$149,000
2 Bed 2 Bath Condominium for Sale in CARDINAL COVE, FL
5487 Peppertree Drive 5, Fort Myers, FL, 33908
About this home
Welcome to Cardinal Cove at Peppertree Pointe! | Discover the perfect blend of comfort and convenience in this beautifully updated FURNISHED first-floor condo in Fort Myers, FL! Featuring an updated kitchen with white shaker cabinets, granite countertops, subway tile backsplash, and modern canned lighting - this home is designed for both function and charm. Enjoy no carpet throughout, adding a low-maintenance touch to the space. The condo also includes plantation shutters and updated vinyl flooring. The master suite is spacious and storage is a non-factor; as both master and secondary bedrooms have walk-in closets! Laundry is in-unit and under-air. Additional perks include a detached carport and storage closet! Don’t miss this opportunity to own a move-in-ready condo in a prime location!| Peppertree Pointe is in the ever popular Iona area - close to beaches (Fort Myers, Sanibel and Captiva), dining, shopping, hospital and entertainment. The community amenities include marina (slip availability/pricing thru Dockmaster), boat ramp, private beach, fishing pier, community pool, community center/library, game room and more! HOA Fees include water, cable, exterior maintenance, insurance and amenities. Schedule a showing today!
Property details
- Type
- Condominium
- Year built
- 1985
- Interior
- 1,092 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 272
- Total association fees
- $7,800/yr (~$650/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,086/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- 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 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 |
|---|---|---|---|---|---|
| 5421 Peppertree Drive 3 | Jul 2026 | $152,000 | 2/2 | 1,218 | $125 |
| 16380 Dublin Circle 204 | Jun 2026 | $152,000 | 2/2 | 892 | $170 |
| 16211 Dublin Circle 104 | Oct 2025 | $130,000 | 2/2 | 920 | $141 |
| 16251 Dublin Circle F101 | Sep 2025 | $155,000 | 2/2 | 1,020 | $152 |
| Average | 4 comps | $147,250 | $147 |
Market trends — Fort Myers
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 $60,000 (30.8%) from the original list price.
| Apr 28, 2026 | Sold | $135,000 |
| Jan 15, 2026 | Price reducedfrom $154,500 | $149,000 |
| Jul 2, 2025 | Listed | $195,000 |
The good, the trade-offs & the location
- Built 1985 — 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.