$160,000
2 Bed 2 Bath Pool Waterfront Condominium for Sale in CRESCENT BAY CONDO, FL
108 SE 47th Street 103, Cape Coral, FL, 33904
About this home
MAJOR PRICE REDUCTION!!! WATERFRONT PARADISE WITH GULF ACCESS – YOUR COASTAL RETREAT AWAITS Imagine waking to golden sunrises, sipping coffee on your lanai as dolphins glide past, manatees surface, and exotic birds greet the day. In the evening, relax with your favorite beverage while the sky explodes with color — all from the comfort of your own private, waterfront sanctuary. This updated large 2-bedroom, 2-bath condo offers 1,266 square feet of relaxed, coastal living — seamlessly blending comfort with nature. Nestled on a Gulf-access canal with just one bridge to the Caloosahatchee River, this is your direct gateway to the open Gulf of Mexico — whether you're boating or simply enjoying the breeze. Inside, you’ll find: A spacious primary suite with en suite bath. An updated kitchen and bathrooms with stylish cabinetry. An oversized indoor laundry room with ample space for beach gear, coolers, and storage. Hurricane shutters for added peace of mind. Step outside to the showstopper — your lanai overlooking the canal and adjacent pool. It's like having your own private oasis, just steps from your door. Recent upgrades include: New roof (2023) New boat docks and seawall, irrigation system. Ideally located just minutes from downtown Cape Coral and Fort Myers, you're never far from shopping, dining, and entertainment — yet blissfully tucked away in a serene waterfront setting. Don’t miss this rare opportunity to own a slice of paradise — where nature, comfort, and location come together beautifully. Don't delay schedule your private showing!
Property details
- Type
- Condominium
- Year built
- 1981
- Interior
- 1,266 sqft
- Lot size
- 2,735.568 sqft
- Acreage
- 0.06 acres
- Garage
- None
- Days on market
- 213
- Total association fees
- $6,900/yr (~$575/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,240/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southeast
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- Yes
- 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 3 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 |
|---|---|---|---|---|---|
| 232 Cape Coral Parkway 105 | Jul 2026 | $145,000 | 2/2 | 1,078 | $135 |
| 4914 Tudor Drive 102 | Feb 2026 | $140,000 | 2/2 | 1,382 | $101 |
| 4914 Tudor Drive 203 | Mar 2026 | $167,000 | 2/2 | 1,382 | $121 |
| Average | 3 comps | $150,667 | $119 |
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 $70,000 (33.3%) from the original list price.
| Oct 1, 2025 | Sold | $140,000 |
| Aug 6, 2025 | Price reducedfrom $184,000 | $160,000 |
| Jun 13, 2025 | Back on market | |
| Jan 9, 2025 | Listed | $210,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Built 1981 — 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
- 55+ age-restricted community
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.
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.