$314,900
3 Bed Waterfront Home Sold in Cape Coral
925 SW 47th Terrace 101, Cape Coral, FL, 33914
About this home
Priced to Sell – This One Won’t Last! BELOW MARKET VALUE & FURNISHED...!! Welcome to this beautiful, fully furnished waterfront 1st-floor condo offering Gulf access and effortless Florida living. Whether you're an investor, searching for a second home, or ready for your own full-time slice of paradise, this property checks every box. This roomy 3-bedroom, 2-bath condo includes a deeded boat slip with a remote-control lift. With only one bridge to the Caloosahatchee River, you’ll enjoy quick access to Southwest Florida’s gateway to the Gulf and Intracoastal waterways. Located in a highly desirable area of Cape Coral near shopping and dining, this home features: A generous primary suite (12x17) with canal views and sliding glass doors to the screened lanai Large primary bath with garden jetted tub, walk-in shower, and walk-in closet Two additional 11x11 bedrooms sharing a full bath Bamboo flooring and tile throughout Updated refrigerator, water heater, and 2019 A/C system In-unit laundry with stackable front loaders Additional highlights include two parking spaces (one covered), an outdoor storage shed, community heated pool and hot tub, tiki hut on the dock, and BBQ area. This well-managed 8-unit association has strong reserve funds, a tile roof replaced around 2023, no anticipated special assessments, and is all-ages and pet-friendly under 30lbs.
Property details
- Type
- Condominium
- Year built
- 1998
- Interior
- 1,224 sqft
- Lot size
- 1,441.836 sqft
- Acreage
- 0.03 acres
- Garage
- None
- Days on market
- 106
- Total association fees
- $6,804/yr (~$567/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,409/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- 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 4 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 |
|---|---|---|---|---|---|
| 917 SW 47th Terrace 205 | May 2026 | $284,000 | 3/2 | 1,336 | $213 |
| 912 SW 48th Terrace 110 | Apr 2026 | $320,000 | 2/2 | 1,162 | $275 |
| 4535 SW 14th Place | Apr 2026 | $348,000 | 3/2 | 1,232 | $282 |
| 4136 SW 9th Place | Apr 2026 | $274,900 | 3/2 | 1,277 | $215 |
| Average | 4 comps | $306,725 | $246 |
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 $36,500 (10.4%) from the original list price.
| Jul 10, 2026 | Sold | $313,000 |
| Apr 30, 2026 | Price reducedfrom $319,900 | $314,900 |
| Feb 26, 2026 | Listed | $349,500 |
The good, the trade-offs & the location
- Waterfront
- Built 1998 — 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
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.