5314 Cobalt Court An exceptional confluence of location, boating freedom, resort-style amenities, and proven income potential, this fully turnkey 4-bedroom, 2-bath Gulf-access residence occupies a coveted Southeast Cape Coral setting within walking distance of the Cape Coral Yacht Club. Currently operating as a highly successful vacation rental, the property is offered fully furnished and equipped with everything present at the time of showing-providing a remarkably seamless opportunity for an investor, seasonal resident, or discerning waterfront buyer. For the boating enthusiast, the location is superlative. The home sits on a direct Gulf-access canal with NO BRIDGES, providing unencumbered passage to open water without the height restrictions that can dictate vessel selection elsewhere. A brand-new 85-foot seawall and 10, 000-lb boat lift further augment this enviable waterfront configuration. The backyard is an idyllic private retreat, featuring a heated swimming pool, private beach area, and two tiki huts. One tiki hut is detached and incorporates an outdoor kitchen, creating an inviting alfresco entertainment venue, while the second is integrated into the covered lanai. Together, these elements create an almost sybaritic tropical setting that epitomizes the Southwest Florida lifestyle. Inside, tile flooring extends throughout the home, complemented by extensive contemporary renovations. The updated chef's kitchen features modern cabinetry and high-end countertops, while updated cabinetry, vanities, lighting, and ceiling fans contribute to a cohesive and sophisticated interior aesthetic. A privately situated bedroom behind the garage offers convenient independent access-ideal for guests and particularly advantageous in a vacation-rental configuration. The residence is nestled within one of Cape Coral's classic, established waterfront neighborhoods, characterized by attractive homes and minimal through traffic. Adding further intrigue to the location is its proximity to the Cape Coral Yacht Club and its extensive redevelopment, positioning this property near what is anticipated to become an increasingly compelling waterfront destination and potentially enhancing both long-term desirability and vacation-rental appeal. Additional improvements include a 2019 roof, pipe lining completed in 2011, new electrical panel, washer and dryer, and numerous updates throughout. Whether acquired as a turnkey income-producing vacation rental, waterfront retreat, or permanent Florida residence, this is a rare opportunity to secure direct, bridge-free Gulf access with exceptional recreational amenities in one of Cape Coral's most storied waterfront enclaves.