2 Bed Condominium for Sale in Cardinal Cove
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For SaleMLS# 2026034798

$234,999

2 Bed Condominium for Sale in Cardinal Cove

5471 PEPPERTREE Drive 7, Fort Myers, FL, 33908

2 beds2 baths1,018 sqft
GatedPickleballTennisBoatingBeach AccessClubhousePlaygroundCommunity Pool

About this home

With a private marina on the Caloosahatchee River offering direct Gulf access, Peppertree Point is a wonderful place to enjoy the Southwest Florida lifestyle. This first-floor residence is fully furnished and extensively updated, with LVP flooring, high-end stainless-steel appliances including a built-in stove and dishwasher with a stainless-steel interior, soft-close cabinetry, quartz countertops and backsplash, and a dedicated coffee bar with beverage refrigerator. The living and dining room furnishings are brand new. Five ceiling fans with lights and remotes, keyless entry, and a new AC installed in 2025 add to the comfort and convenience of the home. Both bedrooms feature large walk-in closets, providing excellent storage. The home includes three TVs and is offered fully furnished, allowing you to settle in and enjoy the home right away. The screened-in lanai overlooks the peaceful lake and opens directly to the community walking path. A tucked-away storage area on the lanai provides additional convenience, while another storage space with electricity is located beneath the carport. The property includes two assigned parking spaces, one directly in front of the residence and another beneath the carport. Peppertree Point offers a 600-foot private pier, waterfront park, covered pavilion, private sandy beach, two heated swimming pools, tennis and pickleball courts, trailer storage, and a private boat launch. The community pool is just a short walk from the residence, and the walking paths, dock, and waterfront areas make it easy to enjoy the outdoors. The monthly association fee includes water, internet, exterior pest control, garbage, exterior maintenance, building insurance, and access to the community amenities. Enjoy an ideal Southwest Florida location just minutes from Sanibel, Captiva, and Fort Myers Beach, with an abundance of dining, shopping, and everyday conveniences nearby. RSW International Airport is approximately 30 minutes away. With extensive updates, generous storage, waterfront amenities, and direct Gulf access from the private marina, this home puts everything you love about Southwest Florida right at your fingertips.

Property details

Type
Condominium
Year built
1980
Interior
1,018 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
0
Total association fees
$7,800/yr (~$650/mo)
CDD
None
Est. taxes (1.4%)
$3,290/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

CableTvInsuranceLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesRoadMaintenanceWater

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

Amenities

BeachRightsBoatDockMarinaBoatRampClubhouseBarbecuePicnicAreaPierPlaygroundPickleballPoolRvBoatStorageShuffleboardCourtStorageTennisCourtsTrailsManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$231/sqft
Comp median
$206/sqft
Difference
+12%

Based on the $/sqft of 13 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
5417 Loyola LaneJun 2026$280,0002/21,200$233
15969 Mandolin Bay Drive 205Dec 2025$210,0002/21,152$182
15901 Royal Pointe Lane 404Sep 2025$245,0002/21,126$218
15761 Windward Way Circle 3302May 2026$235,0002/21,050$224
14973 Rivers Edge Court 111Sep 2025$190,0002/21,128$168
14967 Rivers Edge Court B1Jun 2026$285,0003/21,166$244
Average6 comps$240,833$212

Market trends, Fort Myers

Median list
$324,380
Median $/sqft
$210
Median sold (90d)
$329,125
Avg days on market
97
Active listings
2,531
Median sold price · Fort Myers
$330,000last 3 months1.5% vs $325,000 prior 3 months
Median closed price by month · Fort Myers
2.5% MoM1% YoY
$319k$349k$380kJul ’25Aug ’26
$326,625Aug ’26 · 162 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 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
Location convenienceHigh
Hospital
3.9 mi
HealthPark Medical Center
Beach
4.8 mi
Fort Myers Beach
Airport
7.1 mi
Page Field (Fort Myers)
Shopping
5.5 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.