2 Bed Waterfront Home for Sale in Cape Coral
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For RentMLS# 2026036375

$1,800

2 Bed Waterfront Home for Sale in Cape Coral

4711 SE 5th Avenue 5, Cape Coral, FL, 33904

2 beds2 baths1,200 sqft
BoatingCommunity PoolWaterfront

About this home

AVAILABLE NOW! Beautifully maintained 2-bedroom, 2-bath first-floor condo available as a turnkey furnished rental. Enjoy peaceful canal views and a lovely outlook of the community pool right from your unit. This delightful condo offers a prime location, just a short walk away from the vibrant downtown area, where you can immerse yourself in the lively atmosphere and enjoy all the amenities it has to offer, including shops, restaurants, and the area’s newest medical center- Bimini Square. The community features a refreshing pool, as well as a convenient boat dock, making it easy to explore nearby waterways and enjoy a variety of water activities. Available now for $2,100/month with a minimum lease term of 6 months and 1 day or $1,800/month for 12-month annual lease. Security deposit is $2,100. The condo association requires an application with a $150 fee per adult (married couples counted as one), and approval typically takes up to 7 days. No pets permitted per association rules. Electric and water is included. Verifiable 3x income, +650 credit. This is a fantastic opportunity to enjoy waterfront living in a prime, walkable location.

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
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$25/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
East
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
County
Lee

Amenities

BoatDockBoatRampPool

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
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,488
Median sold price · Cape Coral
$385,000last 3 months7.8% vs $357,250 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM7% YoY
$340k$365k$390kJul ’25Aug ’26
$380,000Aug ’26 · 366 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
  • Gulf access (Direct — no bridges)
Consider
  • 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
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.