$246,500
2 Bed Waterfront Home for Sale in Villa Grande
912 SE 46th Street 201, Cape Coral, FL, 33904
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
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 17 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 |
|---|---|---|---|---|---|
| 4543 SE 6th Place 1D | May 2026 | $210,000 | 2/2 | 1,216 | $173 |
| 4549 SE 5th Place 109 | Sep 2025 | $232,500 | 2/2 | 1,256 | $185 |
| 1414 SE 46th Street 2D | Sep 2025 | $215,000 | 2/2 | 1,160 | $185 |
| 4515 Country Club Boulevard 103 | Mar 2026 | $225,000 | 2/2 | 1,195 | $188 |
| 5111 Manor Court 2 | Jan 2026 | $245,000 | 2/2 | 1,050 | $233 |
| 4321 Country Club Boulevard 207 | Mar 2026 | $226,000 | 2/2 | 1,289 | $175 |
| Average | 6 comps | $225,583 | $190 |
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 $12,500 (4.8%) from the original list price.
| Jun 17, 2026 | Price reducedfrom $254,000 | $246,500 |
| Apr 11, 2026 | Listed | $259,000 |
The good, the trade-offs & the location
- Waterfront
- 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
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.