2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026036741

$174,900

2 Bed Waterfront Home for Sale in Cape Coral

4528 SE 5th Place 8, Cape Coral, FL, 33904

2 beds2 baths1,107 sqft
BoatingWaterfront

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

InsuranceLegalAccountingMaintenanceGroundsPestControlReserveFundTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BoatDock

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.

At marketThis home is priced in line with comparable recent sales.
This home
$158/sqft
Comp median
$150/sqft
Difference
+5%

Based on the $/sqft of 9 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4534 SE 5th Place 11Jun 2026$162,0002/21,026$158
4411 Country Club Boulevard A2Feb 2026$195,0002/21,234$158
4411 Country Club Boulevard A1Mar 2026$185,0002/21,234$150
4510 SE 5th Place 202Jan 2026$190,0002/21,022$186
4563 SE 5th Place 205Aug 2026$195,0002/21,170$167
4525 Country Club Boulevard 110Jan 2026$167,5002/21,195$140
Average6 comps$182,417$160

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,950Aug ’26 · 408 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
  • Lower flood risk (zone X)
  • Gulf access (Direct — no bridges)
Consider
  • Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
4.6 mi
Cape Coral Hospital
Beach
8.1 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
5.7 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.