ActiveMLS# 570bac97de9c5471db1ad9dcf3dcd7c1159 days on market
$245,000
$240 / sq ft
4550 SE 5th PL 202
CAPE CORAL, FL, 33904
2Bedrooms
2Bathrooms
1,022Sq Ft
1989Year Built
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About This Property

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!

Key Features

  • Built in 1989

Property Details

  • Type: Single Family Home
  • Year Built: 1989
  • Lot Size: 0 sq ft
  • Sq Ft: 1,022
  • Price / Sq Ft: $240
  • HOA: Contact Agent
  • Bedrooms: 2
  • Bathrooms: 2
  • Feature: Built in 1989
  • Status: Active
  • MLS Number: 570bac97de9c5471db1ad9dcf3dcd7c1
  • Days on Market: 159
  • Listed By: John R. Wood Properties · Ashley Clark
  • Zip Code: 33904
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$245,0004550 SE 5th PL 202, CAPE CORAL, FL
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