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$249,000
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Property Description
Welcome to 4500 SE 5th Pl Unit #105, a beautifully renovated, turnkey 2-bedroom, 2-bath first-floor condo in one of Cape Coral's most desirable waterfront communities. Enjoy peaceful canal views with direct Gulf access just minutes away. This unit offers rare peace of mind for a waterfront condo: - Did NOT flood during Hurricane Ian - New community roof installed May 2022 - Condo association maintains fully funded reserves - No current or pending special assessments - Eligible for conventional financing (buyer to verify) Inside, you'll find a bright, open layout with luxury white tile throughout, a fully remodeled kitchen with quartz countertops, stainless steel appliances, and new cabinetry, plus updated bathrooms with modern finishes and fixtures. Relax on your private screened lanai overlooking the water or take a swim in the community pool surrounded by palms. Conveniently located near dining, shopping, and boating, this property is ideal as a full-time residence, seasonal getaway, or income-producing rental.
Full Property Details
Full Property Details for 4500 SE 5th Pl #105
General
- Price: $249,000
- HOA FEE: $533/month
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225041900
- Updated: 1/5/2026
- Added to Site: 265 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Other
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Furnishings: Turnkey
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: None
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Kitchen: Pantry
- Laundry: Inside
Additional Information
- Shared Amenities: Non-Gated
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: 1 Assigned
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: OCEAN ISLE RUBICAN II
- Building Name: OCEAN ISLE RUBICAN CONDO
- Driving Directions: go to the very end of SE 5th PL. and turn left at the roundabout. unit is on your right.
- Direction Faces: East
Community
- Association: Yes
- Assoc. Fees Include: Maintenance Grounds, Manager, Trash
- Units Assoc/Comm: 26
- Pets Allowed: Yes
- Number of Pets: 2
- Management Type: Condo
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Cable Not Available
Structural Information
- Description/Design: Low Rise (1-3)
- Exterior Const.: Stucco
- Roof: Shingle
- Windows: Other
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,050
- Sq. Ft. Source: Survey
- Living Area: 1,050 Sq. Ft.
- Year Built: 1988
Lot Features
- Property View: Water
- Lot Size (Acres): 0.1008
- Lot Size (Sq. Ft.): 4,390
- Lot Size Source: Survey
- Street/Road Desc.: Paved
- Irrigation System: Other
- Lot Features: Dead End, Irregular Lot
- Lot Description: Dead End, Irregular Lot
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Association Fee: $533
- Assoc Fee Freq.: Monthly
- Tax Year: 2024
- Terms: Buyer Finance/Cash, FHA, VA Loan
Disclosures and Reports
- Ownership: Condo
- Legal Description: OCEAN ISLE RUBICAN OR 1980 PG 1724 UNIT 105
- Property ID: 12-45-23-C3-00500.1050
- Section: 12
- Block: 500
- Lot Number: 105
Listed by Flat Fee MLS Realty
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Schools
Schools serving 4500 SE 5th Pl #105
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 0.8 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1.6 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 3.5 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 3.4 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.9 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.9 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.9 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 3.6 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4500 SE 5th Pl #105
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$249,000
-7.43%
MLS
12/08/2025
Price Reduced
$269,000
-6.92%
MLS
11/08/2025
Price Reduced
$289,000
-3.34%
MLS
6/26/2025
Price Reduced
$299,000
-3.24%
MLS
4/28/2025
Listed
$309,000
14.44%
MLS
11/22/2022
Sold
$270,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4500 SE 5th Pl #105
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,488
-34%
$161,742
-24%
2024
$3,785
-14%
$213,444
-15%
2023
$4,406
203%
$250,214
123%
2022
$1,455
1%
$112,169
-13%
2021
$1,446
—
$128,708
20%
2021
$1,446
—
$107,398
—
2019
$1,447
-2%
$107,398
—
2018
$1,470
-30%
$107,398
-6%
2017
$2,103
8%
$113,858
11%
2016
$1,949
9%
$102,520
16%
2015
$1,784
10%
$88,400
12%
2014
$1,619
17%
$79,200
16%
2013
$1,387
—
$68,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4500 SE 5th Pl #105
4500 SE 5th Pl #105, Cape Coral, FL 33904 (MLS# 225041900) is a Single Family property with 2 bedrooms and 2 full bathrooms. 4500 SE 5th Pl #105 is currently listed for $249,000 and was received on April 28, 2025. Want to learn more about 4500 SE 5th Pl #105? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

