$229,000
$7K PRICE DROP RENTED SEP 6, 2025

1203 SW 48th Terrace Unit 201 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $1,882/month

Total Views 14,877
2 Beds
2 Baths
1,308 Sq Ft
$175 Price per Sq Ft

Highlights

  • Concrete Pool
  • Pool View
  • Great Room
  • Cape Elementary School Rated A-
  • Furnished
  • Screened Porch

About This Home

Here you go.. new paint inside and out.. new roof, soffits and gutters. All walkways and railings were replaced after our storms. The complex looks like new and the carports are done beautiful community. This end unit spacious condo is all yours and ready to move in. Being sold turnkey with a few non-conveying items (see attached list to MLS). Washer and dryer are in the unit with a large office could be used for a 3rd bedroom. New hurricane windows throughout, new screens front and back with an additional sunscreen for the afternoon time on the lanai. New water heater, The lanai overlooks the community pool (still replacing the pool house). Looking for reasonable HOA fees well here you go $400 a month, the are not going up this year. No assessments owing. Call for your private showing.

Listing Agent

Cynthia 'Cindy' Brown

Gulf Coast Living Real Estate, Inc License #260031393 Listed on: 01/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1985

Lot Details

  • South Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Attached Carport Space

Home Design

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

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room
  • Open Floorplan
  • Home Office
  • Screened Porch
  • Pool Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 201 / 180A
  • Assessor Parcel Number 15-45-23-C1-0180A.2010

Community Details

Overview

  • Association fees include management, insurance, irrigation water, pest control, reserve fund, road maintenance, trash
  • 16 Units
  • Low-Rise Condominium
  • Coral Keyes Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,270

Year Built

Built in 1985

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1349
  • Ownership: Condo
  • Subdivision Name: CORAL KEYES CONDO
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Pets No Pets Comments: PetsLimitOther:1,PetLimitBreed:cat or dog
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Family/Dining Room, Living/Dining Room, Pantry, Shower Only, Separate Shower, Home Office
  • Living Area: 1308.0
  • Dining Room Type: Den, Office, Screened Porch, Great Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Community
  • Pool Private: Yes
  • View: Pool
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Balcony, Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Green Building Features: On Site Management
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: 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: Pool
  • Phone: 0000000000
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 400.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Pest Control, Reserve Fund, Road Maintenance, Trash

Lot Info

  • Parcel #: 15-45-23-C1-0180A.2010

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 3270.29
  • Tax Block: 180A
  • Tax Lot: 201
  • Tax Year: 2023

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 $3,652 $191,062 -- --
2023 $3,270 $173,693 $0 $0
2022 $2,839 $157,903 $0 $157,903
2021 $1,146 $125,913 $0 $125,913
2020 $1,137 $88,386 $0 $0
2019 $1,097 $86,399 $0 $0
2018 $1,061 $84,788 $0 $84,788
2017 $1,802 $83,980 $0 $83,980
2016 $1,663 $75,452 $0 $75,452
2015 $1,335 $57,900 $0 $57,900
2014 -- $64,700 $0 $64,700
2013 -- $60,500 $0 $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Rented -- -- --
08/08/2025 08/08/25 For Rent $1,300 0.0% --
07/25/2025 07/25/25 Price Changed $229,000 -2.1% $175 / Sq Ft
07/07/2025 07/07/25 Price Changed $234,000 -0.6% $179 / Sq Ft
01/10/2025 01/10/25 For Sale $235,500 +47.3% $180 / Sq Ft
04/16/2021 04/16/21 Sold $159,900 0.0% $122 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $159,900 +45.4% $122 / Sq Ft
02/15/2017 02/15/17 Sold $110,000 -4.3% $84 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $115,000 +33.9% $88 / Sq Ft
02/12/2015 02/12/15 Sold $85,900 -14.0% $61 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
07/13/2014 07/13/14 For Sale $99,900 -- $71 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,900 Title Professionals
Warranty Deed $110,000 Cape Coral Title Ins Agney I
Warranty Deed $85,900 Cape Coral Title Insurance A
Trustee Deed -- None Available
Warranty Deed $85,000 --
Warranty Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,900 New Conventional
Previous Owner $60,130 New Conventional
Previous Owner $72,250 No Value Available
Previous Owner $55,750 New Conventional
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225001921

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C1-0180A.2010