2 Bed SingleFamilyResidence for Sale in Cape Coral
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For RentMLS# 2026033474

$1,490

2 Bed SingleFamilyResidence for Sale in Cape Coral

338 SE 47th Terrace, Cape Coral, FL, 33904

2 beds2 baths1,169 sqft2 garage
Gated55+

About this home

Charming 2BR/2BA Home in Cape Coral – Pet Friendly! Welcome to this inviting 2-bedroom, 2-bathroom home located at 338 SE 47th Ter in the heart of Cape Coral, FL. This home features a convenient, functional layout that makes everyday living easy — perfect for individuals, couples, or small families looking for a relaxed Southwest Florida lifestyle. Enjoy the convenience of a quiet residential neighborhood while staying close to Cape Coral's shopping, dining, parks, and waterways. Whether you're heading to the beach, exploring downtown, or simply enjoying Florida's sunshine, this location puts you within easy reach of it all. ?? Pet-friendly! Well-behaved pets under 50 lbs are welcome (breed restrictions may apply), making this a great option for renters who don't want to leave their furry companions behind. Don't miss the chance to make this Cape Coral home yours — schedule a showing today! Updated memory

Property details

Type
SingleFamilyResidence
Year built
1973
Interior
1,169 sqft
Lot size
1,001,880 sqft
Acreage
23.00 acres
Garage
2 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$21/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Lee

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.

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Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,500
Median sold price · Cape Coral
$386,000last 3 months7.7% vs $358,500 prior 3 months
Median closed price by month · Cape Coral
16.8% MoM29.3% YoY
$340k$400k$459kJul ’25Aug ’26
$459,000Aug ’26 · 47 sales

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.

The good, the trade-offs & the location

Pros
  • 2-car garage
Consider
  • Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • 55+ age-restricted community
Location convenienceHigh
Hospital
5 mi
Cape Coral Hospital
Beach
7.7 mi
Fort Myers Beach
Airport
6.6 mi
Page Field (Fort Myers)
Shopping
5.9 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.