$249,900
2 Bed 2 Bath Waterfront Condominium for Sale in CLIPPER CONDO, FL
5111 Manor Court 2, Cape Coral, FL, 33904
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
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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 732 Sesame Court | Sep 2025 | $215,000 | 2/2 | 1,113 | $193 |
| 4515 Country Club Boulevard 103 | Mar 2026 | $225,000 | 2/2 | 1,195 | $188 |
| 4541 SE 5th Place 207 | Mar 2026 | $215,000 | 2/2 | 1,019 | $211 |
| 4803 SW Santa Barbara Court 5 | May 2026 | $260,000 | 2/2 | 1,015 | $256 |
| 1414 SE 46th Street 2D | Sep 2025 | $215,000 | 2/2 | 1,160 | $185 |
| Average | 5 comps | $226,000 | $207 |
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.
Price & status history
Down $34,900 (12.5%) from the original list price.
| Jan 16, 2026 | Sold | $245,000 |
| Jul 8, 2025 | Price reducedfrom $259,900 | $249,900 |
| Mar 14, 2025 | Listed | $279,900 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Shutters
- 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)
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.