4550 SE 5th Place # 202 Cape Coral, FL $ 238,000
4550 SE 5th Place # 202
$ 238,000
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4550 SE 5th Place # 202

Cape Coral, FL, 33904
$ 238,000
Bedrooms2 Baths2.0 Sq 1,022

Monthly Estimate*

$ 1,485

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Condo for sale in Cape Coral, FL

for $238,000 with 2 bedrooms and 2 full baths. This 1,022 square foot condo was built in 1989 on a lot size of 0.0739.

Welcome to your slice of paradise in desirable SE Cape Coral! This well-maintained condo sits on the Rubicon Canal with Gulf Access and offers over 200 feet of breathtaking canal views. Enjoy the most beautiful sunsets Southwest Florida has to offer with western exposure, right from your lanai or owner’s suite. Inside, the open floor plan features a bright kitchen with granite countertops, updated appliances, and a breakfast bar. The spacious owner’s suite offers stunning canal views, private lanai access, a large walk-in closet, and a tiled walk-in shower. The community enhances your lifestyle with a pool and three community boat docks, giving you the convenience of docking your boat right in your backyard. Recent updates include a new AC (2023), New Hot Water tank (2022),air ducts professionally cleaned with UV lights (2024), a new hurricane-rated window in the owner’s suite, and a hurricane roll-down screen on the lanai. The community has also invested in new composite docks, a new seawall, fresh exterior paint, and a new roof, all with low HOA fees that include flood insurance! Centrally located, you’re just minutes from Downtown Cape Coral, Cape Harbour, and Tarpon Point, with Sanibel, Captiva, Fort Myers Beach, shopping, dining, medical facilities, and top-rated schools only a short drive away. Seller is open to contributing toward the buyer’s closing costs, making this an even greater opportunity. This condo is also a perfect seasonal getaway or investment property. Don’t miss this chance to live the Florida lifestyle! Schedule your private showing today!

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Condo Active

Price

$ 238,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,825

Style

TwoStory, LowRise

Lot Size

0.0739

Year Built

1989

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025011548

Features
Interior
Interior Amenities LivingDiningRoom ShowerOnly SeparateShower CableTv WalkInClosets SplitBedrooms
Flooring Carpet Tile
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Sliding
Fireplace Y/N N
Half Baths 0
Laundry Features Inside
Total Bedrooms 2
Entry Level 2
Room Type GreatRoom
Total Baths 2
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General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Utilities CableAvailable HighSpeedInternetAvailable
Possession CloseOfEscrow
Roof Shingle
Appliances Dryer Dishwasher Freezer Disposal Microwave Refrigerator SelfCleaningOven Washer
HOA Fee 0.0
Garage Spaces 0.0
Association Fee Includes AssociationManagement Insurance MaintenanceGrounds RecreationFacilities ReserveFund Trash Water
Patio/Porch Features Balcony Screened
Architectural Style TwoStory LowRise
Pool Features Community
Security Features SmokeDetectors
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
Development Name OCEAN ISLE RUBICAN CONDO
Waterfront Features CanalAccess
Community Features BoatFacilities NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Residential
Association Amenities BoatDock Pool Management
HOA Y
Attached Garage N
Subdivision Name OCEAN ISLE RUBICAN II
Facing Direction East
Garage Y/N N
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 RvRestrictions
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Spaces 1.0
Carport Y/N Y
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3825.29
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://lacasatour.com/property/4550-se-5th-pl-202-cape-coral-fl-33904/ub
Structure Type LowRise
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 3 477.0
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Exterior
Exterior Amenities None ShuttersElectric
Parking Features Assigned Covered Guest Paved OneSpace AttachedCarport
Lot Features ZeroLotLine
Water Source Public Public
Lot Size Area 0.0739
Horses N
Spa N
Irrigation/Water Rights N
Gulf Access Type Bridges Water Indirect
Gulf Access Y
Building Area Total 1022.0
Lot Size Acres 0.0739
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Ashley Clark

Listing Agent

John R. Wood Properties

Broker

Ashley@ashleyhomesfl.com

Email

Affordability Calculator

$1,804
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,485
Monthly Property Taxes
$319
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$238,000 -0.83% Price Down
9/22/2025$240,000 Listed Price

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4550 SE 5th Place # 202, Cape Coral, FL, 33904 is a Condo for sale at $238,000 with 1,022 sqft and a lot size of 0.0739. 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