$175,000
2 Bed 2 Bath Pool Waterfront Condominium for Sale in SAVOY PLAZA CONDO, FL
834 SE 46th Street 1C, Cape Coral, FL, 33904
About this home
Waterfront living, fully reimagined. Welcome to your first-floor waterfront condo in the heart of Cape Coral, offering a rare combination of modern finishes, convenience, and coastal lifestyle living. Completed in 2025, the interior has been thoughtfully updated throughout, featuring luxury vinyl plank flooring, fresh interior paint, and a clean, contemporary design. The kitchen has been completely upgraded with new cabinetry, quartz countertops, and stainless steel appliances, creating a functional and stylish central space. The primary suite offers a peaceful retreat with views overlooking the community pool and Malaga Canal, along with an en-suite bathroom featuring matching cabinetry, marble countertops, a tiled walk-in shower, and a spacious walk-in closet. The guest bedroom is positioned across the hall, ideal for visitors, and is complemented by a full second bathroom with coordinated finishes and a tub/shower combination. Additional highlights include an in-unit laundry room and the benefits of an interior unit, providing added energy efficiency and comfort. Your dedicated parking space is conveniently located directly outside the front door for easy access. Step outside to the screened-in lanai, where you can take in gorgeous views of the pool and Malaga Canal—perfect for morning coffee or evening relaxation. The lanai also includes a convenient storage closet for added functionality. Residents can enjoy the heated community pool overlooking the water, creating a true Southwest Florida experience. Located in the heart of Cape Coral, you’re within walking distance to downtown events, festivals, farmers markets, shopping, and dining, with quick access over the bridge to Fort Myers. Major building and system updates include a newer roof (2023) and water heater (2024), offering added peace of mind. Whether you’re looking for a full-time residence, seasonal getaway, or investment opportunity, this move-in ready waterfront condo delivers on location, condition, and lifestyle.
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 1,158 sqft
- Lot size
- 4,765.464 sqft
- Acreage
- 0.11 acres
- Garage
- None
- Days on market
- 24
- Total association fees
- $7,800/yr (~$650/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,450/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- 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
- No
- 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 14 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 |
|---|---|---|---|---|---|
| 834 SE 46th Street A1 | Apr 2026 | $150,000 | 2/2 | 1,148 | $131 |
| 920 SE 46th Street 1 | Jun 2026 | $179,000 | 2/2 | 1,101 | $163 |
| 920 SE 46th Street 6 | Nov 2025 | $197,000 | 2/2 | 1,101 | $179 |
| 806 SE 46th Street 1F | Jun 2026 | $158,000 | 2/2 | 1,199 | $132 |
| 806 SE 46th Street 1E | Oct 2025 | $149,000 | 2/2 | 1,199 | $124 |
| 1016 SE 46th Street 203 | Mar 2026 | $165,000 | 2/2 | 1,187 | $139 |
| Average | 6 comps | $166,333 | $145 |
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 $14,000 (8%) from the original list price.
| Jun 10, 2026 | Sold | $161,000 |
| Apr 16, 2026 | Listed | $175,000 |
The good, the trade-offs & the location
- Private pool
- Gulf access (Direct — no bridges)
- Built 1974 — 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.