$195,500
2 Bed Condominium for Sale in Cape Coral
5510 SW 4th Place 605, Cape Coral, FL, 33914
About this home
**NEW PRICE — ONE OF THE BEST VALUES IN AN INCREDIBLE CAPE CORAL LOCATION! DON’T MISS THIS OPPORTUNITY!** Beautiful Mediterranean-style **corner condo priced to sell** in one of Cape Coral’s most desirable areas. **Location, location, location!** At this price, with over **1,445 square feet of living space, turnkey furnishings, southwestern exposure, and no one above you**, this property offers tremendous value. **Come see it, fall in love, and bring your offer!** Whether you are looking for a full-time residence, seasonal home, or the perfect snowbird retreat, this is truly a hidden gem and a fantastic place to call home. This spacious second-floor **corner unit comes fully furnished/turnkey** and offers **southwestern exposure with no one above you**. This bright and airy corner unit features an abundance of windows that provide incredible natural light throughout, creating a warm and inviting atmosphere. With **over 1,445 square feet of living space**, this is a very large unit that feels even bigger thanks to the open layout, soaring ceilings, and excellent flow throughout the home. Plus, **water is included**, adding even more value and convenience. The community is also **pet-friendly**, allowing **one pet up to 35 pounds**. Enjoy your own **covered carport with storage**, then stroll through the beautifully maintained **tropical gardens and lush landscaping** that give this community a peaceful, resort-like feel. Residents can relax at the beautiful **pool, barbecue area, and gazebo**, all just steps away from the unit. Whether entertaining guests or simply unwinding, this community offers the perfect Florida lifestyle. Inside, you’ll find a bright and inviting entry/sitting area with soaring ceilings and plenty of windows, a spacious living room, formal dining area with mirrored accents, and an open kitchen featuring white cabinetry, stone countertops, black appliances, a tray ceiling with recessed lighting, and stainless steel refrigerator. The large primary suite offers a private bathroom and generous closet space, while the second bedroom is also nicely sized. There is also an **inside laundry room with washer and dryer**. Located close to **Tarpon Point Marina, downtown Cape Coral, Rotary Park, restaurants, shopping, and entertainment**, this property puts you close to everything people love about Southwest Florida. **With the new price, outstanding location, generous square footage, turnkey furnishings, and beautiful community, this is an opportunity you don’t want to miss. Schedule your private showing today and bring your offer!**
Property details
- Type
- Condominium
- Year built
- 1990
- Interior
- 1,445 sqft
- Lot size
- 6,355.404 sqft
- Acreage
- 0.15 acres
- Garage
- None
- Days on market
- 92
- Total association fees
- $8,240/yr (~$687/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,737/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 12 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 5510 SW 4th Place 404 | Mar 2026 | $205,000 | 2/2 | 1,250 | $164 |
| 5510 SW 4th Place 101 | Mar 2026 | $217,000 | 2/2 | 1,250 | $174 |
| 4914 Tudor Drive 203 | Mar 2026 | $167,000 | 2/2 | 1,382 | $121 |
| 108 SE 47th Street 102 | Apr 2026 | $207,000 | 2/2 | 1,266 | $164 |
| 1513 SW 52nd Lane | Jul 2026 | $220,000 | 2/2 | 1,590 | $138 |
| 408 Tudor Drive 1A | Jun 2026 | $220,000 | 2/2 | 1,389 | $158 |
| Average | 6 comps | $206,000 | $153 |
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 $19,400 (9%) from the original list price.
| Aug 7, 2026 | Price reducedfrom $209,900 | $195,500 |
| May 7, 2026 | Listed | $214,900 |
The good, the trade-offs & the location
- Built 1990 — 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.
Similar homes nearby
$169,000
MLS# 20260305736913 Birdie Way, Fort Myers, FL, 33919
$170,000
MLS# 20260268254704 SE 6th Avenue C, Cape Coral, FL, 33904
$189,000
MLS# 202601838710891 Meadow Lark Cove Drive, Fort Myers, FL, 33908
$185,000
MLS# 20260220604266 Island Circle B, Fort Myers, FL, 33919
$199,900
MLS# 2260271283713 SE 8th Avenue, Cape Coral, FL, 33904
$160,000
MLS# 20250011294921 SW 16th Place 201, Cape Coral, FL, 33914
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.