$199,999
2 Bed Waterfront Home for Sale in Cape Coral
4711 SE 5th Avenue 7, Cape Coral, FL, 33904
About this home
WATERFRONT PARADISE – PRICED TO SELL! Experience the ultimate Southwest Florida lifestyle from this beautifully maintained 2-bedroom, 2-bath, partially furnished second-floor condominium overlooking the breathtaking wide waters of the prestigious Rubicon Canal. Wake up to spectacular sunrises, watch boats glide by, and enjoy the peaceful beauty that only waterfront living can provide. Perfectly positioned on one of Cape Coral's most desirable Gulf-access waterways, this residence offers an incredible opportunity to embrace the boating lifestyle. Cruise to Sanibel Island, Fort Myers Beach, Captiva, Cayo Costa, and countless waterfront restaurants while enjoying everything Southwest Florida's waterways have to offer. Inside, the bright, open floor plan features light tile flooring throughout the main living areas, creating a fresh coastal ambiance. The thoughtfully designed split-bedroom layout provides privacy for both owners and guests, while the partially furnished interior allows you to settle in with ease. Step outside and enjoy resort-style amenities including fishing from the seawall, a sparkling community pool, BBQ area, and stunning wide-water views of the Rubicon Canal. Best of all, you're within walking distance of Cape Coral's popular restaurants, boutique shopping, entertainment, and the revitalized Yacht Club area. Whether you're looking for a year-round residence, a seasonal retreat, or an investment opportunity, this exceptional waterfront condo is priced to sell and offers incredible value in one of Cape Coral's most desirable waterfront locations. Don't miss your chance to own your slice of paradise—schedule your private showing today!
Property details
- Type
- Condominium
- Year built
- 1982
- Interior
- 1,200 sqft
- Lot size
- 10,049.292 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 34
- Total association fees
- $6,960/yr (~$580/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,800/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Northwest
- 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
- 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 11 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 |
|---|---|---|---|---|---|
| 4515 Country Club Boulevard 103 | Mar 2026 | $225,000 | 2/2 | 1,195 | $188 |
| 4525 Country Club Boulevard 207 | Feb 2026 | $170,000 | 2/2 | 1,195 | $142 |
| 4563 SE 5th Place 205 | Aug 2026 | $195,000 | 2/2 | 1,170 | $167 |
| 4549 SE 5th Place 211 | Feb 2026 | $185,000 | 2/2 | 1,019 | $182 |
| 4543 SE 6th Place 1D | May 2026 | $210,000 | 2/2 | 1,216 | $173 |
| 408 Tudor Drive 1C | Apr 2026 | $220,000 | 2/2 | 1,389 | $158 |
| Average | 6 comps | $200,833 | $168 |
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 $50,000 (20%) from the original list price.
| Aug 19, 2026 | Price reducedfrom $249,999 | $199,999 |
| Jul 16, 2026 | Listed | $249,999 |
The good, the trade-offs & the location
- Waterfront
- Built 1982 — 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.