$179,500
2 Bed 2 Bath Waterfront Condominium for Sale in CAPTAINS HARBOR CONDO, FL
1016 SE 46th Street 203, Cape Coral, FL, 33904
About this home
Welcome to affordable Gulf-access waterfront living in the heart of downtown Cape Coral! This inviting 2-bedroom, 2-bath second-floor condo offers the perfect blend of location, lifestyle, and value — complete with a dedicated carport and easy boating access. Inside, the condo feels clean, fresh, and move-in ready with a beautifully updated Craftsman-style kitchen featuring quartz countertops, crisp cabinetry, and a newer appliance package. New LVT flooring welcomes you and plush carpet in the Living room and bedrooms add comfort and style throughout. The bright, open living space flows seamlessly to the screened lanai, where impact windows in the kitchen and master suite and accordion storm shutters provide peace of mind. Relax your days away in the screened in lanai overlooking the canal! For boating enthusiasts, the HOA allows owners to build their own private dock and install a boat lift, offering a rare and flexible opportunity to customize your waterfront access and enjoy direct Gulf boating at your own pace. Beyond the interior, the lifestyle truly shines. Walk to downtown Cape Coral’s restaurants, shopping, and weekly farmers market, and enjoy being right in the center of community block parties, festivals, and waterfront celebrations. Whether you’re looking for a full-time residence, seasonal escape, or investment opportunity, this condo delivers unbeatable access to dining, entertainment, and the Gulf lifestyle — all at an approachable price point. Recent community and condo upgrades add to the appeal, making this a smart and stress-free choice for coastal living. Don’t miss this opportunity to enjoy Gulf-access living, sunset strolls, and downtown energy all in one place. Rentals permitted with restrictions. Minimum 90 day lease term required. Age-restricted (55+) community.
Property details
- Type
- Condominium
- Year built
- 1984
- Interior
- 1,187 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 41
- Total association fees
- $8,540/yr (~$712/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,513/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1027 SE 46th Lane 2A | May 2026 | $195,000 | 2/2 | 1,181 | $165 |
| 834 SE 46th Street 1C | Jun 2026 | $161,000 | 2/2 | 1,158 | $139 |
| 806 SE 46th Street 1F | Jun 2026 | $158,000 | 2/2 | 1,199 | $132 |
| 4910 Viceroy Street 7 | Jun 2026 | $175,000 | 2/2 | 1,020 | $172 |
| Average | 4 comps | $172,250 | $152 |
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 $19,500 (10.6%) from the original list price.
| Mar 19, 2026 | Sold | $165,000 |
| Feb 13, 2026 | Price reducedfrom $184,500 | $179,500 |
| Jan 16, 2026 | Listed | $184,500 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1984 — 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.
Similar homes nearby
$170,000
MLS# 2240637577105 Quail Run Court 2c, Fort Myers, FL, 33908
$189,000
MLS# 20260102064707 SE 5th Avenue 102, Cape Coral, FL, 33904
$165,000
MLS# 2026012785232 Cape Coral Parkway 201, Cape Coral, FL, 33904
$149,900
MLS# 2025003329909 SE 46th Lane 202, Cape Coral, FL, 33904
$155,700
MLS# 2025013356808 Cape Coral Parkway 204, Cape Coral, FL, 33914
$175,000
MLS# 2260134174396 Bowsprit Court 4E, Fort Myers, FL, 33919
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.