

Commuters and travelers alike will enjoy quick access to major roadways including Veterans Memorial Parkway, Pine Island Road, Santa Barbara Boulevard, and US Highway 41, connecting you effortlessly to Fort Myers, beaches, shopping, golf, and all the attractions Southwest Florida has to offer.

This is more than just a home. It is a waterfront lifestyle opportunity where every day feels like a vacation.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Year Built: 1996
  • Garage: 2-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,633
  • Acreage: 0.28
  • Est. Taxes: $6,799
  • Water Front: Yes
  • Elem. School: Gulf Elementary
  • Middle School: Gulf Middle School
  • High School: Cape Coral High School
  • Pool: Gunite, In Ground, Lighting, Screen Enclosure, Tile
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: D6147342
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/D6147342/515gleasonparkway_capecoral_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 5/26/2026 4:50:33 AM)
Listing courtesy of CENTURY 21 SUNBELT REALTY   Phone: 941-625-6120

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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515 GLEASON PARKWAY, Cape Coral, FL, 33914

$479,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $383,920 $383,920 $383,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $567 $567 $567
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,364 $2,424 $3,188
Total Monthly Payment $3,006 $3,066 $3,830

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.