$310,000
2 Bed Waterfront Home for Sale in Cape Coral
4544 SE 5th Place 207, Cape Coral, FL, 33904
About this home
Welcome to Coastal Living on the Rubicon Canal! Welcome to 4544 SE 5th Place, Unit 207! This stunning Fully Furnished second-floor end-unit condo offers a spacious 2-bedroom, 2-full-bathroom layout with beautiful waterfront views and abundant natural light along the Rubicon Canal. This move-in-ready home combines comfort, convenience, and incredible waterfront living. With unobstructed western exposure, you can enjoy breathtaking sunsets from your private screened lanai, living room, and primary suite. The beautifully appointed interior features granite vanities and countertops, elegant frameless glass shower doors, custom blinds in the primary suite, and a privacy door added to the second bedroom area, providing additional privacy and comfort for family and visiting guests. The condo is also tastefully furnished and ready to enjoy. Boaters will love the Gulf-access location, providing access to the Caloosahatchee River, Gulf of Mexico, nearby beaches, islands, and waterfront restaurants. The community features a well maintained waterfront pool and is ideally located near South Cape's restaurants, shopping, farmers market and nightlife, as well as the Cape Coral Yacht Club. With convenient access to the Cape Coral Bridge, Fort Myers, and area beaches, this condo offers the perfect combination of waterfront lifestyle and location. Whether you're looking for a full-time residence, vacation getaway, or snowbird retreat, this is a fantastic opportunity to own a piece of South Cape waterfront paradise! Property Highlights Spacious 2-bedroom | 2-full-bathroom condo Gulf-access waterfront condo on the desirable 200-foot-wide Rubicon Canal Second-floor end unit Unobstructed western exposure with spectacular nightly sunset views Roof 2023 Brand-new A/C system (2026) Hurricane impact windows and electric roll-down storm shutters on the lanai Tastefully furnished and move-in ready Boat dock access available Low HOA fee for only $507/month. Assigned parking space with covered carport
Property details
- Type
- Condominium
- Year built
- 1989
- Interior
- 1,022 sqft
- Lot size
- 4,308.084 sqft
- Acreage
- 0.10 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $6,084/yr (~$507/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,340/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors, Shutters
- 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 8 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 |
|---|---|---|---|---|---|
| 4501 SE 1st Avenue | Oct 2025 | $300,000 | 2/2 | 1,123 | $267 |
| 5111 Manor Court 2 | Jan 2026 | $245,000 | 2/2 | 1,050 | $233 |
| 732 Victoria Drive 2 | Nov 2025 | $240,000 | 2/2 | 1,060 | $226 |
| 4803 SW Santa Barbara Court 5 | May 2026 | $260,000 | 2/2 | 1,015 | $256 |
| 4622 SW Santa Barbara Place 111 | Aug 2026 | $245,000 | 2/2 | 1,080 | $227 |
| 4969 Viceroy Street 106 | Apr 2026 | $347,500 | 2/2 | 1,174 | $296 |
| Average | 6 comps | $272,917 | $251 |
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
- Lower flood risk (zone X)
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- Built 1989 — pre-2002 construction may carry older wind codes and higher insurance
- 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.