$239,900
2 Bed 2 Bath Waterfront Condominium for Sale in GONDOLIER CONDO, FL
4541 SE 5th Place 207, Cape Coral, FL, 33904
About this home
Gulf Access, Fully Renovated, and Walkable to Downtown Cape Coral Welcome to 4541 SE 5th Place #207 — a second-floor condo offering direct Gulf access via community docks, fresh renovations, and one of the most financially sound HOAs in Cape Coral. Located in the quiet and well-kept Gondolier Condo community, this 2-bedroom, 2-bath unit has been fully remodeled with Medallion cabinetry, premium appliances, and durable luxury flooring throughout. The renovation was done with care — clean lines, quality finishes, and a smart layout that maximizes light and space. A new roof (2024) and responsible HOA management help ensure smooth, low-maintenance ownership. Just minutes from downtown Cape Coral, you're close to waterfront dining, local shops, farmers markets, and community events — all while enjoying peaceful canal views from home. The community also features a shared workshop/tool room for hobbyists and boaters, plus regular social events that make it easy to connect with neighbors. Whether you're a seasonal buyer or planning to stay year-round, this is a rare opportunity to enjoy updated, Gulf-access living in a well-run, welcoming community.
Property details
- Type
- Condominium
- Year built
- 1976
- Interior
- 1,019 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 36
- Total association fees
- $6,720/yr (~$560/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,359/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
- Public
- Sewer
- Public Sewer
- 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
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 9 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 |
|---|---|---|---|---|---|
| 4543 SE 6th Place 1D | May 2026 | $210,000 | 2/2 | 1,216 | $173 |
| 4515 Country Club Boulevard 103 | Mar 2026 | $225,000 | 2/2 | 1,195 | $188 |
| 5111 Manor Court 2 | Jan 2026 | $245,000 | 2/2 | 1,050 | $233 |
| 1332 SE 44th Street | Nov 2025 | $215,000 | 2/1 | 1,047 | $205 |
| 4803 SW Santa Barbara Court 5 | May 2026 | $260,000 | 2/2 | 1,015 | $256 |
| 1411 SE 43rd Street | Sep 2025 | $260,000 | 2/2 | 1,190 | $218 |
| Average | 6 comps | $235,833 | $212 |
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 $24,900 (10.4%) from the original list price.
| Mar 6, 2026 | Sold | $215,000 |
| Jan 10, 2026 | Listed | $239,900 |
The good, the trade-offs & the location
- Waterfront
- 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
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.