I decided to grab a roll of rubberized foam and cut a gasket to put in the gap to keep out as much of the elements as possible. Not a perfect job but it was cheap and I have an entire roll to experiment with. When I disconnect the receiver, I can snap back in the access panel.
This is what I'm going to do next. And I can confirm that my May-to-June 2019 made M3 SR+ has that exact same access panel as well. I almost bought that $99 cover for the hole!