$214,000
2 Bed Waterfront Home for Sale in Cape Coral
4616 SE 5th Place 107, Cape Coral, FL, 33904
About this home
Completely remodeled first floor end unit with stunning water views! Experience true Southwest Florida living in this beautifully updated 2 bedroom, 2 bath condo located on the scenic Rubicon Canal with desirable western exposure, perfect for enjoying gorgeous sunsets over the water. Light and bright, this move-in ready condo is being offered turnkey and features an open floor plan with tile flooring throughout, a modern kitchen with quartz countertops, decorative backsplash, stainless steel appliances, and a breakfast bar. The owner’s suite offers 200 feet of canal views, private lanai access, a large walk-in closet, and an ensuite bath with a tiled walk-in shower. Enjoy the convenience of a designated covered carport space, a spacious outdoor storage unit, and community amenities that include a pool and a brand new roof. This quiet, well-maintained community is ideal for those seeking a relaxed waterfront lifestyle. The community is currently undergoing renovations for new docks and boat lifts. There’s still time to secure your own private lift, but you would need to act quickly. Centrally located in the highly sought after SE Cape Coral area, you are just minutes from Downtown Cape Coral, Cape Harbour, and Tarpon Point, as well as a short drive to Sanibel, Captiva, and Fort Myers Beach. Shopping, dining, medical facilities, and top rated schools are all close by. This condo is perfect for year round living, a seasonal getaway, or an investment opportunity and has never flooded! Call today to schedule your private showing!
Property details
- Type
- Condominium
- Year built
- 1989
- Interior
- 976 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 9
- Total association fees
- $7,968/yr (~$664/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,996/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- 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 |
|---|---|---|---|---|---|
| 4563 SE 5th Place 205 | Aug 2026 | $195,000 | 2/2 | 1,170 | $167 |
| 4510 SE 5th Place 202 | Jan 2026 | $190,000 | 2/2 | 1,022 | $186 |
| 4622 SW Santa Barbara Place 111 | Aug 2026 | $245,000 | 2/2 | 1,080 | $227 |
| 4928 Vincennes Street C5 | Aug 2026 | $190,000 | 2/2 | 1,065 | $178 |
| Average | 4 comps | $205,000 | $190 |
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 $4,000 (1.9%) from the original list price.
| Dec 30, 2025 | Sold | $210,000 |
| Nov 12, 2025 | Listed | $214,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1989 — 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.