1521 SW 47th Terrace Unit 201 Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $1,615/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Favere Law Firm | |
| Warranty Deed | $113,500 | First International Title In | |
| Warranty Deed | $56,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $109,999 | New Conventional |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225035794
APN: 10-45-23-C4-01200.2010
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