2 Bed 2 Bath Waterfront Condominium for Sale in GONDOLIER CONDO, FL
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SoldMLS# 225058238

$249,900

2 Bed 2 Bath Waterfront Condominium for Sale in GONDOLIER CONDO, FL

4549 SE 5th Place 109, Cape Coral, FL, 33904

2 beds2 baths1,256 sqft
GatedBoatingClubhouse55+Waterfront

About this home

FIRST FLOOR, END UNIT! TWO BEDROOM, TWO BATH, GULF ACCESS CONDO IN A 55+ COMMUNITY. THIS UNIT IS BEING SOLD TURNKEY, WITH EVERYTHING NEEDED AND MORE! KITCHEN IS FULLY STOCKED WITH DISHWARE, COOKWARE, STORAGE CONTAINERS, COFFEE POT, TOASTER, AND A NEWER DISHWASHER. UPGRADES INCLUDE GRANITE COUNTERTOPS AND TILE BACKSPLASH, PULL OUT SHELVING IN CABINETS, AND SOFT CLOSE DRAWERS. NEW LAMINATE FLOORING AND TILE IN THE LIVING AREAS. LAUNDRY ROOM IS COMPLETE WITH WASHER AND DRYER. LARGE ENTRY WAY CLOSET WITH LOTS OF STORAGE, EVEN PULL OUT DRAWERS. BATHROOMS WERE REDONE WITH NEW WALK IN SHOWERS. BEDROOMS ARE COMPLETE WITH A KING BED IN THE PRIMARY, AND SPLIT TWINS IN THE GUEST BEDROOM, WHICH MAY BE PUSHED TOGETHER. ALL BEDDING, INCLUDING EXTRA SETS OF LINENS AND TOWELS ARE HERE FOR YOU. THREE SETS OF SLIDERS LEAD OUT TO THE LARGE TILED LANAI. ENJOY WATERFRONT VIEWS AND YOUR CLOSE PROXIMITY TO THE POOL AND CLUBHOUSE. THERE IS ALSO AN EXTERIOR STORAGE UNIT, LARGE ENOUGH ROOM TO STORE BIKES AND BEACH CHAIRS. ALSO ON THE PREMISES, IS A COMMUNITY WORKROOM, COMPLETE WITH HANDY TOOLS AND SPACE TO WORK. THERE ARE SETS OF ELECTRIC SHUTTERS FOR THE LANAI, AND MANUAL ROLL DOWNS FOR THE FRONT WINDOWS. COME AND EXPERIENCE THIS OPPORTUNITY TO OWN A GULF ACCESS CONDO TO VACATION OR STAY FULL TIME, ALL YOU NEED ARE YOUR PERSONAL ITEMS! AMPLE GUEST PARKING AVAILABLE. CLOSE TO ALL OF THE DOWNTOWN RESTAURANTS, BARS, AND EVENTS.

Property details

Type
Condominium
Year built
1976
Interior
1,256 sqft
Lot size
9,121.464 sqft
Acreage
0.21 acres
Garage
None
Days on market
68
Total association fees
$6,720/yr (~$560/mo)
CDD
None
Est. taxes (1.4%)
$3,499/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
Yes
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
No
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

InsuranceIrrigationWaterMaintenanceGroundsRecreationFacilitiesReserveFundSewerStreetLightsWater

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

Amenities

BoatDockBoatRampBikeStorageClubhouseHobbyRoomStorageManagement

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
$199/sqft
Comp median
$185/sqft
Difference
+8%

Based on the $/sqft of 15 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
4515 Country Club Boulevard 103Mar 2026$225,0002/21,195$188
331 SE 47th StreetNov 2025$260,0003/21,427$182
408 Tudor Drive 1CApr 2026$220,0002/21,389$158
408 Tudor Drive 1AJun 2026$220,0002/21,389$158
4126 SE 1st CourtApr 2026$223,0002/21,234$181
4924 Tudor Drive 203Dec 2025$245,0002/21,307$187
Average6 comps$232,167$176

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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.

Price & status history

Down $17,400 (7%) from the original list price.

Sep 4, 2025Sold$232,500
Jun 25, 2025Listed$249,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1976 — 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
  • 55+ age-restricted community
Location convenienceHigh
Hospital
4.7 mi
Cape Coral Hospital
Beach
8 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
5.7 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.