2 Bed 2 Bath Waterfront Condominium for Sale in CLIPPER CONDO, FL
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SoldMLS# 225027125

$249,900

2 Bed 2 Bath Waterfront Condominium for Sale in CLIPPER CONDO, FL

5111 Manor Court 2, Cape Coral, FL, 33904

2 beds2 baths1,050 sqft
GatedCommunity PoolBoatingWaterfront

About this home

HOA Fees are going DOWN in January! New Front Doors are in, landscaping and IMPACT WINDOWS very soon, NO ASSESSMENT! Attention Boaters! Private slip with a 16,000 lb lift (installed May of 2022) for vessels up to 33' in length with a 10.5' beam, no bridges, and just 15 minutes to open water. This 2 bed, 2 bath condo is offered furnished/turnkey (with some exclusions) and was fully renovated for comfort & style. Updates include an updated electrical panel, CPVC plumbing, and a new HVAC system (2021) with a compressor replaced in 2024 under warranty. Additional upgrades include new doors, trim, fixtures, water heater, and appliances. The kitchen and bathrooms feature enamel cabinets with soft-close drawers and stone countertops, while the main bath includes a custom tiled walk-in shower with shelves. False ceiling beams provide a clean look for ceiling fan wiring, along with powered remote-controlled shades for the sliders, recessed lighting with dimmers, and new remote-controlled fans throughout. The building received a new roof completed MAY 2025 and is set to install impact-resistant windows and fiberglass exterior doors, with the project fully budgeted and approved — no special assessment planned. The HOA fee includes water and flood insurance. Call today for your private showing! Agents, please see attachments and confidential comments for details.

Property details

Type
Condominium
Year built
1978
Interior
1,050 sqft
Lot size
4,843.872 sqft
Acreage
0.11 acres
Garage
None
Days on market
262
Total association fees
$9,168/yr (~$764/mo)
CDD
None
Est. taxes (1.4%)
$3,499/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlReserveFundSewerTrashWater

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

Amenities

PoolManagementSatelliteTv

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.

Above marketThis home is priced above comparable recent sales.
This home
$238/sqft
Comp median
$193/sqft
Difference
+23%

Based on the $/sqft of 5 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
732 Sesame CourtSep 2025$215,0002/21,113$193
4515 Country Club Boulevard 103Mar 2026$225,0002/21,195$188
4541 SE 5th Place 207Mar 2026$215,0002/21,019$211
4803 SW Santa Barbara Court 5May 2026$260,0002/21,015$256
1414 SE 46th Street 2DSep 2025$215,0002/21,160$185
Average5 comps$226,000$207

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
94
Active listings
2,509
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 316 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.

Price & status history

Down $34,900 (12.5%) from the original list price.

Jan 16, 2026Sold$245,000
Jul 8, 2025Price reducedfrom $259,900$249,900
Mar 14, 2025Listed$279,900

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Shutters
Consider
  • Built 1978 — 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
  • Higher association fees (~$9,168/yr)
Location convenienceHigh
Hospital
5.1 mi
HealthPark Medical Center
Beach
7.4 mi
Fort Myers Beach
Airport
6.3 mi
Page Field (Fort Myers)
Shopping
5.5 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.