$169,900
2 Bed Waterfront Home for Sale in Cape Coral
1521 SW 47th Terrace 103, Cape Coral, FL, 33914
About this home
First floor unit available with gulf access.Only one bridge to the gulf. Unit comes fully furnish and turnkey.New roof installed in August of 2023 and new hurricane windows installed in June of 2024.New carport is scheduled to be installed.Unit has been updated with newer kitchen and appliances. Great location with walking distance to grocery store and several restaurants.
Property details
- Type
- Condominium
- Year built
- 1986
- Interior
- 980 sqft
- Lot size
- 5,222.844 sqft
- Acreage
- 0.12 acres
- Garage
- None
- Days on market
- 272
- Total association fees
- $7,500/yr (~$625/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,379/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- 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.
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 7 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 |
|---|---|---|---|---|---|
| 1428 SW 50th Street 117 | Feb 2026 | $145,000 | 2/2 | 1,019 | $142 |
| 5027 SW 16th Place 103 | Mar 2026 | $160,000 | 2/1 | 902 | $177 |
| 1433 SW 51st Lane 99 | Oct 2025 | $153,500 | 2/2 | 953 | $161 |
| 1413 SW 51st Lane 31 | Oct 2025 | $160,000 | 2/2 | 953 | $168 |
| 1010 SW 48th Terrace 102 | Jan 2026 | $175,000 | 2/2 | 1,166 | $150 |
| 4708 SW 8th Place 106 | Dec 2025 | $165,000 | 2/2 | 1,046 | $158 |
| Average | 6 comps | $159,750 | $159 |
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 $30,000 (15%) from the original list price.
| Aug 16, 2026 | Price reducedfrom $175,900 | $169,900 |
| Nov 17, 2025 | Listed | $199,900 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1986 — 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
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.