$174,900
2 Bed Waterfront Home for Sale in Cape Coral
4528 SE 5th Place 8, Cape Coral, FL, 33904
About this home
Fantastic 2 bedroom 2 bath gulf access condo in the SE Cape on the 200 foot wide Rubicon Canal. This property boasts over 1100sf of living area, large kitchen and living room, spacious bedrooms, loads of outdoor living space on the screened lanai!! LOW HOA FEES, great southeast location close to restaurants, shopping and schools. Unit has an extra storage closet. Recent exterior paint, gutters, soffit, carpeting, and roof. All assessments have been paid. Brand new HVAC system, including duct-work!
Property details
- Type
- Condominium
- Year built
- 1987
- Interior
- 1,107 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 0
- Total association fees
- $3,600/yr (~$300/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,449/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 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 |
|---|---|---|---|---|---|
| 4534 SE 5th Place 11 | Jun 2026 | $162,000 | 2/2 | 1,026 | $158 |
| 4411 Country Club Boulevard A2 | Feb 2026 | $195,000 | 2/2 | 1,234 | $158 |
| 4411 Country Club Boulevard A1 | Mar 2026 | $185,000 | 2/2 | 1,234 | $150 |
| 4510 SE 5th Place 202 | Jan 2026 | $190,000 | 2/2 | 1,022 | $186 |
| 4563 SE 5th Place 205 | Aug 2026 | $195,000 | 2/2 | 1,170 | $167 |
| 4525 Country Club Boulevard 110 | Jan 2026 | $167,500 | 2/2 | 1,195 | $140 |
| Average | 6 comps | $182,417 | $160 |
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)
- Gulf access (Direct — no bridges)
- Built 1987 — 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.