Here is a free resource to view Cape Coral foreclosure listings: http://www.greaterftmyers.com/cape-coral-foreclosures.php
Here is a resource to view homes for sale in the Yacht Club area: http://www.greaterftmyers.com/yacht-club.php
Good luck in your search!
RealtyTrac is not a reliable source of information for foreclosures. They track filings all over the country and post a property as a foreclosure even during the beginning stages of action the lender takes. Public records isn't showing anything being filed yet on this particular property.
If you have any additional questions, please let me know. Happy Monday!