Date
Details
Price
Change
Source
12/08/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/15
$850,000
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1/15
Property Description
Investment Opportunity. Location, Location, Location! ALL CAPE CORAL ASSESSMENTS PAID. GULF ACCES! Discover this exceptional Remodeled quadruplex, ideally located in the sought-after heart of Cape Coral. This Quadraplex has a Newer Roof (2021), Impact Windows and three out of the four units have been totally updated with modern fixtures, flooring, bathrooms and Kitchen. Each unit offers two Bedrooms(2) two(2) full baths, Washer/Dryer and a beautiful kitchen featuring all new Stainless Steel Appliances, Dishwasher, Fridge/Freezer, Microwave and a Cooktop stove. The fourth unit offers a blank canvas for customization, making this an even more lucrative investment opportunity. Each tenant can enjoy the serene canal views from their own screen in lanai, offering a tranquil atmosphere that enhances the living experience. This is a rare find for investors seeking the most sought after location in Cape Coral, FL plus the significant potential for generating income. Don't miss out on this gem-schedule your showing today!
Full Property Details
Full Property Details for 429 SW 47th Terrace #1-4
General
- Price: $850,000
- Taxes: (2024)
- Status: Active
- Type: Multi-Family
- Source: Bonita_Springs
- MLS ID: 2025019246
- Updated: 12/18/2025
- Added to Site: 41 day(s) ago
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Shared Amenities: Community Boat Dock, No Subdivision
Exterior
- Porch/Patio/Deck: Deck
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
Community
- Units Assoc/Comm: 4
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Gas: Natural
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Natural Gas Connected, Cable Available
Structural Information
- Description/Design: Quadruplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Impact Resistant
- Stories/Levels: 2
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 80 x 80 x 125 x 125
- Frontage: Access Road
- Frontage Feet: 80
- Irrigation System: Assessment Paid
- Lot Features: Across From Waterfront
- Zoning: R3-W
- Lot Description: Across From Waterfront
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Canal Front, Seawall
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, FHA
- Tenant Pays: Application Fee, Cable TV, Credit Application, Departure Cleaning, Electricity, Pet Deposit, Security, Sewer, Water
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 44 BLK 1705 PB 21 PG 106 LOTS 15 + 16
- Property ID: 11-45-23-C4-01705.0150
- Section: 11
- Block: 1705
- Lot Number: 15
Listed by Sellstate Advantage Realty
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Listing agent
— 429 SW 47th Terrace #1-4 —
Sellstate Advantage Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 429 SW 47th Terrace #1-4
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1.5 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 2.3 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.5 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2.3 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.4 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.5 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.1 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 429 SW 47th Terrace #1-4
Tax History
Tax History for 429 SW 47th Terrace #1-4
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,991
-33%
$454,535
-15%
2024
$10,473
28%
$533,153
35%
2023
$8,214
-24%
$393,742
-32%
2022
$10,766
35%
$576,654
50%
2021
$7,999
—
$383,615
11%
2021
$7,999
13%
$345,627
8%
2019
$7,065
3%
$318,885
10%
2018
$6,861
10%
$289,895
4%
2017
$6,255
7%
$279,390
9%
2016
$5,820
9%
$255,655
17%
2015
$5,322
-14%
$217,803
-15%
2014
$6,189
5%
$255,511
-6%
2013
$5,913
—
$273,005
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 429 SW 47th Terrace #1-4
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429 SW 47th Ter #1-4, Cape Coral, FL 33914 (MLS# 2025019246) is a Multi-Family property with 4 units containing 8 bedrooms and 8 full bathrooms. 429 SW 47th Ter #1-4 is currently listed for $850,000 and was received on December 08, 2025. Want to learn more about 429 SW 47th Ter #1-4? Do you have questions about finding other Multi-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.