$349,000
3 Bed Waterfront Home for Sale in Palm Breeze
841 SW 47th Terrace 201, Cape Coral, FL, 33914
About this home
An Exclusive and Rare Opportunity in Southwest Cape Coral! Welcome to a truly exceptional Gulf-access residence where luxury, lifestyle, and location converge. This spacious and impeccably maintained second-floor condominium offers three bedrooms, two baths, a private one-car garage, and a deeded boat dock, all within a secluded waterfront community just minutes from Tarpon Point, Cape Harbour, and Cape Coral Parkway. Designed to impress, the home showcases beautifully appointed finishes throughout and presents like a designer model. The chef-inspired kitchen features granite countertops, stainless steel appliances, and modern conveniences including a washer and dryer, complemented by a newer A/C system. Both bathrooms are elegantly finished with granite countertops, reinforcing the home’s refined aesthetic. Enjoy seamless indoor-outdoor living with two private outdoor spaces: a screened lanai overlooking the tranquil canal—perfect for entertaining—and an additional private balcony off the third bedroom, ideal for morning coffee or peaceful sunsets. Accordion hurricane shutters on every window and sliding door provide maximum protection and peace of mind. A rare and highly sought-after highlight of this residence is the deeded covered boat slip, featuring a new canopy and a 10,000 lb remote-controlled lift, offering effortless access to the Gulf—an exceptional feature seldom available with condominium living. The community itself has been meticulously maintained, with a new roof on the building, and the pool and spa recently resurfaced. The HOA is financially stable with no outstanding or upcoming assessments, providing buyers confidence and long-term security. Residents enjoy resort-style amenities including a heated pool, spa, and tiki hut, creating the ultimate post-boating retreat. Furnishings are negotiable, and the unit is ready for immediate occupancy, making this a seamless transition into the Southwest Florida lifestyle. Opportunities like this rarely come to market—bring your most discerning buyers. From the moment you arrive, this home invites you to stay. Love at first sight. Luxury you can live in. A place you’ll proudly call home. Optional: 2006 Polar 23’ Hard Top Walk-Around Cuddy available separately.
Property details
- Type
- Condominium
- Year built
- 2003
- Interior
- 1,523 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 24
- Total association fees
- $5,624/yr (~$469/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,886/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
- 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.
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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 |
|---|---|---|---|---|---|
| 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 |
| 4609 SW 9th Avenue | Jul 2026 | $299,400 | 4/2 | 1,713 | $175 |
| 4618 SW 6th Place | Nov 2025 | $335,000 | 3/2 | 1,633 | $205 |
| 4413 SW 6th Place | Sep 2025 | $315,000 | 3/2 | 1,675 | $188 |
| Average | 5 comps | $320,780 | $200 |
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 $19,000 (5.4%) from the original list price.
| Feb 24, 2026 | Sold | $330,000 |
| Jan 8, 2026 | Listed | $349,000 |
The good, the trade-offs & the location
- Built 2003 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- 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.
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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.