$199,900
$25K PRICE DROP

1010 SW 48th Terrace Unit 102 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $2,053/month

Total Views 5,914
2 Beds
2 Baths
1,166 Sq Ft
$171 Price per Sq Ft

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Furnished

About This Home

This stunning 2-bedroom, 2-bath waterfront condo offers the perfect blend of luxury, comfort, and convenience, ideal for those seeking a relaxed coastal lifestyle. Located on intersecting canals with direct Gulf access, this turnkey property is a boater’s dream, providing sailboat access and quick, unobstructed passage to open water. Whether you're cruising at sunset or heading out for a day on the Gulf, the location makes maritime adventures effortlessly accessible. The condo is designed for low-maintenance living, making it an excellent choice for seasonal residents or year-round enjoyment. Inside, the home is move-in ready, featuring a spacious, light-filled interior and a thoughtfully designed floor plan perfect for entertaining or relaxing. Recent upgrades include a newer roof and HVAC unit, ensuring modern comfort and peace of mind. The two generous bedrooms and two full baths offer ample space for guests, while the open living and dining areas enhance the flow of the home. The waterfront views create a serene backdrop to everyday living, enhancing the sense of tranquility. Outside, the condo’s prime location offers more than just water access—it places you minutes from top-rated restaurants, shopping, and entertainment. With fishing and access to a dock just steps from your front door, this condo is a true paradise for water lovers and outdoor enthusiasts alike.

Listing Agent

Lea Canterbury

Re/Max Sunshine License #258025880 Listed on: 05/25/2025

Re/Max Sunshine

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,146

Year Built

  • Built in 1985

Lot Details

  • Home fronts a seawall
  • Home fronts a canal
  • North Facing Home

HOA Fees

  • $660 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,166 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Open Floorplan
  • Screened Porch
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 102 / 60A
  • Assessor Parcel Number 15-45-23-C2-0060A.1020

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, reserve fund, sewer, street lights, trash, water
  • 12 Units
  • Cape Coral Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,146

Year Built

Built in 1985

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0852
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Accessibility Features: Wheelchair Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Main Level Primary, Separate Shower, Cable TV, Walk-In Closet(s), Window Treatments, High Speed Internet, Split Bedrooms
  • Living Area: 1166.0
  • Dining Room Type: Screened Porch
  • Stories: 2
  • Window Features: Other, Shutters, Window Coverings

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • Waterfront Features: Canal Access, Intersecting Canal, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Outdoor Grill, Patio
  • Patio And Porch Features: Lanai, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, One Space, Detached Carport

Utilities

  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Street Lights
  • Senior Community: No
  • Amenities: Boat Dock, Pool, Storage, Management
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 660.0

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Reserve Fund, Sewer, Street Lights, Trash, Water

Lot Info

  • Parcel #: 15-45-23-C2-0060A.1020

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 4145.76
  • Tax Block: 60A
  • Tax Lot: 102
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,146 $193,477 -- $187,417
2024 $4,146 $233,079 -- $227,079
2023 $4,008 $215,125 $0 $0
2022 $3,658 $195,568 $0 $0
2021 $3,457 $184,209 $4,326 $179,883
2020 $3,416 $189,763 $0 $189,763
2019 $3,241 $190,570 $0 $190,570
2018 $2,879 $151,810 $0 $151,810
2017 $2,775 $153,425 $0 $153,425
2016 $2,561 $137,634 $4,326 $133,308
2015 $2,458 $133,400 $4,326 $129,074
2014 $2,160 $108,700 $4,326 $104,374
2013 -- $91,800 $4,326 $87,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Pending -- -- --
11/21/2025 11/21/25 For Sale $199,900 0.0% $171 / Sq Ft
09/22/2025 09/22/25 Price Changed $199,900 -11.2% $171 / Sq Ft
05/25/2025 05/25/25 For Sale $225,000 0.0% $193 / Sq Ft
03/06/2017 03/06/17 Rented -- -- --
02/04/2017 02/04/17 Under Contract -- -- --
01/17/2017 01/17/17 For Rent $2,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $81,500 --
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225050394

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-0060A.1020