$219,000
2 Bed Waterfront Home for Sale in Cape Coral
4613 SE 5th Avenue 108, Cape Coral, FL, 33904
About this home
Waterfront Condo with Gulf Access – No Storm Damage Welcome to your dream waterfront, Gulf-access, corner-unit condo! This fully remodeled and updated 2-bedroom, 2-bath residence offers spectacular water views and has not sustained any damage from the last four hurricanes or recent storms. Enjoy a brand-new kitchen featuring beautiful cabinetry, quartz countertops, and new appliances, along with completely new bathrooms, new flooring throughout, impact windows, and a new A/C system. This move-in-ready home is designed for comfort and style. The open-concept living area is perfect for entertaining or simply relaxing while overlooking the canal. Step outside and the community pool is just moments away. Ideally located in a prime SE Cape Coral location, close to shops and restaurants, and within walking distance of the exciting new $125 million Bimini Square development. Bimini Square will feature two waterfront restaurants, a 77,000 sq. ft. Lee Health medical complex, marina, luxury waterfront apartments, and a parking garage. Community boat slips are available to lease. Schedule your private showing today and experience the beauty and convenience of this exceptional waterfront condo.
Property details
- Type
- Condominium
- Year built
- 1966
- Interior
- 1,117 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 223
- Total association fees
- $6,240/yr (~$520/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,066/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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
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 3 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 |
|---|---|---|---|---|---|
| 4549 SE 5th Place 109 | Sep 2025 | $232,500 | 2/2 | 1,256 | $185 |
| 4541 SE 5th Place 207 | Mar 2026 | $215,000 | 2/2 | 1,019 | $211 |
| 632 Victoria Drive 103 | Feb 2026 | $193,000 | 2/2 | 1,165 | $166 |
| Average | 3 comps | $213,500 | $187 |
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 $40,000 (15.4%) from the original list price.
| Jun 24, 2026 | Price reducedfrom $229,000 | $219,000 |
| Jan 16, 2026 | Listed | $259,000 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- Built 1966 — 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
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.