$267,900
$2K PRICE DROP

1124 SW 48th Terrace Unit 208 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $2,398/month

Total Views 6,053
2 Beds
2 Baths
1,293 Sq Ft
$207 Price per Sq Ft

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Maid or Guest Quarters

About This Home

GULF ACCESS, CORNER UNIT with sweeping intersecting canal views and no flood concerns—this second-floor condo delivers the full Southwest Florida lifestyle at a fraction of the cost. Just minutes to open water with no bridges, no locks, and dock space included—select your spot on the composite dock (with water available at the dock) and register with the HOA. Properties with this kind of unrestricted Gulf access typically cost hundreds of thousands more. Tucked into a quiet and peaceful community, this condo offers the best of both worlds: serenity on the water, yet located in a prime South Cape Coral location with quick access to local shopping, dining, and entertainment. You're just minutes to Fort Myers and close to the airport—ideal for seasonal residents, snowbirds or out-of-town guests. Enjoy both sunsets and sunrises from the balcony of this true south-facing unit. This light-filled unit has been thoughtfully updated with new laminate flooring, granite kitchen countertops, newer stainless steel appliances, and a newer washer and dryer. The renovated master bath features a new vanity, mirror, lighting, and a brand-new shower. Additional upgrades include IMPACT WINDOWS, HURRICANE SHUTTERS for the sliders, new blinds, fresh paint, six-panel doors, LED lighting throughout, nightlight settings in the hallway, master bath, and closet, and a newly-installed lighted bar feature in the foyer and lots of storage. The unit is being offered fully furnished, including a brand-new adjustable king-size bed in the primary suite—making it move-in ready for a snowbird, first-time buyer, or investor seeking a quality rental property. Major updates include: ROOF (2023), AC (2018), WATER HEATER (2019). Also included: a detached carport and a private storage shed. The beautiful waterfront pool is also south-facing, giving you sun all day long. Affordable. Furnished. Peaceful. And offering the kind of Gulf access usually found only in much higher price points. This one checks every box.

Listing Agent

Cindi Infiesto

EXIT Select Realty License #708052 Listed on: 05/26/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1982

Lot Details

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

HOA Fees

  • $669 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,293 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Balcony
  • Screened Patio
  • Outdoor Storage

Schools

  • Choice Elementary And Middle School
  • Choice High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 208 / 300
  • Assessor Parcel Number 15-45-23-C2-00300.2080

Community Details

Overview

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

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Additional Features

  • Community Storage Space
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,615

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
  • Ownership: Condo
  • Subdivision Name: VILLA DE VERN CONDO
  • Directions: Cape Coral Parkway to south on SW 10th Ave to West on SW 48th Ter. Condo on left
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1982
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Interior Amenities: Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms, Shower Only, Separate Shower, Cable TV, Bar, Walk-In Closet(s)
  • Living Area: 1293.0
  • Dining Room Type: Bathroom, Guest Quarters, Great Room
  • Stories: 2
  • Window Features: Sliding, Impact Glass, Shutters

Exterior Features

  • Lot Features: Other
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Seawall
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Storage
  • Patio And Porch Features: Balcony, 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

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

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boat Dock, Pier, Pool, Storage, Management
  • Phone: (239) 542-4404
  • 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

Schools

  • Elementary School: CHOICE
  • High School: CHOICE
  • Middle Or Junior School: CHOICE

Lot Info

  • Parcel #: 15-45-23-C2-00300.2080

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 3615.08
  • Tax Block: 300
  • Tax Lot: 208
  • 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 $3,615 $239,016 -- $239,016
2023 $931 $49,459 $0 $49,459
2022 $3,346 $227,783 $0 $227,783
2021 $3,519 $183,388 $0 $183,388
2020 $3,747 $188,955 $0 $188,955
2019 $3,746 $189,763 $0 $189,763
2018 $2,753 $146,965 $0 $146,965
2017 $2,655 $148,580 $0 $148,580
2016 $2,452 $133,271 $0 $133,271
2015 $2,175 $105,900 $0 $105,900
2014 $1,954 $90,800 $0 $90,800
2013 -- $87,100 $0 $87,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2025 10/06/25 Pending -- -- --
09/08/2025 09/08/25 For Sale $267,900 0.0% $207 / Sq Ft
07/11/2025 07/11/25 Price Changed $267,900 -0.7% $207 / Sq Ft
05/26/2025 05/26/25 For Sale $269,900 +31.7% $209 / Sq Ft
12/13/2018 12/13/18 Sold $205,000 -8.9% $159 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $225,000 -- $174 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 Cape Corla Title Ins Agency
Warranty Deed $250,000 Attorney
Warranty Deed $180,000 Attorney
Warranty Deed $106,900 --
Warranty Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 Seller Take Back
Previous Owner $137,000 Unknown
Previous Owner $70,000 Credit Line Revolving
Previous Owner $58,500 Credit Line Revolving
Previous Owner $96,210 New Conventional
Previous Owner $96,210 No Value Available
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225049097

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-00300.2080