$212,500
SOLD SEP 30, 2025

1102 SE 39th Terrace Unit 103 Cape Coral, FL 33904

Bimini Basin Neighborhood
2 Beds
2.5 Baths
1,422 Sq Ft
$729/mo HOA Fee

Recently Sold

$149 Per Sq Ft

10% Below List Price

45 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Maid or Guest Quarters

About This Home

As of September 2025

Welcome to your slice of paradise! This beautifully-decorated waterfront townhouse features two master suites, a half bathroom downstairs and an attached garage — a rare perk in this area. The entire complex is freshly painted with a brand new metal roof and gutters installed in 2024. This unit also features electric roll-down aluminum hurricane shutters for peace of mind. Tucked away in a quiet neighborhood off Country Club Blvd., this prime location is convenient to both the Veterans Bridge and Cape Coral Bridge and, by boat, it's only a 15-minute ride to the river! Add your own boat slip and lift — with HOA approval — or just enjoy fishing off the community dock. Catch sunrise and sunset from your south-facing lanais both upstairs and downstairs. Enjoy entertaining family and friends in your open kitchen and spacious living area. This is an ideal spot for a full-time residence or a seasonal retreat!

Last Agent to Sell the Property

Annie Richards

RE/MAX Nautical Realty License #258025845 Listed on: 08/16/2025

RE/MAX Nautical Realty

Last Buyer's Agent

Michael Degrande

Premiere Plus Realty Company License #258028673

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • North Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $729 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Coach House
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,422 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Electric Shutters
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views
  • Security System Owned

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 103 / 2700
  • Assessor Parcel Number 06-45-24-C4-02700.1030

Community Details

Overview

  • Association fees include insurance, ground maintenance, pest control, trash
  • 8 Units
  • Association Phone (239) 542-7712
  • Palm Grove Subd Subdivision

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,979

Year Built

Built in 1982

Lot Details

0

HOA Fees

$729 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1944
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: PALM GROVE SUBD
  • Architectural Style: Coach/Carriage, Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1982
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Living/Dining Room, Multiple Primary Suites, Pantry, Split Bedrooms, Shower Only, Separate Shower, Tub Shower, Cable TV, Bar, Window Treatments
  • Living Area: 1422.0
  • Dining Room Type: Bathroom, Family Room, Guest Quarters, Screened Porch
  • Stories: 2
  • Window Features: Sliding, Window Coverings

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Shutters Electric
  • Patio And Porch Features: Balcony, Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Guest, One Space, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Security System Owned, Security System, Smoke Detector(s)
  • Cooling: Central Air, 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: Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Pool, Management
  • Association #2 Fee: 2187.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-542-7712
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Trash

Lot Info

  • Parcel #: 06-45-24-C4-02700.1030

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 3978.9
  • Tax Block: 2700
  • Tax Lot: 103
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Dr Michele A Kehrer Trust and Kehrer Michele A
Bought by
Dunn David and Kehrer Michele A

Purchase Details

Closed on
Apr 21, 2023
Sold by
Kehrer Michele Ann
Bought by
Dr Michele A Kehrer Trust

Purchase Details

Listed on
Jun 14, 2022
Closed on
Nov 18, 2022
Sold by
Passaglia Daniel and Passaglia Teresa
Bought by
Kehrer Michele Ann
Seller's Agent
Janie Nelson Pa
RE/MAX Trend
Buyer's Agent
Annie Richards
RE/MAX Nautical Realty
List Price
$359,900
Sold Price
$300,000
Premium/Discount to List
-$59,900
-16.64%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.19%

Purchase Details

Closed on
Oct 23, 2020
Sold by
Signature Bank
Bought by
Passaglia Daniel and Passaglia Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2016
Sold by
Silvestro Romolo Di
Bought by
Passaglia Daniel and Passaglia Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
2.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Disilvetro Ray
Bought by
Disilvetro Romolo and Declaration Of Trust Of Romolo Di Silvet
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $300,000 Fidelity National Title
Deed -- None Available
Trustee Deed $155,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $124,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Sold $212,500 -9.6% $149 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
08/16/2025 08/16/25 For Sale $235,000 -21.7% $165 / Sq Ft
11/18/2022 11/18/22 Sold $300,000 -16.6% $211 / Sq Ft View Prior Sale
11/15/2022 11/15/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $359,900 -- $253 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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 $3,979 $268,897 -- $268,897
2024 $3,979 $257,582 -- $257,582
2023 $4,940 $276,039 $0 $276,039
2022 $3,449 $174,747 $0 $0
2021 $3,134 $158,861 $0 $158,861
2020 $2,983 $145,350 $0 $145,350
2019 $2,863 $142,120 $0 $142,120
2018 $3,088 $151,003 $0 $151,003
2017 $3,294 $159,885 $0 $159,885
2016 $2,871 $148,312 $0 $148,312
2015 $2,785 $147,800 $0 $147,800
2014 $2,524 $130,860 $0 $130,860
2013 -- $97,830 $0 $97,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025006072

Florida Gulf Coast Multiple Listing Service

APN: 06-45-24-C4-02700.1030