2 Bed Waterfront Home for Sale in Pine Breeze
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For SaleMLS# 224095131

$285,000

2 Bed Waterfront Home for Sale in Pine Breeze

843 SE 46th Lane 1, Cape Coral, FL, 33904

2 beds2 baths1,218 sqft
BoatingCommunity PoolWaterfront

About this home

Price lowered. Motivated seller.THIS CONDO HAS A NEWER ROOF AND THE POOL HAS BEEN Completely REDONE, LOOKING BRAND NEW. W/HEATER Bring your boat and start livin. Price lowered, Owners are moving to new location. THEY ARE READY TO DEAL....Best Condo in town... This gorgeous condo will be the last one you need to look at before purchasing. It has it all. Including on the water location. If it's shopping, dining, entertainment, night life, lunch with friends. It's all right here within walking distance.. Yet this home is in a quiet, quaint setting, on the gulf access canal, that can take you to the Gulf of Mexico. Just jump in the boat from your back door, and head out for a day of fishing or an evening sunset ride. Or end up at one of the many fine restaurants for dinner. King beds in both bedrooms, beautiful tile bathrooms, Primary, having dual sinks, large walking closet. With sliders to open for your water view and fresh air for sleeping. 3 separate sitting areas, 1.Screened lanai, 2.private patio off guest room. 3.Back patio with beautiful pavers in a shaded area perfect for morning coffee. Beautiful Shiplap with builtin Fireplace. Pool is heated never crowded as this is a 6 plex and very quiet. NO steps in this first floor corner unit. Everything is as perfect as if this was a new build. You need to see it for yourself. All upgraded appliances. Granite countertops throughout. Crown molding throughout. The only thing missing is you. Sliders to patios in both bedrooms. The sunsets here are incredible. This location has it all including, Cape Coral beaches 5 minutes away. Pool is heated. New water heater. AC all good to go.

Property details

Type
Condominium
Year built
1975
Interior
1,218 sqft
Lot size
4,159.98 sqft
Acreage
0.10 acres
Garage
None
Days on market
579
Total association fees
$10,200/yr (~$850/mo)
CDD
None
Est. taxes (1.4%)
$3,990/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
North
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

AssociationManagementLegalAccountingPestControlReserveFund

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

Amenities

BoatDockPoolSeeRemarksManagement

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
$234/sqft
Comp median
$218/sqft
Difference
+7%

Based on the $/sqft of 13 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
1315 SE 45th StreetFeb 2026$299,9993/21,302$230
5111 Manor Court 2Jan 2026$245,0002/21,050$233
1411 SE 43rd StreetSep 2025$260,0002/21,190$218
247 SE 46th StreetFeb 2026$310,0003/21,393$223
4201 SE CORONADO ParkwayJul 2026$290,0003/21,337$217
Average6 comps$285,333$227

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
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 $74,900 (20.8%) from the original list price.

Jul 3, 2026Back on market
Feb 25, 2026Price reducedfrom $299,990$285,000
Nov 22, 2024Listed$359,900

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1975 — 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
  • Higher association fees (~$10,200/yr)
Location convenienceHigh
Hospital
4.7 mi
Cape Coral Hospital
Beach
7.9 mi
Fort Myers Beach
Airport
5.9 mi
Page Field (Fort Myers)
Shopping
5.3 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.