2 Bed Condominium for Sale in Cape Coral
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For SaleMLS# 2026031356

$215,000

2 Bed Condominium for Sale in Cape Coral

5510 SW 4th Place 506, Cape Coral, FL, 33914

2 beds2 baths1,306 sqft
GatedCommunity Pool

About this home

BEST VALUE in a prime Southwest Cape Coral location—renovated, spacious, and move-in ready! This beautifully updated condo offers 1,306 square feet, soaring volume ceilings, abundant natural light, and an open, comfortable floor plan. The updated kitchen features white soft-close cabinetry, quartz countertops, stainless steel appliances, pantry storage, and a large breakfast bar that opens to the dining and living areas—perfect for everyday living and entertaining. Attractive wood-look flooring extends through the main living areas and bedrooms. One of the condo’s standout features is the huge screened lanai, providing exceptional additional living space and peaceful views of the tropical courtyard, pool, spa, and lush landscaping. The spacious primary suite includes dual sinks, a walk-in shower, a separate toilet area, generous closets, and plenty of storage. Additional conveniences include a laundry room with new washer and dryer, valuable attic storage, a newer HVAC system, assigned covered parking, exterior storage, and nearby guest parking. Rose Garden Villas is an intimate, pet-friendly community of only 46 residences, surrounded by tropical landscaping and offering two heated resort-style pools, spas, tiki huts, a BBQ area, and inviting gathering spaces. Association services include water, sewer, trash removal, exterior pest control, irrigation, landscaping, management, reserves, and maintenance of the recreational facilities. Located directly across from Rotary Park, with shaded walking trails, a dog park, butterfly house, community center, and playground. Tarpon Point Marina, waterfront dining, shopping, boating, and entertainment are just minutes away. Buy the condo that has already been updated—move in, relax, and start enjoying the Florida lifestyle!

Property details

Type
Condominium
Year built
1986
Interior
1,306 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
0
Total association fees
$8,240/yr (~$687/mo)
CDD
None
Est. taxes (1.4%)
$3,010/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
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

AssociationManagementIrrigationWaterMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

CabanaPoolStorageManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$165/sqft
Comp median
$174/sqft
Difference
-5%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5510 SW 4th Place 404Mar 2026$205,0002/21,250$164
5510 SW 4th Place 101Mar 2026$217,0002/21,250$174
615 Rose Garden Road 10Aug 2026$217,5002/21,168$186
Average3 comps$213,167$175

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,900
Avg days on market
92
Active listings
2,487
Median sold price · Cape Coral
$384,995last 3 months5.5% vs $365,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM7.1% YoY
$340k$365k$390kJul ’25Sep ’26
$375,000Sep ’26 · 74 sales

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.

The good, the trade-offs & the location

Consider
  • Built 1986 — 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
Location convenienceHigh
Hospital
6.2 mi
HealthPark Medical Center
Beach
7 mi
Fort Myers Beach
Airport
7.9 mi
Page Field (Fort Myers)
Shopping
7 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.