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Property view

4705 SW 5th Place, 
Cape Coral, FL 33914

$650,000


4

Beds


2

Baths


2,334

Sq Ft


Single Family

Sold

Listed by

Frank Glaab

Bought with EXP Realty LLC

RE/MAX Sunshine

MLS#

223071546

Source:

FL GFMB

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About This Home

4705 SW 5th Place

Sellers are ready for their next adventure, so bring your offer! This PRICED TO SELL home WITH TONS OF POTENTIAL is ready for updates to make it your own slice of paradise. Located on a RARE CORNER CANAL lot in SW Cape, this home offers 233 feet of waterfront on a GULF ACCESS CANAL. 3 bridges, NO LOCK, this property includes a large 45 ft dock and 10,000-pound boat lift that will accommodate up to a 38 ft cruiser. Large backyard is fenced in to keep kids and pets safe. New roof in 2023. Located just minutes from dining and entertainment spots in Cape Harbor, Tarpon Point and downtown Cape Coral. The lanai will need new screens, repair to the stamped concrete deck and rethatch of the Tiki on the dock. The home would make an excellent turnkey investment property. In season, smaller homes on the street rent for over $300 a night, yielding a cap rate in excess of 6% based on just 180 days rented. Updated homes in the neighborhood have sold for over $1 million! Insurance costs are lower as the home was built to updated building codes, sits above the flood level and meets the wind mitigation standards for the area. The home sat high and dry during IAN. FLOOD INSURANCE IS TRANSFERABLE! Assessments are paid! Reasonable offers will be considered.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 2005

Price Summary

689,900

$295 per Sq. Ft.

MLS #:

223071546

Sold:

December 15, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,334 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Ranch

Year Built:

2005


Lot

Lot Size (Sq. Ft):

12,719


Finances & Disclosures

Finances

Price:

$689,900

Price per Sq. Ft:

$295 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.