$225,000
2 Bed Waterfront Home for Sale in Cape Coral
1120 SE 46th Street 2B, Cape Coral, FL, 33904
About this home
TURNKEY OPPORTUNITY! EVERYTHING STAYS! Welcome to effortless Southwest Florida living in this beautifully appointed GULF ACCESS waterfront condo located in highly desirable SE Cape Coral, just seconds from the heart of Downtown Cape Coral. Enjoy being moments away from some of the area’s best dining, shopping, nightlife, and entertainment, including brick-paver bar hopping, bike nights, art walks, the popular Saturday Farmers Market, and the widely renowned Red, White & BOOM celebration held annually near the Cape Coral Bridge. Offering a rare combination of style, convenience, and value, this residence is ideal as a seasonal retreat, full-time residence, or investment opportunity with a minimum 2-month leasing policy and a relaxed, investor-friendly condo association experience. Step inside to discover a true turnkey opportunity being offered with no exclusions. Tasteful updates throughout include granite countertops, upgraded tile flooring throughout the entire unit (no carpet!), fresh drywall and paint work, and a beautifully updated primary suite featuring a remodeled shower, elevated granite vanity top, and additional cabinetry for enhanced storage. The kitchen is both functional and inviting, complete with a wine fridge and ample prep space perfect for entertaining guests. One of the standout features of this residence is the exceptional amount of storage rarely found in condo living. In addition to a private exterior storage closet, the unit features a spacious under-air storage room conveniently located between the bedrooms, providing abundant tucked-away space for seasonal items, hobbies, or everyday essentials. An in-residence laundry area adds even more convenience to daily living. Peace of mind comes easy with a NEWER WATER HEATER (2025) and a washer that is only approximately one year old. Step out onto the tiled lanai and unwind while overlooking the beautifully maintained community grounds and enjoying the laid-back waterfront lifestyle Southwest Florida is known for. This meticulously maintained community offers an impressive list of amenities and inclusions, with the association covering covered parking (one designated space plus ample guest parking) pest control, lawn maintenance, water, pool care, flood insurance, and exterior maintenance. Residents also enjoy a HEATED community pool with a resurfaced pool deck completed in 2024, along with a charming covered tiki sitting area by the water — the perfect place to relax and soak in the Florida sunshine. If you’ve been searching for a low-maintenance waterfront Cape Coral property with stylish upgrades, outstanding amenities, exceptional storage, and unbeatable proximity to Downtown Cape Coral, this is one opportunity you will not want to miss. Schedule your private showing today.
Property details
- Type
- Condominium
- Year built
- 1976
- Interior
- 1,225 sqft
- Lot size
- 8,725.068 sqft
- Acreage
- 0.20 acres
- Garage
- None
- Days on market
- 27
- Total association fees
- $8,760/yr (~$730/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,150/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
- Public Sewer
- New construction
- No
- Pets
- No
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1027 SE 46th Lane 2A | May 2026 | $195,000 | 2/2 | 1,181 | $165 |
| 920 SE 46th Street 6 | Nov 2025 | $197,000 | 2/2 | 1,101 | $179 |
| 1414 SE 46th Street 2D | Sep 2025 | $215,000 | 2/2 | 1,160 | $185 |
| 1332 SE 44th Street | Nov 2025 | $215,000 | 2/1 | 1,047 | $205 |
| 1429 SE 44th Street | Jan 2026 | $211,000 | 3/2 | 1,272 | $166 |
| Average | 5 comps | $206,600 | $180 |
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.
The good, the trade-offs & the location
- Waterfront
- Built 1976 — 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.