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$225,000 -$13,000 (-5.46%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,022 Sq. Ft.
  • Updated 4 days ago
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Welcome to your slice of paradise in desirable SE Cape Coral, with the convenience of being within walking distance to downtown 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, the Yacht Club, Cape Harbour, and Tarpon Point, with Sanibel, Captiva, Fort Myers Beach, shopping, dining, medical facilities, and top-rated schools only a short drive away. 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!

Full Property Details for 4550 SE 5th Pl #202

General

  • Price: $225,000
  • HOA FEE: $477/month
  • Taxes: (2024)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2025011548
  • Updated: 1/13/2026
  • Added to Site: 117 day(s) ago

Rental Information

  • Lease/Rent Term: 90
  • Min. Lease (Days): 90

Interior

  • Interior Features: Split Bedrooms, Great Room, Wired for Data, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self-Cleaning Oven, Washer
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Dining - Living
  • Laundry: Inside

Additional Information

  • Shared Amenities: Community Boat Dock, Pool, Boating, Non-Gated
  • Security/Safety: Smoke Detector(s), Smoke Detectors

Exterior

  • Exterior Features: Composite Dock, Screened Balcony, None

Parking

  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Assigned, Covered, Guest, Paved, Attached Carport

Location

  • Area: CC12 - Cape Coral Unit 7-15
  • County: Lee
  • Subdivision: OCEAN ISLE RUBICAN II
  • Building Name: OCEAN ISLE RUBICAN CONDO
  • Driving 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.
  • Direction Faces: East

Community

  • Association: Yes
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Manager, Master Assn. Fee Included, Rec Facilities, Reserve, Trash, Water
  • Units Assoc/Comm: 14
  • Pets Allowed: Yes
  • Number of Pets: 2
  • Management Type: Professional

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Low Rise (1-3)
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Windows: Sliding, Shutters Electric
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 1,022
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,022 Sq. Ft.
  • Year Built: 1989

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 0.0739
  • Lot Size (Sq. Ft.): 3,219
  • Lot Size Source: Property Appraiser Office
  • Irrigation System: Central
  • Lot Features: Zero Lot Line
  • Lot Description: Zero Lot Line

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Canal Front
  • Canal Width: Canal Width 200+
  • Boat Dock Slip: Yes

Financial Considerations

  • Condo Fee: $477
  • Condo Fee Freq: Monthly
  • Application Fee: $100
  • Tax Year: 2024
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Condo
  • Legal Description: OCEAN ISLE RUBICAN II OR 2115 PG 3283 UNIT 202
  • Property ID: 12-45-23-C3-01100.2020
  • Section: 12
  • Block: 1100
  • Lot Number: 202

Listed by John R. Wood Properties

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Listing agent

— 4550 SE 5th Pl #202 —

  • John R. Wood Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4550 SE 5th Pl #202

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-50.9 mi
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-51.7 mi
Gulf Elementary School
3400 Southwest 17th Place, Cape Coral, FL 33914
K-53.5 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-83.3 mi
Challenger Middle School, Cape Coral, FL
624 Trafalgar Parkway, Cape Coral, FL 33991
6-84 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-85 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-123.6 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-127.2 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 4550 SE 5th Pl #202 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$225,000
-5.46%
MLS
11/17/2025
Price Reduced
$238,000
-0.83%
MLS
9/22/2025
Listed
$240,000
-14.29%
MLS
12/14/2021
Sold
$280,000
—
Public Record
Get Price Alerts and Save Property
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 for 4550 SE 5th Pl #202

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,676
-30%
$174,016
-19%
2024
$3,825
-6%
$215,073
-12%
2023
$4,053
63%
$244,749
82%
2021
$2,494
-28%
$134,664
-32%
2022
$3,480
40%
$198,155
77%
2021
$2,494
9%
$112,243
—
2019
$2,284
2%
$112,243
7%
2018
$2,237
2%
$104,452
-13%
2017
$2,189
8%
$119,510
10%
2016
$2,033
10%
$108,447
17%
2015
$1,855
9%
$92,700
8%
2014
$1,708
17%
$85,900
17%
2013
$1,459
—
$73,400
—
View All
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 for 4550 SE 5th Pl #202

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by John R. Wood Properties

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4550 SE 5th Pl #202, Cape Coral, FL 33904 (MLS# 2025011548) is a Single Family property with 2 bedrooms and 2 full bathrooms. 4550 SE 5th Pl #202 is currently listed for $225,000 and was received on September 22, 2025. Want to learn more about 4550 SE 5th Pl #202? 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.

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