$120,700
2 Bed Waterfront Home for Sale in Edgewater
1206 SE 46th Street 1F, Cape Coral, FL, 33904
About this home
Spacious first floor condo located in Edgewater, a 55+ community. This home has beautiful canal views and tons of storage. The kitchen has room for a breakfast table and it has a pantry. The living/dining room is large and has cascading sliders that lead to the screened lanai with exceptional views. The primary suite also has sliders that lead to the screened lanai. It also has a large walk in closet and a private bath. There is a huge storage room and in unit laundry hook up. The guest bedroom and bath are separate from the primary bedroom giving your guests their own privacy. There is one assigned parking space and a storage closet. The complex has their own pool that overlooks the canal. It is located close to the downtown area where you can enjoy shopping, restaurants, and entertainment. Parking space and storage closet is #1F
Property details
- Type
- Condominium
- Year built
- 1978
- Interior
- 1,211 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 127
- Total association fees
- $6,960/yr (~$580/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,690/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
- Public
- Sewer
- Public Sewer
- 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 6 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 |
|---|---|---|---|---|---|
| 1016 SE 46th Street 101 | Jan 2026 | $130,000 | 2/2 | 1,187 | $110 |
| 4539 SE 6th Place 2C | May 2026 | $115,000 | 2/2 | 1,216 | $95 |
| 4520 SE 6th Place 2A | May 2026 | $115,000 | 2/2 | 1,028 | $112 |
| 3917 Country Club Boulevard 102 | Jun 2026 | $105,000 | 2/2 | 1,026 | $102 |
| 3906 SE 11th Place 601 | Feb 2026 | $112,500 | 2/2 | 1,099 | $102 |
| 3906 SE 11th Place 606 | Aug 2026 | $125,000 | 2/2 | 1,089 | $115 |
| Average | 6 comps | $117,083 | $106 |
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 $31,000 (20.8%) from the original list price.
| Sep 26, 2025 | Sold | $118,000 |
| Aug 15, 2025 | Price reducedfrom $134,100 | $120,700 |
| Jul 31, 2025 | Back on market | |
| Apr 11, 2025 | Listed | $149,000 |
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
- 55+ age-restricted community
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.