$219,900
2 Bed Waterfront Home for Sale in Cape Coral
108 SE 47th Street 102, Cape Coral, FL, 33904
About this home
You can’t beat the beauty and location of this fully renovated gulf access condo. You can watch the sunrise, dolphins, and manatees right from your lanai or cast a fishing rod right off the dock! This 1st floor condo is being offered furnished and offers walk-out access to the community pool, and boat docks. Boat docks are first come first serve. There is also a new project in the works to build more docks offering additional dock space for residents. This canal is extra wide and has quick access to open water with 1 bridge out to the Caloosahatchee River. This development has many new upgrades including boat docks, captain’s walk, irrigation, and a new roof. Inside the home you will find everything is brand new including the hot water heater. A home warranty will transfer with the sale and is good through Jan '29. You will love the tile that is throughout the home, stunning white kitchen with quartz counters, two remodeled bathrooms, and all fresh updated paint colors. This home is unusually bright and airy due to multiple windows and sliders overlooking the canal! Your Primary Bedroom has its own slider to the lanai so you can wake up to views of the water! Flood insurance is covered in the HOA fee. All assessments are paid on this unit. This location is a very short bike ride/drive to downtown (47th Terr) and close to the new Bimini Basin Project which will offer health care, restaurants and shopping. This is a 55+ community. See it today!
Property details
- Type
- Condominium
- Year built
- 1981
- Interior
- 1,266 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 61
- Total association fees
- $6,900/yr (~$575/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,079/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southeast
- Waterfront
- Yes
- 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
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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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 |
|---|---|---|---|---|---|
| 4622 SW Santa Barbara Place 111 | Aug 2026 | $245,000 | 2/2 | 1,080 | $227 |
| 4924 Tudor Drive 203 | Dec 2025 | $245,000 | 2/2 | 1,307 | $187 |
| 408 Tudor Drive 1C | Apr 2026 | $220,000 | 2/2 | 1,389 | $158 |
| 408 Tudor Drive 1A | Jun 2026 | $220,000 | 2/2 | 1,389 | $158 |
| 4515 Country Club Boulevard 103 | Mar 2026 | $225,000 | 2/2 | 1,195 | $188 |
| 4563 SE 5th Place 205 | Aug 2026 | $195,000 | 2/2 | 1,170 | $167 |
| Average | 6 comps | $225,000 | $181 |
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 $18,000 (8%) from the original list price.
| Apr 20, 2026 | Sold | $207,000 |
| Mar 20, 2026 | Price reducedfrom $225,000 | $219,900 |
| Feb 9, 2026 | Listed | $225,000 |
The good, the trade-offs & the location
- Waterfront
- 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.
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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.