2 Bed Waterfront Home for Sale in Villa Grande
1 / 41
▶ View Virtual Tour
For SaleMLS# 2026016587

$246,500

2 Bed Waterfront Home for Sale in Villa Grande

912 SE 46th Street 201, Cape Coral, FL, 33904

2 beds2 baths1,250 sqft
GatedCommunity PoolBoatingWaterfront

Upcoming open houses

  • Wed, Sep 210:00 AM, 1:00 PM
  • Wed, Sep 1610:00 AM, 1:00 PM

About this home

Sun-drenched, waterfront-inspired living meets the vibrant energy of Downtown Cape Coral in this exceptional corner end-unit—an offering that effortlessly blends coastal elegance, investment potential, and an unbeatable location. Perfectly positioned within an intimate, beautifully maintained community of just six residences, this turnkey furnished 2-bedroom, 2-bath condo delivers both privacy and convenience, making it an ideal full-time residence, seasonal retreat, or high-performing rental opportunity. Bathed in natural light from its coveted southern exposure, this bright and airy home showcases a seamless indoor-outdoor lifestyle, highlighted by a spacious screened-in lanai where you can unwind, entertain, and take in breathtaking sunset skies. Every detail invites relaxation, creating a peaceful sanctuary just moments from the excitement of downtown living. Designed with boating enthusiasts in mind, this property offers a rare opportunity to reserve a private boat dock and lift, with renderings available—placing you just a short 10-minute ride from the Caloosahatchee River and open Gulf waters beyond. Whether it’s spontaneous sunset cruises or weekend adventures on the water, this is true Southwest Florida living at its finest. Located just a quick walk or bike ride to Cape Coral’s iconic 47th Terrace, you’ll find yourself immersed in a dynamic waterfront lifestyle filled with top-rated dining, boutique shopping, live entertainment, and year-round events. Yet, within your own residence, you’ll enjoy a quiet, serene atmosphere that feels worlds away. This pet-friendly community—with no age restrictions—offers exceptional flexibility, including seasonal rental options (up to twice per year) or annual leasing. With a strong rental history, this property stands out as a smart and versatile investment. Opportunities like this are rare—where location, lifestyle, and long-term value converge into one unforgettable property. Whether you’re drawn by the boating access, the walkable downtown lifestyle, or the effortless turnkey convenience, this residence is a must-see for those seeking their own slice of paradise in Cape Coral.

Property details

Type
Condominium
Year built
1978
Interior
1,250 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
135
Total association fees
$8,400/yr (~$700/mo)
CDD
None
Est. taxes (1.4%)
$3,451/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

AssociationManagementIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

PoolManagement

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
$197/sqft
Comp median
$185/sqft
Difference
+6%

Based on the $/sqft of 17 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4543 SE 6th Place 1DMay 2026$210,0002/21,216$173
4549 SE 5th Place 109Sep 2025$232,5002/21,256$185
1414 SE 46th Street 2DSep 2025$215,0002/21,160$185
4515 Country Club Boulevard 103Mar 2026$225,0002/21,195$188
5111 Manor Court 2Jan 2026$245,0002/21,050$233
4321 Country Club Boulevard 207Mar 2026$226,0002/21,289$175
Average6 comps$225,583$190

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
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 $12,500 (4.8%) from the original list price.

Jun 17, 2026Price reducedfrom $254,000$246,500
Apr 11, 2026Listed$259,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1978 — 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
4.7 mi
Cape Coral Hospital
Beach
7.9 mi
Fort Myers Beach
Airport
5.8 mi
Page Field (Fort Myers)
Shopping
5.2 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.