Cape Coral, FL · Single-Family Neighborhoods (Non-Gated)

South Cape Downtown / SE 47th Terrace District

Cape Coral's restaurant/entertainment district

Single-Family Neighborhoods (Non-Gated)mixed-useMid · $450K – $900KFEMA Zone AE

Market Snapshot

South Cape Downtown / SE 47th Terrace District market data

Live from the MLS · updated continuously. See all 13 listings →

Active Listings
13
for sale now
Median List Price
$229,000
active inventory
Median $/Sq Ft
$175
list price ÷ sqft
Avg Days on Market
140
days listed
Price Range
$149,900-$530,000
low to high
Sold (90 days)
$232,000
6 closed · median
Homes Built
1963-2004
Typical Home
2 bed · 1,203 sq ft
Waterfront
54% of homes
Private Pool
31% of homes
Median sold price · South Cape Downtown / SE 47th Terrace District
$232,000last 3 monthsnot enough sold data to compare

Figures reflect current active listings (and recent closed sales where available) tagged to South Cape Downtown / SE 47th Terrace District. Medians are indicative, not an appraisal, ask Rick for a comparative market analysis on a specific home.

On the Map

Where South Cape Downtown / SE 47th Terrace District sits

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Available Now

Homes for sale in South Cape Downtown / SE 47th Terrace District

No active listings in South Cape Downtown / SE 47th Terrace District right now

New homes list here weekly, search nearby or ask Rick to watch this community for you.

Search nearby homes →

Recently Sold

Recent sales in South Cape Downtown / SE 47th Terrace District

HomeBd / BaSq FtSoldSold Price
3848 SE 7th Place, Cape Coral3 / 21,939Jul 2026$285,000
4437 SE 10th Avenue, Cape Coral3 / 21,923Jun 2026$445,000
806 SE 46th Street 1F, Cape Coral2 / 21,199Jun 2026$158,000
920 SE 46th Street 1, Cape Coral2 / 21,101Jun 2026$179,000

Closed sales from the last 12 months. Ask Rick for a full comparable-sales report on any home you're considering.

At a Glance

South Cape Downtown / SE 47th Terrace District at a glance

Price Range
Mid
Typically $450K – $900K
Flood Zone
Zone AE
High risk · 1% annual chance · BFE established
high-confidence estimate, verify by address
Community Type
mixed-use
Region
Cape Coral

Amenities & Lifestyle

What you get living in South Cape Downtown / SE 47th Terrace District

Walkable DowntownCondoDiningEntertainment

Drive Times

Location & access

  • 🏖️ Nearest Beach25 min
  • ✈️ RSW Airport32 min
  • 🏙️ Downtown Fort Myers21 min
  • 🏥 Nearest Hospital11 min
  • 🛣️ I-75 Access27 min

Cost of Ownership

Estimated yearly costs for a mid-tier home

Florida estimates based on a $650,000 home in South Cape Downtown / SE 47th Terrace District. Actual numbers vary, book a Strategy Session for a live, parcel-specific quote.

Property Tax
$8,450
~$704/mo · Lee County millage ~1.3%
Insurance (incl. flood)
$7,800, $14,300
Flood + wind in high-risk zone
HOA Estimate
$0, $150/mo
Typically low/none

Estimates only. Florida Homestead Exemption (when you qualify) can knock $750-1,500 off the annual tax bill.

⚠️ Flood Zone Accuracy Note

South Cape Downtown / SE 47th Terrace District is mapped primarily in Zone AE

All sample points within South Cape Downtown / SE 47th Terrace District returned Zone AE. Individual parcels may differ, flood zones are assigned per parcel by FEMA, not per community.

Before making an offer, always verify the exact flood zone for the specific property address:

🔍 Verify on FEMA Map Service Center →Ask Rick for the Exact Zone →

Source: FEMA National Flood Hazard Layer · sampled at 5 points per community · confidence: high

Schools Nearby

Top schools within 8 miles of South Cape Downtown / SE 47th Terrace District

Brighton Academy I

2.2 mi
Elementaryprivate· Score 0/100

St. Andrew Catholic School

2.8 mi
K-8catholic· Score 75/100

Grace Community School of Skyline

3.1 mi
Elementaryprivate· Score 70/100

Cypress Lake Middle School

3.5 mi
Middlepublic· DOE Grade A· Score 80/100

Heights Elementary School

3.6 mi
Elementarypublic· DOE Grade A· Score 79/100

Cypress Lake High School

3.7 mi
Highpublic· DOE Grade B· Score 67/100

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Ready to Look Closer?

Get live numbers for South Cape Downtown / SE 47th Terrace District

HOA dues, current listings, recent sales, builder incentives, all change weekly. Book a free Strategy Session and I'll pull a live snapshot for South Cape Downtown / SE 47th Terrace District tailored to your timeline and budget.

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Good Questions

South Cape Downtown / SE 47th Terrace District, frequently asked questions

What are home prices like in South Cape Downtown / SE 47th Terrace District?
South Cape Downtown / SE 47th Terrace District is in the mid price tier, typically Typically $450K – $900K. List prices vary by size, age, condition, and current inventory; search current listings or ask Rick for live comps.
What FEMA flood zone is South Cape Downtown / SE 47th Terrace District in?
South Cape Downtown / SE 47th Terrace District is mapped primarily in FEMA Zone AE, High risk · 1% annual chance · BFE established. Individual parcels can differ; Rick verifies the exact zone for any address.
What schools are near South Cape Downtown / SE 47th Terrace District?
Closest schools include Brighton Academy I (2.2 mi), St. Andrew Catholic School (2.8 mi), Grace Community School of Skyline (3.1 mi). Browse all on the schools directory.
What does it cost to own a home in South Cape Downtown / SE 47th Terrace District?
For a $650,000 home, estimate roughly $8,450/yr property tax, $7,800-$14,300/yr insurance (incl. flood), and $0-$150/mo HOA. Full breakdown in the SWFL cost cheatsheet.
What amenities does South Cape Downtown / SE 47th Terrace District offer?
South Cape Downtown / SE 47th Terrace District features Walkable Downtown, Condo, Dining, Entertainment. Compare similar communities on the interactive map.