429 SW 47th Ter #1-4, Cape Coral, FL 33914 - Photo 1

1/1

$825,000

Sold
Closed
Multi-Family
4 Units
0.23 Acres
Updated 4 days ago

1/1

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

Sold For: $825,000
Taxes: (2024)
Status: Closed
Type: Multi-Family
Source: Bonita_Springs
MLS ID: 2025019246
Added to Site: 184 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.: No Bridge(s)/Water Direct, 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
Sold by Ace Realty & Associates, LLC

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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 429 SW 47th Terrace #1-4

Date

Details

Price

Change

Source

6/04/2026

Sold

$825,000

—

MLS

2/08/2026

Price Reduced

$825,000

-2.94%

MLS

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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3
Beds
2
Total Baths
1,637
Sq. Ft.

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Price Reduced

-$15,000 (-3.85%)

$375,000

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Active
Updated 2 days ago

2
Beds
2
Total Baths
1,632
Sq. Ft.

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429 SW 47th Ter #1-4, Cape Coral, FL 33914 (MLS# 2025019246) is a Multi-Family property that was sold at $825,000 on June 04, 2026. 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.

429 SW 47th Terrace #1-4 Cape Coral, FL 33914