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Spectacular GULF ACCESS WIDE BASIN VIEW on the RUBICON Canal—one of the most desirable waterfront settings in Cape Coral. Great Low Price for this FIRST-FLOOR 2 Bedroom + DEN in a prime downtown location, and a water view that truly stands out. The bright open layout showcases NEW luxury vinyl flooring in the living areas and bedroom, crown molding, and stylish NEW wainscoting on freshly painted walls. Major updates include a NEW ROOF, NEW covered parking, and a freshly painted building. The UPDATED kitchen features white cabinetry, decorative backsplash, tile flooring, raised ceiling detail, and a BUILT-IN coffee/bar station with wine refrigerator—ideal for entertaining. Sliding glass doors lead to a spacious screened lanai overlooking the heated pool and expansive canal basin, creating seamless indoor-outdoor living. The split-bedroom floor plan offers privacy, with bedrooms on separate hallways. The primary suite features crown molding, lanai access, and a private bath with separate sink area, plus an additional sink area in the guest bath. The den/flex space works perfectly as an office, media room, or guest overflow. A full interior laundry room, multiple closets, and exterior storage provide everyday convenience. The lanai includes roll-down shutters for protection and privacy—perfect for relaxing and watching boats pass by. Added value includes an impact-rated entry door and BRAND NEW hurricane windows in process, offering storm protection and potential insurance savings. This well-maintained community offers Gulf access, a heated waterfront pool, seawall, and community dock. Covered parking and storage are just steps from your front door, with a charming garden area out front for plants or seating. Located in the heart of Downtown Cape Coral, you’re within walking distance to waterfront dining, coffee shops, boutiques, live music, farmers markets, and festivals, with the revitalized Bimini Basin and The Cove at 47th continuing to drive demand. Wide basin views, Gulf access, downtown lifestyle, and first-floor convenience—this is waterfront living done right.
Property Details
Price: $199,000
Sq Ft: 1,262
($158 per
sqft)
Bedrooms: 2
Bathrooms: 2
City: Cape Coral
County: Lee
Type: Condo
Development: Falcon Bay Condo
Virtual Tour/Floorplan:
View
Year Built: 1981
Listing Number: 2026010206
Status Code: A-Active
Taxes: $3,206.52
Tax Year: 2025
Application Fee: $150.00
Garage:
Furnishings: Unfurnished
Pets Allowed: No
Total Recurring Fees: $7,708
Total Recurring Fee Frequency: 0.00
Interior Features:
Volume Ceiling
Window Coverings
Amenities:
Community Boat Dock
Pool
Financial Information:
Taxes: $3,206.52
Tax Year: 2025
Association Fee: $7,560.00
Association Description: Mandatory
Exterior Features:
Concrete Dock
Elec Avail at dock
Screened Lanai/ Porch
Storage
Equipment:
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
View:
Y
Waterfront Description:
Basin
Additional Information:
Building Description: Two Story, Low Rise (1-3)
Building Design: Low Rise (1-3 Floors)
Community Type: Boating
MLS Area: Falcon Bay Condo
Total Square Footage: 1,262
Total Floors: 2
Water: Assessment Paid, Central
Construction: Concrete Block, Stucco
Short Sale: No
Date Listed: 2026-03-31 00:00:00
Pool Description: Community
Furnished: Unfurnished
Kitchen Description: Island
Windows: Window Coverings
Parking: 1 Assigned, Covered, Paved, Attached Carport
Flooring: Carpet, Tile
Roof: Shingle
Heating: Central Electric
Cooling: Central Electric
Storm Protection: Impact Resistant Doors, Shutters - Manual
Laundry: Laundry In Residence
Irrigation: Assessment Paid, Central
Pets: No
Restrictions: Limited Number Vehicles
Maintenance: Insurance, Irrigation Water, Lawn/ Land Maintenance, Legal/ Accounting, Manager, Pest Control Exterior, Repairs, Reserve, Sewer, Trash Removal, Water
Rear Exposure: E
Lot Desc.: Zero Lot Line
Amenities: Community Boat Dock, Pool
Map of 4707 5Th Ave Se #102, Cape Coral, FL 33904
Listing Courtesy Of: Locatehomes.com
jan@locatehomes.com