4550 SE 5th Place 202 Cape Coral, FL $ 255,000
4550 SE 5th Place 202
$ 255,000
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4550 SE 5th Place 202

Cape Coral, FL, 33904
$ 255,000
Bedrooms2 Baths2.0 Sq 1,022

Monthly Estimate*

$ 1,570

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Condo for sale in Cape Coral, FL

for $255,000 with 2 bedrooms and 2 full baths. This 1,022 square foot condo was built in 1989.

Gulf access condo just minutes from downtown Cape Coral! Situated on the Rubican Canal with over 200 feet of waterfront views, this beautifully updated 2-bedroom, 2-bathroom condo offers the Florida lifestyle you've been dreaming of. Step inside to a bright and open floor plan featuring new luxury vinyl plank flooring throughout for easy maintenance. The spacious kitchen is equipped with granite countertops, updated appliances, a pantry, plenty of counter space, and a breakfast bar that's perfect for entertaining. The living area flows seamlessly to a private west-facing balcony, providing the ideal spot to enjoy your morning coffee or take in breathtaking Florida sunsets over the water. The owner's suite offers private lanai access, stunning canal views, a large walk-in closet, and an en-suite bathroom featuring a tiled walk-in shower. Enjoy added peace of mind with a newer A/C system (2024) that was recently serviced in May, a water heater replaced in 2022, hurricane-impact windows in the primary bedroom, and a hurricane roll-down screen on the lanai. The well-maintained Ocean Isle Rubican community provides even more value with a newer seawall (2018), composite docks (2018) that allow you to keep your boat right outside your backyard, updated carports (2018/2019), fresh exterior paint (2025), and a new roof and soffits (2024). Low HOA fees include flood insurance, water, garbage, pest control, and lawn maintenance, making for truly low-maintenance living. Conveniently located in the heart of Cape Coral, you'll be within walking or biking distance of downtown Cape Coral's shopping, dining, and entertainment. Nearby attractions include Cape Harbour, Tarpon Point, top-rated schools, medical facilities, local beaches such as Sanibel, Captiva, and Fort Myers Beach, as well as easy access to area airports. Whether you're looking for a seasonal retreat, investment property, or year-round residence, this waterfront condo checks all the boxes. Don't miss your opportunity to own your slice of paradise, schedule your private showing today!

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Condo Active

Price

$ 255,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,825

Style

Two Story, Low Rise

Year Built

1989

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026024466

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available High Speed Internet Available
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Dishwasher Freezer Disposal Microwave Refrigerator Self Cleaning Oven Washer
HOA Fee 0
Garage Spaces 0
Association Fee Includes Association Management Insurance Maintenance Grounds Recreation Facilities Reserve Fund Trash Water
Patio/Porch Features Balcony Screened
Architectural Style Two Story Low Rise
Pool Features Community
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed Call Conditional
Year Built 1989
View Canal
Stories Count 2
Levels Two
Unit Number 202
Property Subtype Condominium
Tax Year 2024
Ownership Condo
Waterfront Features Canal Access
Community Features Boat Facilities Non-Gated
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities Boat Dock Pool Management
HOA true
Subdivision Name OCEAN ISLE RUBICAN II
Facing Direction East
Garage Y/N false
Total Rooms 0
Full Baths 2
Status Active
Directions Head west on Cape Coral Parkway turn right on SE 6th Ave then turn left on SE 47th Ter take a right on SE 5th PL and the condo is on the left hand side.
City Cape Coral
Disclosures RV Restriction(s)
Land Lease Amount 0
Senior Community Y/N false
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Spaces 1
Carport Y/N true
Tax Annual Amount 3825.29
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026024466
Structure Type Low Rise
Standard Status Active
Tax Lot 202
Property Sub Type Additional Condominium
Legal Description OCEAN ISLE RUBICAN II OR 2115 PG 3283 UNIT 202
Assoc/CIC Condominium
HOA Fee 3 507
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Interior
Interior Amenities Living/Dining Room Pantry Shower Only Separate Shower Cable TV Walk-In Closet(s) Split Bedrooms
Flooring Tile Vinyl
Furnished Y/N Furnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Sliding
Half Baths 0
Laundry Features Inside
Total Bedrooms 2
Entry Level 2
Room Type Great Room
Total Baths 2
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Exterior
Exterior Amenities None Shutters Electric
Parking Features Assigned Covered Guest Paved One Space Attached Carport
Lot Features Zero Lot Line
Water Source Public
Lot Size Area 0
Spa false
Building Area Total 1022
Lot Size Acres 0
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Waterfront Y/N true
Covered Spaces 1
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Ashley Clark

Listing Agent

John R. Wood Properties

Broker

Ashley@ashleyhomesfl.com

Email

Affordability Calculator

$1,889
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,570
Monthly Property Taxes
$319
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$255,000 Listed Price

Map


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4550 SE 5th Place 202, Cape Coral, FL, 33904 is a Condo for sale at $255,000 with 1,022 sqft. 4550 SE 5th Place 202 has 2 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 33904 which is in Cape Coral, FL