$119,900
1 Bed Waterfront Home Sold in Cape Coral
879 SE 46th Lane 8, Cape Coral, FL, 33904
About this home
Enjoy the best of Florida living in this charming 1 bedroom, 1 bath condo on a canal with gulf access. Ideal for boaters and water lovers alike, this community offers a true tropical retreat. Relax by the large sparkling pool, stroll through the beautifully landscaped grounds adorned with vibrant flowers, or take your boat and head to the Gulf. Whether you're looking for a seasonal getaway, year-round residence, or investment opportunity, this condo delivers classic Florida charm in an unbeatable waterfront setting. Located steps from the bustling Cape Coral's entertainment district. HOA fees include city water. Current taxes are non-homestead. Similar condos in the same complex that claim homestead pay $1,400 in taxes annually.
Property details
- Type
- Condominium
- Year built
- 1965
- Interior
- 874 sqft
- Lot size
- 1,720.62 sqft
- Acreage
- 0.04 acres
- Garage
- None
- Days on market
- 251
- Total association fees
- $6,750/yr (~$563/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,679/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 13 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4520 SE 6th Place 2A | May 2026 | $115,000 | 2/2 | 1,028 | $112 |
| 4608 SE 6th Avenue 1D | Jun 2026 | $120,000 | 2/1 | 888 | $135 |
| 4619 SE 5th Place 1 | May 2026 | $129,000 | 2/2 | 964 | $134 |
| 4611 SE 5th Place 8 | May 2026 | $125,000 | 2/2 | 982 | $127 |
| 815 Victoria Drive 207 | Sep 2025 | $135,000 | 2/2 | 782 | $173 |
| 4629 SE 5th Place 12 | Nov 2025 | $140,000 | 2/2 | 964 | $145 |
| Average | 6 comps | $127,333 | $138 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $21,900 (16.2%) from the original list price.
| Apr 2, 2026 | Sold | $113,000 |
| Jan 20, 2026 | Price reducedfrom $124,900 | $119,900 |
| Jul 4, 2025 | Listed | $134,900 |
The good, the trade-offs & the location
- Waterfront
- Built 1965 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.