4550 5th PL

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!

Listing Details

MLS #

2026024466

Board

Southwest Florida

Market

florida

Property Type

Residential

Style

Low Rise (1-3)

Year Built

1989

Parking Spaces

1

Heating

Central Electric

Cooling

Ceiling Fan(s), Central Electric

Pool

Community

Annual Taxes

$3,825/yr

Maint. Fee

$6,084/mo

Listed By

John R. Wood Properties

Listed On

June 4, 2026

Days on Market

61

Features & Extras