$180,000
$65K PRICE DROP

1521 SW 47th Terrace Unit 201 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $1,615/month

Total Views 6,302
2 Beds
2 Baths
956 Sq Ft
$188 Price per Sq Ft

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Maid or Guest Quarters

About This Home

Rare Opportunity! Gulf-Access Condo in Prestigious SW Cape Coral – Southern Palms
Don’t miss this waterfront gem in one of most sought-after locations in Southwest Cape Coral, Florida! This charming 2-bedroom, 2-bath condo offers perfect blend of comfort, convenience, & tropical lifestyle.
Enjoy Florida living at its best with direct Gulf access, community dock, & large pool complete with spacious pool deck & BBQ grill – ideal for soaking up sun. Step inside & you’ll find bright, welcoming eat-in kitchen with ample cabinetry & pass-through window to dining/living room, making entertaining effortless. Open-concept living area flows seamlessly to huge screened lanai where you can unwind with sunset view or curl up with good book. Lanai is accessible from both primary bedroom & living room, offering privacy while keeping outdoor living central to your lifestyle.Spacious master suite includes sliding doors to lanai, closet wit bult in cabinets & full bath. Second bedroom & additional full bath provide space for guests, home office, or hobby room.

Additional features include:Assigned parking, In-unit full laundry, Well-maintained tropical landscaping, Pet-friendly community (verify restrictions), Low HOA fees. What makes this property truly unbeatable is its walkable location—just quick stroll to popular restaurants, shops, & grocery stores. Everything you need is right at your fingertips while enjoying peaceful retreat of waterfront living. Whether you’re searching for seasonal escape, year-round residence, or smart investment opportunity, this Southern Palms condo delivers. With gulf access & e amenities of Southwest Florida living, it’s perfect place to call home—or your next income-generating property.

Schedule your showing today & see why condos in Southern Palms don’t stay on market for long. especially at this price!

Listing Agent

Astrid Hartleb

Affinity Realty Group LLC License #252000645 Listed on: 04/28/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1986

Lot Details

  • Home fronts navigable water
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $430 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 956 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Tinted Windows
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Storage

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 201 / 1200
  • Assessor Parcel Number 10-45-23-C4-01200.2010

Community Details

Overview

  • Association fees include insurance, ground maintenance, sewer, trash, water
  • 10 Units
  • Association Phone (321) 946-0704
  • Low-Rise Condominium
  • Southern Palms Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,802

Year Built

Built in 1986

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SOUTHERN PALMS
  • Directions: Cape Coral Parkway => N on Chiquita Pkwy => R on 47th Ter. Condo on corner. Unit is upstairs all the way on the Left.
  • Architectural Style: Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1986
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Interior Amenities: Breakfast Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments
  • Living Area: 956.0
  • Dining Room Type: Bathroom, Guest Quarters, Screened Porch, Great Room
  • Stories: 2
  • Window Features: Sliding, Tinted Windows, Window Coverings

Exterior Features

  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Landscaped, Pool
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Home Warranty, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, None, Storage
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Deeded, Driveway, Guest, Paved, One Space

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Boat Ramp, Barbecue, Picnic Area, Pool, Storage
  • Association #2 Fee: 430.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 321-946-0704
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 10-45-23-C4-01200.2010

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 2802.0
  • Tax Block: 1200
  • Tax Lot: 201
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,919 $140,021 -- $140,021
2024 $2,919 $200,118 -- $200,118
2023 $3,601 $200,107 $0 $201,144
2022 $1,407 $108,795 $0 $0
2021 $1,403 $114,014 $0 $114,014
2020 $1,405 $104,168 $0 $104,168
2019 $1,398 $104,168 $0 $104,168
2018 $768 $59,938 $0 $0
2017 $759 $58,705 $0 $0
2016 $754 $97,102 $0 $97,102
2015 $739 $68,100 $0 $68,100
2014 $693 $68,000 $0 $68,000
2013 -- $66,000 $0 $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2025 10/04/25 Off Market $180,000 -- --
10/01/2025 10/01/25 Price Changed $180,000 0.0% $188 / Sq Ft
10/01/2025 10/01/25 For Sale $180,000 -5.3% $188 / Sq Ft
09/21/2025 09/21/25 Price Changed $190,000 -5.0% $199 / Sq Ft
06/16/2025 06/16/25 Price Changed $200,000 -13.0% $209 / Sq Ft
05/31/2025 05/31/25 Price Changed $230,000 -6.1% $241 / Sq Ft
04/28/2025 04/28/25 For Sale $245,000 +116.0% $256 / Sq Ft
10/02/2018 10/02/18 Sold $113,402 -5.5% $119 / Sq Ft View Prior Sale
09/02/2018 09/02/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $120,000 -- $126 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed -- Favere Law Firm
Warranty Deed $113,500 First International Title In
Warranty Deed $56,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $109,999 New Conventional
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225035794

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C4-01200.2010