$248,500
$51K PRICE DROP

1118 SW 48th Terrace Unit 104 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $2,351/month

Total Views 3,166
2 Beds
2 Baths
1,200 Sq Ft
$207 Price per Sq Ft

Highlights

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

About This Home

LOOK NO FURTHER! This beautiful, low priced GULF ACCESS (No Bridges) condo has everything you could want plus a few extras! Only seasonally used by the owners, this unit is in impeccable shape. Includes QUALITY FURNISHINGS! *FIRST FLOOR convenience, walk right out to the pool (SOUTHERN EXPOSURE keeps sun on the pool deck and warmth all year long), and a view down INTERSECTING CANALS, it's almost to good to be true! *LARGE screened lanai (most condos have a lanai only half this size) with removeable LEXAN tinted sliding doors *Tastefully remodeled unit including: BRAND NEW KITCHEN (Shaker style Cabinets w/ soft close hinges, granite counter tops, and all NEW appliances. BRAND NEW MASTER BATHROOM (Tiled walls w/ waterfall affect, glass shower enclosure, large closet, vanity and sink. *NEW Air Conditioning *IMPACT RESISTANT WINDOWS *Spacious laundry/utility room in the unit with stackable washer/dryer and counter for folding clothes *Tons of natural light throughout the unit *Plenty of dock space available to tie up your boat (unrestricted access out to the river). *ADDITIONAL EXTERIOR STORAGE CLOSET included with the condo. Also, a CARPORT to keep your vehicle protected from the elements. Your PET is welcome here (with some exclusions). This condo would also make a WONDERFUL RENTAL generating a nice stream of income. It is a must see and you WON'T BE DISAPPOINTED!

Listing Agent

Brian Fox

Sellstate Priority Realty License #252010268

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1982

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Fenced

HOA Fees

  • $669 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Open Floorplan
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 104 / 300
  • Assessor Parcel Number 15-45-23-C2-00300.1040

Community Details

Overview

  • Association fees include insurance, irrigation water, ground maintenance, sewer, trash, water
  • 16 Units
  • Association Phone (239) 542-4404
  • Villa De Vern Condo Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,490

Year Built

Built in 1982

Lot Details

0

HOA Fees

$669 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.252
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: VILLA DE VERN CONDO
  • Directions: Just off Cape Coral Pkwy past Skyline Blvd.
  • 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: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Pets No Pets Comments: Pets Limit Max Weight:35,,,Pets Limit Max Number:1
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Window Treatments, Split Bedrooms
  • Living Area: 1200.0
  • Dining Room Type: Bathroom, Other, Screened Porch
  • Stories: 2
  • Window Features: Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Other
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Landscaped, Pool, Water
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Fence, Storage, Shutters Manual
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boat Dock, Boat Ramp, Pier, Pool, Storage
  • Phone: 2395424404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 669.0

Fee Information

  • Association Fee Includes: Insurance, Irrigation Water, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 15-45-23-C2-00300.1040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 3490.28
  • Tax Block: 300
  • Tax Lot: 104
  • Tax Year: 2024

Map

Range of Values:

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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
2024 $1,298 $202,075 -- $202,075
2023 $1,298 $49,459 $0 $49,459
2022 $3,204 $171,629 $0 $0
2021 $3,031 $156,026 $0 $156,026
2020 $3,223 $160,693 $0 $160,693
2019 $3,223 $161,500 $0 $161,500
2018 $2,596 $125,163 $0 $125,163
2017 $2,624 $125,163 $0 $125,163
2016 $2,084 $109,770 $0 $109,770
2015 $1,849 $86,900 $0 $86,900
2014 -- $74,300 $0 $74,300
2013 -- $69,300 $0 $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $248,500 -0.6% $207 / Sq Ft
03/25/2025 03/25/25 Price Changed $249,900 -10.6% $208 / Sq Ft
02/13/2025 02/13/25 Price Changed $279,500 -6.7% $233 / Sq Ft
01/11/2025 01/11/25 For Sale $299,500 +49.8% $250 / Sq Ft
01/31/2018 01/31/18 Sold $200,000 -7.0% $167 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $215,000 -- $179 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed $200,000 --
Warranty Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225003935

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-00300.1040