2 Bed Waterfront Home for Sale in Cape Coral
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For SaleMLS# 2026035681

$282,000

2 Bed Waterfront Home for Sale in Cape Coral

1016 SE 46th Street 101, Cape Coral, FL, 33904

2 beds2 baths1,187 sqft
GatedBoatingCommunity Pool55+Waterfront

About this home

Waterfront living, beautifully reimagined! This completely renovated first-floor Gulf-access condo pairs a fresh, modern interior with the opportunity to create your own boat slip and lift directly outside the unit. With desirable southern exposure and tranquil canal views, expansive sliders and additional windows fill the living and dining areas with natural light while overlooking the water, Founders Park, and Club Square. Inside, nearly everything is NEW! The beautifully redesigned kitchen features white Craftsman-style cabinetry, upgraded quartz countertops, recessed and under-cabinet lighting, and a bright, open design ideal for everyday living or entertaining. Upgraded LVP flooring flows throughout, while both bathrooms have been completely remodeled with new tile, vanities, lighting, and beautifully finished showers. Step outside to the canal and envision your own waterfront setup—the unit offers the opportunity to build out a boat slip directly outside and add a lift, creating convenient access to the water right from home. Hurricane protection for the lanai and windows provides added peace of mind, while in-unit laundry, assigned covered parking, additional storage, and a newer HOA roof (2023) add everyday convenience. The heated community pool is just steps away. Located just minutes from downtown Cape Coral's restaurants, entertainment, art shows, farmers markets, and events, with convenient access to Fort Myers and the Gulf beaches, this move-in-ready condo offers a fantastic combination of boating, location, and low-maintenance Florida living. 55+ community. No pets. Rentals permitted once per year with a 90-day minimum.

Property details

Type
Condominium
Year built
1984
Interior
1,187 sqft
Lot size
5,580.036 sqft
Acreage
0.13 acres
Garage
None
Days on market
0
Total association fees
$8,540/yr (~$712/mo)
CDD
None
Est. taxes (1.4%)
$3,948/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
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

IrrigationWaterMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

BoatDockBoatRampPoolStorage

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.

Above marketThis home is priced above comparable recent sales.
This home
$238/sqft
Comp median
$217/sqft
Difference
+10%

Based on the $/sqft of 7 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
4464 Coronado ParkwayFeb 2026$307,0003/21,292$238
1411 SE 43rd StreetSep 2025$260,0002/21,190$218
4201 SE CORONADO ParkwayJul 2026$290,0003/21,337$217
5111 Manor Court 2Jan 2026$245,0002/21,050$233
1715 SE 46th Lane 3Jan 2026$270,0002/21,251$216
4703 SE 17th Place 105Sep 2025$251,5002/21,302$193
Average6 comps$270,583$219

Market trends, Cape Coral

Median list
$399,900
Median $/sqft
$233
Median sold (90d)
$387,500
Avg days on market
94
Active listings
2,494
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.

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • 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
Location convenienceHigh
Hospital
4.7 mi
Cape Coral Hospital
Beach
7.9 mi
Fort Myers Beach
Airport
5.7 mi
Page Field (Fort Myers)
Shopping
5.1 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.