2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2025019880

$164,900

2 Bed Waterfront Home for Sale in Cape Coral

4807 Sunset Court 107, Cape Coral, FL, 33904

2 beds2 baths1,158 sqft
BoatingFitness CenterClubhouseCommunity PoolWaterfront

About this home

Huge price reduction! Live in downtown paradise & watch the panoramic sunsets from your balcony ! Sunset Towers is one of the most famous landmarks in beautiful downtown Cape Coral ! Nestled on the Bimini Basin beside Four Freedoms Park with amazing views, this complex is steps away from all that South Cape & the Downtown District offers ! Close to Cape Coral Beach, the bridge to Ft Myers & the beaches or airport. Community pool ! Community boat dock ! Newly renovated inside and out ! Kitchen complete with granite countertops & electric roll down shutters for lanai! This very well maintained, spacious condo has tile throughout. Located minutes from the river and beaches with direct access. No bridges ! This condo is the perfect place to let your SW Florida dream unfold !

Property details

Type
Condominium
Year built
1968
Interior
1,158 sqft
Lot size
6,229.08 sqft
Acreage
0.14 acres
Garage
None
Days on market
182
Total association fees
$9,000/yr (~$750/mo)
CDD
None
Est. taxes (1.4%)
$2,309/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
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

AssociationManagementInsuranceIrrigationWaterLaundryMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

BoatDockBilliardRoomBilliardsBikeStorageClubhouseFitnessCenterLaundryBarbecuePicnicAreaPoolBoatSlipSidewalksTrashManagement

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
$142/sqft
Comp median
$131/sqft
Difference
+8%

Based on the $/sqft of 3 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
4803 Sunset Court 304Apr 2026$146,9002/21,192$123
238 SE 46th LaneSep 2025$165,0002/21,260$131
4549 SE 5th Place 211Feb 2026$185,0002/21,019$182
Average3 comps$165,633$145

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 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 $55,100 (25%) from the original list price.

May 14, 2026Price reducedfrom $179,000$164,900
Nov 13, 2025Listed$220,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1968 — 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
Location convenienceHigh
Hospital
5.1 mi
Cape Coral Hospital
Beach
7.6 mi
Fort Myers Beach
Airport
6.4 mi
Page Field (Fort Myers)
Shopping
5.7 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.