PENDING
$40K PRICE DROP
1118 SW 48th Terrace Unit 103 Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $2,215/month
Total Views
3,833
2
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Boat Dock
- Intracoastal View
- Home fronts a canal
- Cape Elementary School Rated A-
- Fishing
- Furnished
About This Home
Your private Florida retreat awaits! This stunning, TURNKEY 2/2 with 1 detached carport condo in the highly sought-after Villa De Vern community offers deep water Gulf access and is just minutes from the vibrant dining, shopping, and entertainment at Cape Harbor. The spacious, open floor plan features generously sized rooms and is flooded with natural light, creating a warm, inviting atmosphere. Step outside to your lanai and admire the boat slip just beyond, adding the perfect touch to your waterfront living experience. You’re also just steps away from community pool, offering breathtaking views. New kitchen, and bathroom vanities and flooring throughout. This is a rare opportunity to own a slice of Florida paradise— Don’t let this one slip away!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,634
Year Built
- Built in 1982
Lot Details
- Home fronts a canal
- Fenced
HOA Fees
- $669 Monthly HOA Fees
Property Views
- Intracoastal
- Canal
Interior Spaces
- 2-Story Property
- Furnished
- Ceiling Fan
- Family or Dining Combination
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Shower Only
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Detached Carport Space
- 1 Car Parking Space
Additional Features
- Canal Width 1-80 Feet
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 15-45-23-C2-00300.1030
Community Details
Overview
- Villa De Vern Condo
- Villa De Vern Condo Subdivision
Amenities
- Community Storage Space
Recreation
- Boat Dock
- Community Pool
- Fishing
Pet Policy
- Breed Restrictions
Security
- Complete Impact Glass
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,634 | $176,563 | -- | -- |
| 2023 | $906 | $49,459 | $0 | $49,459 |
| 2022 | $2,365 | $166,428 | $0 | $0 |
| 2021 | $2,424 | $161,581 | $0 | $161,581 |
| 2020 | $3,219 | $166,345 | $0 | $166,345 |
| 2019 | $3,040 | $167,153 | $0 | $167,153 |
| 2018 | $2,689 | $130,008 | $0 | $130,008 |
| 2017 | $2,657 | $129,200 | $0 | $129,200 |
| 2016 | $2,436 | $114,248 | $0 | $114,248 |
| 2015 | $1,959 | $92,000 | $0 | $92,000 |
| 2014 | $1,752 | $78,100 | $0 | $78,100 |
| 2013 | -- | $71,600 | $0 | $71,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $249,900 | 0.0% | $190 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | Price Changed | $249,900 | -10.4% | $190 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $279,000 | -3.8% | $212 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $290,000 | +41.5% | $221 / Sq Ft |
| 09/24/2020 09/24/20 | Sold | $205,000 | -6.8% | $156 / Sq Ft |
| 08/25/2020 08/25/20 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | For Sale | $219,900 | -- | $167 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $249,900 | Fidelity National Title Of Flo | |
| Warranty Deed | $205,000 | Fidelity Natl Ttl Of Fl Inc | |
| Warranty Deed | $145,000 | Title Professionals | |
| Quit Claim Deed | $25,100 | -- | |
| Joint Tenancy Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,910 | New Conventional | |
| Previous Owner | $184,500 | New Conventional | |
| Previous Owner | $73,300 | Credit Line Revolving | |
| Previous Owner | $60,000 | No Value Available |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11745240
APN: 15-45-23-C2-00300.1030
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