$153,000
2 Bed 2 Bath Condominium for Sale in JASPER PLACE CONDO, FL
4611 SE 5th Place 8, Cape Coral, FL, 33904
About this home
PRICE ADJUSTMENT – Downtown Cape Coral Condo Near Gulf Access Canals! Welcome to this bright and spacious 2-bedroom, 2-bath condo in the heart of downtown Cape Coral, offering the perfect blend of comfort, convenience, and the sought-after Southwest Florida lifestyle. Located in a quiet, well-maintained community directly across from the scenic Gulf-access canal system, this light-filled residence is ideal for full-time living, a seasonal retreat, or an investment opportunity. The updated kitchen features granite countertops, stainless steel appliances, and ample cabinet space, making it perfect for both everyday living and entertaining guests. The open-concept layout flows seamlessly into the spacious living and dining areas, while the private screened lanai provides a relaxing place to enjoy Florida’s year-round sunshine. Both bedrooms offer generous closet space, and the unit includes assigned parking plus additional guest parking. Residents can also enjoy the sparkling community pool located just steps away. This prime downtown Cape Coral location places you within walking distance to popular restaurants, shopping, parks, entertainment, and nightlife, while still being just a short drive to world-famous Southwest Florida beaches including Fort Myers Beach and Sanibel Island. Additional highlights include: Pet-friendly community with association approval Quiet location near waterfront walking areas Convenient access to Cape Coral Parkway and bridges to Fort Myers Flood-free during the most recent hurricane for added peace of mind Don’t miss this opportunity to own a beautifully maintained condo in one of Cape Coral’s most desirable and convenient locations. Schedule your private showing today!
Property details
- Type
- Condominium
- Year built
- 1980
- Interior
- 982 sqft
- Lot size
- 8,102.16 sqft
- Acreage
- 0.19 acres
- Garage
- None
- Days on market
- 275
- Total association fees
- $5,916/yr (~$493/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,142/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4629 SE 5th Place 12 | Nov 2025 | $140,000 | 2/2 | 964 | $145 |
| 4534 SE 5th Place 11 | Jun 2026 | $162,000 | 2/2 | 1,026 | $158 |
| 834 SE 46th Street A1 | Apr 2026 | $150,000 | 2/2 | 1,148 | $131 |
| 834 SE 46th Street 1C | Jun 2026 | $161,000 | 2/2 | 1,158 | $139 |
| Average | 4 comps | $153,250 | $143 |
Market trends — Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $48,750 (28.1%) from the original list price.
| May 19, 2026 | Sold | $125,000 |
| Apr 20, 2026 | Price reducedfrom $163,000 | $153,000 |
| Aug 8, 2025 | Listed | $173,750 |
The good, the trade-offs & the location
- Built 1980 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.