Bank-Owned Aerial imagery (county GIS)

804 SW 47TH TER 202

Cape Coral, FL · Lee County · Condo

$189,806Asking price

Note: The opening bid is higher than the estimated market value, so there is no estimated equity in this property at the opening bid.

Deal analysis

$189,806Price

$125,809Est. market value

$-63,997 Shortfall at opening bid

51% ABOVE est. value

You pay $189,806

$-63,997 equity

Estimated market value is derived from Lee County property-appraiser data. Equity and discount are automated calculations, not an appraisal or a valuation. How these figures are calculated →

Property & estimates

Living area957 sqft

Year built1985

Property typeCondo

Price per sq ft$198

Est. rehab cost$21,000

Est. after-repair value$133,000

Est. monthly rent$900

Est. cap rate3.4%

Rehab, ARV, rent and cap rate are automated heuristics derived from county data — not inspections, appraisals, or rental appraisals. Figures shown as “Not available” are ones we do not hold reliable inputs for.

Payment estimate

Down payment: 20%

Est. monthly (P&I, 7%, 30-yr)—

Rough estimate on the price shown; taxes, insurance and HOA not included.

Location — Cape Coral, Lee County

Approximate location. Confirm the exact parcel with the county before bidding.

About this property

This condo at 804 SW 47TH TER 202 in Cape Coral, Lee County is a foreclosure auction opportunity. It offers about 957 sqft of living space. A foreclosure auction is scheduled for Jul 16, 2026 at 9:00 AM; confirm the date and any liens with the county before bidding. Figures are automated estimates from public records — verify condition, title, and status with Lee County.

Estimates are automated and for research only — not an appraisal, offer, or financial advice. Verify condition, liens, title, and auction status directly with Lee County before bidding or buying.