$249,000
$16K PRICE DROP

5510 SW 4th Place Unit 502 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $2,318/month

Total Views 7,189
2 Beds
2 Baths
1,375 Sq Ft
$181 Price per Sq Ft

Highlights

  • In Ground Spa
  • Main Floor Primary Bedroom
  • Whirlpool Bathtub
  • Cape Elementary School Rated A-
  • Garden View
  • 5-minute walk to Rotary Park

About This Home

A beautifully maintained 1st floor, 2-bedroom, 2-bath condo is perfectly positioned in the highly sought-after Rose Garden Villas of Cape Coral; just a short stroll from the Tarpon Point Marina and all it has to offer – restaurants, shopping, and breathtaking sunsets. This well-loved home provides approximately 1,400 +/- SF of thoughtfully designed living space and is surrounded by lush tropical landscaping, brick paver walkways, wooden bridges, a raised tiki hut, and a beautiful resort-style pool complete with decorative brick pavers and a hot tub. With soaring 10-foot ceilings, and an open floor plan, the home is spacious, airy, and inviting. Freshly painted in a soft neutral palette (2025), a warm, move-in ready space has been created. The neutral tones of the new LVP flooring (2025) complements any style. Even the freshly painted entry door says “welcome.” The updated kitchen, just steps from the dining room, showcases quality cabinetry, granite countertops | stainless appliances | tile flooring | a pantry | and a new ceiling fan is ready for a chef to enjoy. The northern facing, deep-set kitchen window providing a view of the well-manicured community. The living room is expansive and showcases 3 small, quaint, decorative stained-glass windows above the large sliders leading to your private brick paver, walled and screened (2024), tropical retreat. The possibilities in this outdoor space – endless! The oversized primary suite also includes quality cabinetry, a spacious walk-in shower, a granite counter double-sink vanity, and a new toilet. The guest bath offers a whirlpool tub, a modern vanity, and tile flooring. Yes, both bathrooms have been tastefully renovated with stylish fixtures and finishes. There are custom window treatments in the primary suite and new blinds in the guest bedroom. There are new lighted fans in the living room, on the lanai, and in the guest room. Additional Features & Enhancement Include: AC – 2019 | Water Heater – 2019 | Range – 2024 | Dryer – 2025 | Re Piped | Outdoor Storage | Dedicated Parking | No Carpet | Elevated Lot - No Flooding | Priced To Sell Below Homes of Lesser Value | Motivated Seller | Home Warranty With Acceptable Offer.

Listing Agent

Verna Regler

CENTURY 21 SELLING PARADISE Brokerage Phone: 239-542-5777 License #3490982 Listed on: 04/04/2025

CENTURY 21 SELLING PARADISE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,674

Year Built

  • Built in 1986

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Garden

HOA Fees

  • $687 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,375 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • L-Shaped Dining Room
  • Sun or Florida Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Tall Countertops In Bathroom
  • Makeup or Vanity Space
  • Single Vanity
  • Private Water Closet
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Hallway
  • Handicap Accessible
  • Accessibility Features
  • Accessible Approach with Ramp
  • Accessible Entrance

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • In Ground Spa
  • Courtyard
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Compass Rose Management Association
  • Visit Association Website
  • Rose Garden Villas Condo Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Amenities

  • Community Mailbox

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,674

Year Built

Built in 1986

Lot Details

0

HOA Fees

$687 per month

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1375
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1986
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s)
  • Building Area Total: 1526
  • Lot Size Sq Ft: 5339
  • Status: Active
  • Street Direction: SW
  • Ownership: Condominium
  • Entry Level: 1
  • Escrow City: Cape Coral
  • Escrow State: FL
  • Escrow Street Name: Del Prado Blvd
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 181.09
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: Elevated,Walk-Up
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 239-542-5777
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Accessibility Features, Ceiling Fans(s), Crown Molding, High Ceilings, L Dining, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Additional Rooms: Florida Room
  • Living Area Meters: 127.74

Exterior Features

  • Direction Faces: North
  • Other Structures: Gazebo, Other
  • Exterior Features: Courtyard, Garden, Lighting, Sidewalk
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: No
  • View: Garden, Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12071C0411G

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalks
  • Association Amenities: Maintenance, Other, Pool, Recreation Facilities, Spa/Hot Tub, Vehicle Restrictions
  • Association Fee Frequency: Quarterly
  • Association Name: Compass Rose Management
  • Phone: Amy Conte
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 2060
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Association Email: amy@crmfl.com
  • Monthly Condo Fee Amount: 687
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: rosegardenvillas.com
  • Management: Full Time

Fee Information

  • Total Annual Fees: 8240.00
  • Total Monthly Fees: 686.67

Lot Info

  • Zoning: AE
  • Parcel Number: 23-45-23-C1-00100.5020
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: NA

Tax Info

  • Tax Annual Amount: 3674
  • Tax Block: 100
  • Tax Book Number: 100
  • Tax Lot: 502

Multi Family

  • Approval Process: Buyers must make application to the HOA.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,674 $215,560 -- --
2024 $3,674 $195,964 -- --
2023 $3,803 $178,149 $0 $0
2022 $3,085 $161,954 $0 $0
2021 $2,848 $147,231 $0 $147,231
2020 $2,701 $134,045 $0 $134,045
2019 $2,617 $134,853 $0 $134,853
2018 $2,462 $125,163 $0 $125,163
2017 $2,366 $125,970 $0 $125,970
2016 $2,197 $114,845 $0 $114,845
2015 $2,073 $106,700 $0 $106,700
2014 $1,848 $90,500 $0 $90,500
2013 -- $90,500 $0 $90,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 For Sale $249,000 0.0% $181 / Sq Ft
09/25/2025 09/25/25 Off Market $249,000 -- --
09/07/2025 09/07/25 Price Changed $249,000 -6.0% $181 / Sq Ft
04/04/2025 04/04/25 For Sale $264,900 -- $193 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Attorney
Warranty Deed $153,000 Cape Coral Title Insurance A
Warranty Deed $85,000 --
Warranty Deed $76,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $122,400 Unknown
Previous Owner $84,000 No Value Available
Previous Owner $61,080 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: C7508030

Stellar MLS

APN: 23-45-23-C1-00100.5020