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$222,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 980 Sq. Ft.
  • Updated 10 days ago
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Looking for a Gulf access condo in Southwest Cape Coral with water views, modern upgrades, and boating potential under $225K? This beautifully remodeled 2-bedroom, 2-bath second-floor end unit overlooking Lake Louise offers the perfect blend of coastal charm, comfort, and convenience in one of Cape Coral's most desirable waterfront corridors. Wake up to breathtaking sunrise views over sparkling saltwater Lake Louise, where dolphins, manatees, tarpon, and schools of jack crevalle regularly cruise by your private screened lanai. This rare end-unit residence offers extra natural light, added privacy, and peaceful panoramic water views that instantly set it apart. Inside, the open-concept floor plan has been thoughtfully updated with shaker-style cabinetry, granite countertops, stainless steel appliances, crown molding, and a stunning 6-foot kitchen island with breakfast bar seating, ideal for entertaining or casual waterfront living. Wide plank walnut laminate flooring flows throughout the main living areas, while travertine tile adds a refined touch to the bathrooms, laundry room, and lanai. The spacious primary suite features tranquil lake views, a large walk-in closet, dual sinks, and a beautifully tiled travertine shower. New impact-resistant windows on the front and side of the unit provide added storm protection, insulation, and peace of mind. This well-maintained community continues to shine with major recent improvements including a new roof (2023), new carports, resurfaced asphalt parking areas, exterior repainting, and individual storage lockers. The property has never flooded. For boating enthusiasts, enjoy Gulf access with only two bridges to open water. Dock space may be available, and boat lift installation is subject to association approval. Located in the heart of Southwest Cape Coral, you are minutes from Publix, Cape Harbour, Tarpon Point, downtown dining, entertainment, and waterfront attractions. Whether you are searching for a seasonal escape, investment opportunity, or full-time waterfront residence, this turnkey coastal retreat delivers exceptional value.

Full Property Details for 131 SW 47th Terrace #201

General

  • Price: $222,000
  • HOA FEE: $692/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,743 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 225049116
  • Updated: 5/28/2026
  • Added to Site: 381 day(s) ago

Rental Information

  • Lease/Rent Term: 90
  • Min. Lease (Days): 90

Interior

  • Interior Features: Split Bedrooms, Wired for Data, Pantry
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self-Cleaning Oven, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Dual Sinks, Shower Only

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Kitchen: Kitchen Island
  • Dining Room: Breakfast Bar, Dining - Living
  • Laundry: Inside

Additional Information

  • Shared Amenities: Pool, Condo/Hotel, Non-Gated

Exterior

  • Exterior Features: Composite Dock, Concrete Dock, Water Avail at Dock, Screened Balcony

Parking

  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Assigned, Covered, Driveway Paved, Paved, Attached Carport

Location

  • Area: CC21 - Cape Coral Unit 3, 30, 44, 6
  • County: Lee
  • Subdivision: VIKING CONDO
  • Building Name: VIKING CONDO
  • Driving Directions: From Cape Coral Parkway, turn north on Santa Barbara Blvd. Then make an immediate left turn on SW 47th Terrace. Viking Condo is the second building on the right side. Unit 201 is on the second floor, far west (left) corner.
  • Direction Faces: South

Community

  • Association: Yes
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Trash, Water
  • Units Assoc/Comm: 12
  • Pets Allowed: Yes
  • Management Type: Professional

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Assessment Paid
  • Water: Assessment Paid
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Low Rise (1-3)
  • Exterior Const.: Concrete Block, Stucco
  • Roof: Shingle
  • Common Walls: Corner, End Unit
  • Windows: Impact Resistant, Jalousie, Sliding, Impact Resistant Windows
  • Entry Floor Number: 2
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 980
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 980 Sq. Ft.
  • Year Built: 1986

Lot Features

  • Property View: Canal, Lake
  • Lot Size (Acres): 0.1579
  • Lot Size (Sq. Ft.): 6,878
  • Lot Size Source: Property Appraiser Office
  • Road Maintenance: City Maintained
  • Fence: Yes
  • Irrigation System: Assessment Paid
  • Lot Features: Regular
  • Lot Description: Regular
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: Bridge(s)/Water Indirect, Canal Front, Lake Front, Navigable Water, Seawall
  • Lake Front: Yes
  • Canal Width: Canal Width 200+

Financial Considerations

  • Condo Fee: $2,075
  • Condo Fee Freq: Quarterly
  • Application Fee: $150
  • Tax Amount: $2,743
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Condo
  • Legal Description: VIKING CONDO OR 1875 PG 0722 UNIT 201
  • Property ID: 11-45-23-C3-00800.2010
  • Section: 11
  • Block: 800
  • Lot Number: 201

Listed by Royal Shell Real Estate, Inc.

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— 131 SW 47th Terrace #201 —

  • Royal Shell Real Estate, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 131 SW 47th Terrace #201

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-51.5 mi
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-51.8 mi
Gulf Elementary School
3400 Southwest 17th Place, Cape Coral, FL 33914
K-52.9 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-82.7 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-84.7 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-123 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123.1 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-127.2 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-127.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 SW 47th Terrace #201 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Price Reduced
$222,000
-11.16%
MLS
10/13/2025
Price Reduced
$249,900
-13.8%
MLS
5/23/2025
Listed
$289,900
85.83%
MLS
3/06/2017
Sold
$156,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 SW 47th Terrace #201

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,743
-17%
$143,251
-24%
2024
$3,305
-4%
$188,280
-21%
2023
$3,438
31%
$237,251
76%
2021
$2,620
-9%
$134,510
-28%
2022
$2,891
10%
$186,416
52%
2021
$2,620
3%
$122,740
-1%
2018
$2,541
5%
$123,548
6%
2017
$2,430
-2%
$116,280
-5%
2019
$2,479
22%
$122,740
10%
2016
$2,038
14%
$111,230
28%
2015
$1,792
6%
$86,600
1%
2014
$1,692
23%
$85,900
35%
2013
$1,372
—
$63,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Royal Shell Real Estate, Inc.

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131 SW 47th Ter #201, Cape Coral, FL 33914 (MLS# 225049116) is a Single Family property with 2 bedrooms and 2 full bathrooms. 131 SW 47th Ter #201 is currently listed for $222,000 and was received on May 23, 2025. Want to learn more about 131 SW 47th Ter #201? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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