2 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026002986

$146,900

2 Bed Waterfront Home for Sale in Cape Coral

4803 Sunset Court 304, Cape Coral, FL, 33904

2 beds2 baths1,192 sqft
GatedBoatingFitness CenterClubhouseCommunity PoolWaterfront

About this home

Huge Price Reduction!!! Experience waterfront living in your condo located in the Sunset Towers community of Cape Coral. Offering Direct Gulf Access with no bridges and just minutes to open water of the Caloosahathee River. Just seconds to the coming soon new seafood & cocktail restaurant and new breakfast spot right next door. This light-filled end unit features expansive hurricane impact sliding glass doors wrapping around the living space, creating a seamless indoor–outdoor flow and capturing views of the canal and the exciting Basin Project area. Enjoy breathtaking sunsets, gentle breezes right from your private balcony! Inside you’ll find a spacious layout for entertaining, a generous size owners suite designed for comfort and convenience with view of the canal. Unit has split bedrooms and a guest bathroom providing privacy for your guests. Galley kitchen has upgraded cabinets with stainless steel appliances. Sunset Towers are well kept, has a relaxed and friendly atmosphere with amenities including a heated pool offering year-round use for residents, dock space (when available), community dock to sit with friends/neighbors directly on the Basin. Roof 1 1/2 years old. A solid choice for full-time living, a winter escape, or a practical investment property located in prime proximity to downtown Cape Coral dining, shopping, and entertainment...Live where every day feels like a vacation—your Gulf-access waterfront escape awaits!!

Property details

Type
Condominium
Year built
1968
Interior
1,192 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
79
Total association fees
$9,000/yr (~$750/mo)
CDD
None
Est. taxes (1.4%)
$2,057/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

AssociationManagementLaundryLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundTrash

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

Amenities

BilliardRoomBilliardsBikeStorageClubhouseFitnessCenterLaundryBarbecuePicnicAreaPierPoolBoatSlipSidewalksTrashManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$123/sqft
Comp median
$131/sqft
Difference
-6%

Based on the $/sqft of 5 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
238 SE 46th LaneSep 2025$165,0002/21,260$131
834 SE 46th Street A1Apr 2026$150,0002/21,148$131
834 SE 46th Street 1CJun 2026$161,0002/21,158$139
403 SE 43rd Terrace 1Aug 2025$127,5002/21,094$117
4912 Vincennes Street 108Feb 2026$145,0002/21,094$133
Average5 comps$149,700$130

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$387,500
Avg days on market
94
Active listings
2,493
Median sold price · Cape Coral
$387,500last 3 months8.4% vs $357,500 prior 3 months
Median closed price by month · Cape Coral
1.5% MoM8.5% YoY
$340k$366k$391kJul ’25Aug ’26
$385,000Aug ’26 · 292 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 $36,100 (19.7%) from the original list price.

Apr 29, 2026Sold$146,900
Mar 27, 2026Price reducedfrom $149,900$146,900
Jan 23, 2026Listed$183,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
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.