River Park Place

River Park Place is a single condominium association on SE 20th Place in Cape Coral, built 1987–89, roughly 58 units, one declaration, no sub-associations. I’m Brenton Miebach, a REALTOR® in Cape Coral, and this stretch of SE 20th Place near the Caloosahatchee has several older riverfront communities I track the same way, document by document. The single most useful confirmed fact I have on River Park Place right now isn’t a fee, it’s a state compliance record, and it’s a genuinely good one.

Does River Park Place have a Structural Integrity Reserve Study on file?

Yes. River Park Place Condominium Association, Inc. has an on-file Structural Integrity Reserve Study (SIRS) with the Florida Department of Business and Professional Regulation, Division of Condominiums, Timeshares, and Mobile Homes, confirmed directly against the Division’s public SIRS Reporting Database, checked August 5, 2026. That database is the state’s own record of which associations have complied with Florida’s post-Surfside structural reserve requirements. I haven’t yet pulled the exact submission date or the study’s funded percentage from the association’s own copy of the report, that level of detail would need a request directly to the association or its manager, but the on-file status itself is a dated, sourced fact worth knowing before you buy here.

What are the HOA fees at River Park Place?

$730/month ($8,760/year), confirmed. Two independent, contemporaneous 2026 MLS listings agreed exactly on this figure, and I’ve now corroborated it against the association’s own Proposed 2026 Budget, which states a Total Assessment Revenue of $730.00 per unit per month, flat, no increase proposed from 2025. That budget also shows the association funding two reserve lines for the first time in 2026: $47,500 for SIRS reserves and a new $47,656 for non-SIRS reserves, both $0 in 2025, consistent with the statewide post-Milestone/SIRS reserve buildup most older Florida condos are now going through.

What’s the minimum lease at River Park Place?

90 consecutive days, per the association’s Amended and Restated Declaration of Condominium (Article 13.2). No lease may run longer than one year with no renewal option, though the Board may approve the same tenant year to year at its discretion, and a new lease can’t begin until at least 90 days have passed since the start of the previous one. No subleasing or assignment of lease rights is allowed. This matches the current MLS listing data exactly.

Does River Park Place allow pets?

Yes, within limits, per Article 12.6 of the Declaration: one dog weighing 20 lb or less at maturity, or one cat, or one bird. No other pets, and fish tanks over 55 gallons aren’t permitted. Pets aren’t allowed in the pool area, must be leashed or carried on common elements, and owners must clean up after them immediately. A pet that becomes a nuisance (vicious, noisy, or otherwise a bother) must be removed within 3 days of the Association making that determination, and keeping a pet requires the owner to indemnify the Association. The Association may grant individual exceptions to the number/type/weight limits at its discretion.

Can a unit at River Park Place be used as a short-term or vacation rental?

No. The Declaration (Article 12.1) expressly declares use of a unit as a public lodging establishment, or as part of a fractional-ownership or vacation-club program, to be a prohibited business/commercial use, on top of, and stricter than, the 90-day minimum lease term above. Each unit is restricted to single-family residential use only, with maximum occupancy of 4 persons in a 2-bedroom unit and 6 persons in a 3-bedroom unit.

How many units are at River Park Place, and who manages it?

Roughly 58 units per the Lee County parcel roll, built 1987–89, one association. River Park Place Condominium Association, Inc. (Florida Sunbiz Doc# N18984, active since January 1987). The association’s Sunbiz-listed principal address is the property itself, on SE 20th Place, which is stronger identity confirmation than I have for some other communities in this area. Compass Rose Management is the association’s manager of record.

Frequently asked questions

Does River Park Place have a Structural Integrity Reserve Study on file with the state?

Yes. River Park Place Condominium Association, Inc. has an on-file Structural Integrity Reserve Study per the Florida DBPR’s public SIRS Reporting Database, checked August 5, 2026. The exact submission date and funded percentage weren’t retrievable from the public view; ask the association for its own copy of the report for that level of detail.

What are the HOA fees at River Park Place?

$730/month ($8,760/year), confirmed by two independent 2026 MLS listings and the association’s own proposed 2026 budget, all in exact agreement.

What’s the minimum lease at River Park Place?

90 consecutive days, per the recorded Declaration, with a one-year maximum and no automatic renewal option.

Does River Park Place allow pets?

Yes, with limits: one dog up to 20 lb, or one cat, or one bird, per the recorded Declaration, plus leash, pool, and nuisance conditions.

Can a unit at River Park Place be used as a short-term rental?

No. The Declaration expressly prohibits using a unit as a public lodging establishment or as part of a vacation-club or fractional-ownership program.

How many units are in River Park Place, and when was it built?

Roughly 58 units per the Lee County parcel roll, built between 1987 and 1989.

Where is River Park Place located?

On SE 20th Place in Cape Coral (33904), in the same riverfront corridor as Park View, Parkside at the Rivers, and River Towers.

Looking at a unit in River Park Place?

A confirmed SIRS on file is a genuinely reassuring, easy-to-verify fact for a building of this age, not every community on this stretch of the river can say that, and the fee, lease, and pet rules are now fully confirmed too. River Park Place sits alongside Park View, Parkside at the Rivers, and River Towers along SE 20th Place, and I track all of them the same way. Tell me which unit you’re considering and I’ll pull the current budget from Compass Rose Management before you write an offer. I’m Brenton Miebach, REALTOR®, or start browsing available units with my home search tool.