NOT LISTED FOR SALE

1105 SW 48th Terrace Unit 4-B Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $341,962 - $399,000

4 Beds
2 Baths
1,792 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $239,900 $134 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,259/month

2 Days on Market

Highlights

  • Oversized Lot
  • Tile Flooring
  • Ceiling Fan
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2018

Fully rented duplex being offered at a GREAT PRICE! Tile throughout each side, nicely remodeled kitchen and baths, roof 2013, attractive exterior, screened patios on each side. Kitchen features granite counters with integrated stainless double bowl sink! Located very close to Camelot Shopping Complex. South of Cape Coral Parkway! Location, Location, Location! Beautiful Direct Gulf Access properties are directly across the street. Hard to find a duplex near Cape Coral Parkway and Chiquita for this price! Duplex is well maintained, leases are in place and this is easy money for the investor!

Last Agent to Sell the Property

Megan Eister

Weichert Realtors Agency ONE License #478500713 Listed on: 08/18/2018

Weichert Realtors Agency ONE

Last Buyer's Agent

Glenn Seguin

Windsor Realty LLC License #258014668

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 135 x 80 x 135
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, internet, telephone, water
  • Legal Lot and Block 39 / 1698
  • Assessor Parcel Number 15-45-23-C2-01698.0390

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,355
  • Net Operating Income $16,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 80 x 135 x 80 x 135
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 15-45-23-C2-01698.0390
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet, See Remarks, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 16045.0
  • Annual Operating Expense: 4355.0

Tax Info

  • Tax Annual Amount: 2855.0
  • Tax Block: 1698
  • Tax Lot: 39
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Orwig James M
Bought by
Berger Isaac
Current Estimated Value
$360,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Outstanding Balance
$377,279
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$16,288

Purchase Details

Listed on
Aug 18, 2018
Closed on
Sep 26, 2018
Sold by
Hughes Shirley and Rollins Stephen
Bought by
Orwig James M
Seller's Agent
Megan Eister
Weichert Realtors Agency ONE
Buyer's Agent
Glenn Seguin
Windsor Realty LLC
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Jun 3, 2011
Sold by
Lean Co Inc
Bought by
Hughes Shirley and Rollins Stephen
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 Buyer Sale Price Title Company
Berger Isaac $390,000 Landsel Title
Orwig James M $239,000 Transaction Title Of Florida
Hughes Shirley $75,000 Agent Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Isaac $382,936
Closed Hughes Shirley $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $239,900 0.0% $134 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $239,900 -- $134 / 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 $4,394 $259,836 $100,130 $155,146
2024 $4,159 $174,965 -- --
2023 $4,159 $159,059 $0 $0
2022 $3,606 $144,599 $0 $0
2021 $3,208 $131,468 $40,300 $91,168
2020 $3,048 $119,504 $32,000 $87,504
2019 $3,035 $121,123 $32,000 $89,123
2018 $3,051 $121,123 $32,000 $89,123
2017 $2,855 $110,623 $38,000 $72,623
2016 $2,643 $101,741 $38,000 $63,741
2015 $2,462 $93,391 $15,200 $78,191
2014 -- $85,200 $40,400 $44,800
2013 -- $77,506 $18,600 $58,906
Source: Public Records

Agents Affiliated with this Home

  • Megan Eister

    Seller's Agent in 2018

    Megan Eister

    Weichert Realtors Agency ONE

    (239) 295-9098

    14 in this area

    78 Total Sales

    Megan Eister
    Section Image

  • G

    Buyer's Agent in 2018

    Glenn Seguin

    Windsor Realty LLC

    (239) 896-5320

    3 in this area

    11 Total Sales

    Glenn Seguin
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218054872

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-01698.0390

Florida Lee County Cape Coral 33914 Pelican

1105 SW 48th Terrace Unit 4-B, Cape Coral, FL

This home is located at 1105 SW 48th Terrace Unit 4-B, Cape Coral, FL 33914 since 18 August 2018 and is currently estimated at $360,991, approximately $201 per square foot. This property was built in 1980. 1105 SW 48th Terrace Unit 4-B is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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