$299,999
3 Bed Waterfront Home for Sale in Palm Breeze
917 SW 47th Terrace 205, Cape Coral, FL, 33914
About this home
Gulf Access Condo that is currently PRICED TO SELL. This second-floor unit features 3 bedrooms, 2 bathrooms, and a one-car attached garage with a deeded dock space. Notably, the property has no history of flooding. The unit is equipped with several premium amenities, including hurricane impact windows and an electric storm shutter and shade on the lanai, making it storm-ready in minutes. It also features a Wyze camera, security, and home control system. This is considered the best unit location in the complex, offering extra parking in front of the garage, high ceilings, pool and canal views with an excellent cross breeze, and is pet-friendly. RECENT UPDATES to the unit: Energy-efficient AC and Heat, stainless steel kitchen appliances, washer and dryer, garbage disposal, recessed Hi-Hat lighting, and carpet. The Association has also completed RECENT UPGRADES, including a 50-year metal roof, fresh exterior paint, and updated landscaping. The pool has been resurfaced with new equipment and seating. The Association maintains excellent, well-funded reserves with a fee reduction set for 2026 and further reductions planned. ADDITIONAL ITEMS included with sale: Custom kayak ladder and Dockmate mooring arms for small watercraft, two wall-mount TVs, and his-and-hers 5-speed cruiser bikes. The seller will also provide an epoxy floor coating for the garage floor. Notably, The Condo is in excellent condition,move in ready, storm ready with all appliances and mechanicals updated.
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 1,336 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 109
- Total association fees
- $7,200/yr (~$600/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,200/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
- 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 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 925 SW 47th Terrace 101 | Jul 2026 | $313,000 | 3/2 | 1,224 | $256 |
| 841 SW 47th Terrace 201 | Feb 2026 | $330,000 | 3/2 | 1,523 | $217 |
| 841 SW 47th Terrace 202 | Apr 2026 | $332,000 | 3/2 | 1,523 | $218 |
| 841 SW 47th Terrace 206 | Dec 2025 | $322,500 | 3/2 | 1,523 | $212 |
| 4538 SW 6th Place | Jan 2026 | $271,000 | 3/2 | 1,532 | $177 |
| Average | 5 comps | $313,700 | $216 |
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 $53,500 (15.9%) from the original list price.
| May 14, 2026 | Sold | $284,000 |
| Apr 7, 2026 | Price reducedfrom $325,000 | $299,999 |
| Apr 7, 2026 | Back on market | |
| Dec 27, 2025 | Listed | $337,500 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- Storm protection: Impact Windows/Doors
- In a higher-risk flood zone (AE) — flood insurance likely required
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.
Similar homes nearby
$337,500
MLS# 22601819416269 Coco Hammock Way 101, Fort Myers, FL, 33908
$349,900
MLS# 20260350571133 SW 13th Street, Cape Coral, FL, 33991
$294,900
MLS# 22502006711611 Navarro Way 2006, Fort Myers, FL, 33908
$279,000
MLS# 20260277014574 Trawler Court 202, Fort Myers, FL, 33919
$249,900
MLS# 20260370451006 SE 46th Street 1B, Cape Coral, FL, 33904
$254,000
MLS# 20260180101205 SE 46th Lane 201, Cape Coral, FL, 33904
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.