Ocean Isle Rubican, 4500 5th Pl #105

2
Beds
2
Baths
1,050
SqFt
$197
$/SqFt
Sold - Apr 01, 2026
Condo
Built in 1988
Water View
$533/mo HOA
Waterfront
Low Rise (1-3)
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: -Two-week minimum rentals allowed, HOA background check required -Pets allowed (2 max / per association) -Flood Insurance Covered by HOA -Sellers are flexible on timing and showings -Direct Gulf access (approx. 20 minutes to open water) -First-come, first-serve boat dock with no waitlist (dock being replaced this summer) - 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.
MLS Number: 225041900
Updated: 167 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: No info
  • View: Water
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Heating Description: Central Electric
  • Cooling Description: Central Electric
Building and Construction
  • Floor Description: No info
  • Windows/Treatment: No info
  • Construction Type: No info
  • Year Built: 1988
  • Style: Low Rise (1-3)
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Limits
    Taxes, Fees & More
    • Maintenance Includes: Lawn/Land Maintenance, Manager, Trash Removal
    • Taxes: 3785.21
    • Security Information: Smoke Detector(s)
    • Parking Description: 1 Assigned
    • Total Floors in Building: 1
    • Total Units in Building: 12

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    Price History

    Current
    $207K
    High
    $309K
    Low
    $207K
    Total Change
    -33%
    $321K$258K$195KApr 25Jun 25Nov 25Dec 25Jan 26Jan 26Feb 26Feb 26Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/01/2026
    Sold
    $207K
    0%
    $197 ft2
    $2,122 m2
    02/16/2026
    Price Reduced
    $207K
    -0.96%
    $197 ft2
    $2,122 m2
    02/16/2026
    Price Reduced
    $209K
    -8.73%
    $199 ft2
    $2,143 m2
    01/22/2026
    Price Reduced
    $229K
    -8.03%
    $218 ft2
    $2,348 m2
    01/05/2026
    Price Reduced
    $249K
    -7.43%
    $237 ft2
    $2,553 m2
    12/08/2025
    Price Reduced
    $269K
    -6.92%
    $256 ft2
    $2,758 m2
    11/08/2025
    Price Reduced
    $289K
    -3.34%
    $275 ft2
    $2,963 m2
    06/09/2025
    Price Reduced
    $299K
    -3.24%
    $285 ft2
    $3,065 m2
    04/28/2025
    Listed
    $309K
     
    $294 ft2
    $3,168 m2
    04/01/2026
    $207K
    Event
    Sold
    Change
    0%
    Price Per
    $197 ft2
    $2,122 m2
    02/16/2026
    $207K
    Event
    Price Reduced
    Change
    -0.96%
    Price Per
    $197 ft2
    $2,122 m2
    02/16/2026
    $209K
    Event
    Price Reduced
    Change
    -8.73%
    Price Per
    $199 ft2
    $2,143 m2
    01/22/2026
    $229K
    Event
    Price Reduced
    Change
    -8.03%
    Price Per
    $218 ft2
    $2,348 m2
    01/05/2026
    $249K
    Event
    Price Reduced
    Change
    -7.43%
    Price Per
    $237 ft2
    $2,553 m2
    12/08/2025
    $269K
    Event
    Price Reduced
    Change
    -6.92%
    Price Per
    $256 ft2
    $2,758 m2
    11/08/2025
    $289K
    Event
    Price Reduced
    Change
    -3.34%
    Price Per
    $275 ft2
    $2,963 m2
    06/09/2025
    $299K
    Event
    Price Reduced
    Change
    -3.24%
    Price Per
    $285 ft2
    $3,065 m2
    04/28/2025
    $309K
    Event
    Listed
    Price Per
    $294 ft2
    $3,168 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Stephen HacheyFlat Fee MLS Realty • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    24

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    40

    100
    Sound Score®
    Bearable noise
    79

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    26

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    1,022 - 1,050
    SqFt Range
    1988
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Community Boat Dock
    Community Gulf Boat Access
    Internet Access
    Pool
    See Remarks
    Sidewalk
    Streetlight
    Barbecue
    Community Boat Dock
    Pool

    Cape Coral
    Entry-Level
    Entry-Level Homes & Condos

    Ocean Isle Rubican Communities in Cape Coral, FL