2 Bed 2 Bath Pool Waterfront Condominium for Sale in PALM BREEZE, FL
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SoldMLS# 2026003008

$299,900

2 Bed 2 Bath Pool Waterfront Condominium for Sale in PALM BREEZE, FL

917 SW 47th Terrace 102, Cape Coral, FL, 33914

2 beds2 baths1,004 sqft1 garage
BoatingCommunity PoolWaterfront

About this home

Welcome to this exceptional first-floor, end-unit Gulf-access residence in highly coveted SW Cape Coral, featuring the rare convenience of a private 1-car attached garage. This light filled 2 bedroom/2 bath coastal retreat features tile and luxury vinyl wood flooring throughout and a thoughtfully designed open concept layout where the kitchen flows seamlessly into the living and dining areas which makes it perfect for both everyday living and entertaining. The home has been meticulously cared for and tastefully upgraded over the past five years, including new granite countertops, new kitchen appliances, and a new A/C unit.  Expansive sliding glass doors open to the waterfront lanai, where tranquil canal views set the stage for relaxed Florida living. Your boat can be docked just steps from your door, offering effortless access to world class boating. Enjoy a scenic cruise through Lake Finisterre, under one of Cape Coral’s tallest bridges (approximately 10') passing Tarpon Point and reach the river in under 30 minutes. Ideal for the boating enthusiast for day trips to Sanibel, Fort Myers Beach, and beyond.  The well-maintained association features a heated pool and jacuzzi.  The association has recently completed exterior painting of the building and installed a new roof and the property has not experienced any flooding and it is not subject to Florida’s milestone inspection or structural integrity reserve requirements that often make ownership in taller condominium buildings significantly more expensive. The unit is ideally located near Cape Harbour, dining, shopping, and downtown Cape Coral. Offered fully furnished and truly move in ready, this is a rare opportunity to begin enjoying the Florida waterfront lifestyle immediately!

Property details

Type
Condominium
Year built
2004
Interior
1,004 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
90
Total association fees
$7,196/yr (~$600/mo)
CDD
None
Est. taxes (1.4%)
$4,199/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
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

AssociationManagementIrrigationWaterMaintenanceGroundsPestControlReserveFundTrash

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BoatDockBoatRampPierPoolSpaHotTubManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$299/sqft
Comp median
$227/sqft
Difference
+32%

Based on the $/sqft of 6 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
902 SW 48th Terrace 104Sep 2025$260,0002/21,162$224
912 SW 48th Terrace 110Apr 2026$320,0002/21,162$275
1010 SW 48th Terrace 103Apr 2026$234,0002/21,166$201
4727 SW 13th Avenue 203Feb 2026$231,5002/21,074$216
4502 SW 6th AvenueFeb 2026$345,0003/21,197$288
1518 SW 50th Street 204Apr 2026$252,0002/21,096$230
Average6 comps$273,750$239

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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.

Price & status history

Down $34,900 (10.9%) from the original list price.

May 20, 2026Sold$285,000
Feb 22, 2026Price reducedfrom $309,900$299,900
Jan 16, 2026Listed$319,900

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Waterfront
  • Storm protection: Shutters
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.7 mi
Cape Coral Hospital
Beach
8.2 mi
Fort Myers Beach
Airport
8.3 mi
Page Field (Fort Myers)
Shopping
6.8 mi
Coralwood / Merchants Crossing (Cape)

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.