2 Bed Waterfront Home for Sale in Cape Coral
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For RentMLS# 2026035372

$3,000

2 Bed Waterfront Home for Sale in Cape Coral

4707 SE 5th Avenue 102, Cape Coral, FL, 33904

2 beds2 baths1,262 sqft
Community PoolBoatingWaterfront

About this home

AVAILABLE FOR RENT for SEASON 2027 JANUARY - MARCH! Enjoy one of Cape Coral’s most impressive GULF-ACCESS wide-basin views on the iconic Rubicon Canal. This beautifully refreshed FIRST-FLOOR residence offers 2 bedrooms plus a versatile DEN and an open, light-filled layout with NEW luxury vinyl flooring, crown molding, and freshly painted interiors. The UPDATED kitchen features white cabinetry, a decorative backsplash, tile flooring, raised ceiling detail, and a built-in coffee/bar station with wine refrigerator—perfect for entertaining. Sliding glass doors open to a spacious screened lanai overlooking the heated waterfront pool and expansive canal basin, creating an ideal setting for relaxing and enjoying the Florida lifestyle. The split-bedroom floor plan provides added privacy. The primary suite includes crown molding, direct lanai access, and a private bathroom with dual sink areas. The den is well suited for a home office, media room, or additional guest space. Other conveniences include a full interior laundry room, generous closet space, covered parking. Large lanai with roll-down shutters. Enjoy a heated waterfront pool, seawall, community dock, convenient covered parking, and a charming front garden area. The community also features a NEW ROOF, NEW covered parking, and a freshly painted exterior. Located a few blocks from Downtown Cape Coral, this rental places you close to waterfront dining, coffee shops, boutiques, live music, farmers markets, festivals, and the exciting Bimini Basin area. Enjoy wide-basin water views, Gulf access, downtown convenience, and comfortable first-floor living in one exceptional rental home.

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
None
CDD
None
Est. taxes (1.4%)
$42/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

Amenities

Pool

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.

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Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$389,000
Avg days on market
95
Active listings
2,479
Median sold price · Cape Coral
$389,000last 3 months9% vs $356,950 prior 3 months
Median closed price by month · Cape Coral
1% MoM11.3% YoY
$340k$368k$395kJul ’25Aug ’26
$395,000Aug ’26 · 260 sales

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

Pros
  • Waterfront
Consider
  • 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
Location convenienceHigh
Hospital
4.9 mi
Cape Coral Hospital
Beach
7.8 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
5.8 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.