3 Bed Waterfront Home for Sale in Palm Breeze
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SoldMLS# 224008436

$339,000

3 Bed Waterfront Home for Sale in Palm Breeze

841 SW 47th Terrace 202, Cape Coral, FL, 33914

3 beds2 baths1,523 sqft1 garage
GatedCommunity PoolBoatingWaterfront

About this home

GULF ACCESS with one fixed bridge to open water! BOAT LIFT and deeded BOAT SLIP INCLUDED. Hard to find large furnished 3 bedroom, 2 bath second floor condo overlooking canal with garage, deeded boat dock, boat lift, and lift canopy cover in highly desirable SW Cape Coral. Large, screened lanai which overlooks your boat and canal. From the master bedroom you overlook the swimming pool and hot tub. Private entrance, balcony, single car garage with assigned parking in lot. This condo was updated in February 2023 with new carpeting, laminate flooring, professional cabinet refinishing, stainless steel appliances, granite counter tops and paint. Ceiling fans in every room. This condo is furnished and includes beach chairs, umbrella, beach canopies, fishing equipment, towels, silverware cooking utensils etc. New a/c in 2022.

Property details

Type
Condominium
Year built
2003
Interior
1,523 sqft
Lot size
3,676.464 sqft
Acreage
0.08 acres
Garage
1 car
Days on market
802
Total association fees
$6,024/yr (~$502/mo)
CDD
None
Est. taxes (1.4%)
$4,746/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
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

AssociationManagementLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFund

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

Amenities

PoolSpaHotTubManagement

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
$223/sqft
Comp median
$205/sqft
Difference
+9%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
841 SW 47th Terrace 201Feb 2026$330,0003/21,523$217
841 SW 47th Terrace 206Dec 2025$322,5003/21,523$212
4609 SW 9th AvenueJul 2026$299,4004/21,713$175
4618 SW 6th PlaceNov 2025$335,0003/21,633$205
4413 SW 6th PlaceSep 2025$315,0003/21,675$188
Average5 comps$320,380$199

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$384,999
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
3.9% MoM4.3% YoY
$340k$365k$390kJul ’25Sep ’26
$364,995Sep ’26 · 50 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

Apr 21, 2026Sold$332,000
Jan 25, 2024Listed$339,000

The good, the trade-offs & the location

Pros
  • Built 2003 — post-2002 Florida wind codes (typically lower insurance)
  • Gulf access (Direct — no bridges)
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
5.7 mi
Cape Coral Hospital
Beach
8.2 mi
Fort Myers Beach
Airport
8.2 mi
Page Field (Fort Myers)
Shopping
6.8 mi
Coralwood / Merchants Crossing (Cape)

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.