$185,000
2 Bed Waterfront Home for Sale in Cape Coral
4707 SE 5th Avenue 102, Cape Coral, FL, 33904
About this home
BEST PRICE! Experience one of Cape Coral’s most impressive GULF ACCESS wide-basin views on the iconic Rubicon Canal—a rare waterfront setting with wide basin canal view. This FIRST-FLOOR 2 Bedroom + DEN residence feels brand new with a refreshed look, modern updates, and a standout water view that sets it apart from anything else at this price. Step inside to a bright, open layout featuring NEW luxury vinyl flooring, NEW wainscoting, crown molding, and freshly painted interiors. Major improvements add peace of mind, including a NEW ROOF, NEW covered parking, and a freshly painted building. The UPDATED kitchen shines with white cabinetry, decorative backsplash, tile flooring, raised ceiling detail, and a built-in coffee/bar station with wine refrigerator—perfect for entertaining. Enjoy seamless indoor-outdoor living through sliding glass doors that open to a spacious screened lanai overlooking the heated pool and the expansive canal basin. The split-bedroom floor plan provides privacy, with the primary suite offering crown molding, lanai access, and a private bath with dual sink areas. The versatile den works beautifully as an office, media room, or guest overflow. Additional conveniences include a full interior laundry room, multiple closets, exterior storage, and roll-down lanai shutters for privacy and storm protection. Added value continues with an impact-rated entry door and BRAND NEW HURRICANE WINDOWS AND DOORS —a major benefit for insurance savings. This well-maintained Gulf-access community features a heated waterfront pool, seawall, community dock, and easy covered parking just steps from your door. A charming garden area out front offers space for plants or seating. Located in the heart of Downtown Cape Coral, you’re moments from waterfront dining, coffee shops, boutiques, live music, farmers markets, and festivals. With the revitalized Bimini Basin and The Cove at 47th driving demand, this property delivers the ideal blend of wide-basin views, boating access, downtown walkability, and first-floor convenience.
Property details
- Type
- Condominium
- Year built
- 1981
- Interior
- 1,262 sqft
- Lot size
- 4,116.42 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $7,708/yr (~$642/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,590/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- 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
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 |
|---|---|---|---|---|---|
| 4525 Country Club Boulevard 110 | Jan 2026 | $167,500 | 2/2 | 1,195 | $140 |
| 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 |
| 4543 SE 6th Place 1D | May 2026 | $210,000 | 2/2 | 1,216 | $173 |
| 4411 Country Club Boulevard A1 | Mar 2026 | $185,000 | 2/2 | 1,234 | $150 |
| 4411 Country Club Boulevard A2 | Feb 2026 | $195,000 | 2/2 | 1,234 | $158 |
| Average | 6 comps | $187,083 | $155 |
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.
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1981 — 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.