122 SW 48th Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $3,523/month
Total Views
3,241
3
Beds
2
Baths
1,705
Sq Ft
$314
Price per Sq Ft
Highlights
- Boat Dock
- Concrete Pool
- Corner Lot
- Cape Elementary School Rated A-
- Cathedral Ceiling
- Furnished
About This Home
This stunning turnkey home offers the perfect escape in the highly desirable Southwest Cape Coral area, surrounded by million-dollar waterfront homes. Just bring your toothbrush and enjoy all this beautifully updated coastal designer-inspired home has to offer! Featuring 3 spacious bedrooms and a oversized den conveniently converted to a 4th bedroom, updated living/dining areas, a custom breakfast nook, and a fully equipped kitchen with bar, this home was designed with both comfort and style in mind. The open-concept layout seamlessly flows in and out, with glass doors leading to an under-truss lanai and a private heated pool, perfect for relaxing or entertaining. Plus, a rare private beach with sand between your toes and an outdoor shower await on your oversized corner lot. Recent upgrades provide peace of mind including a brand-new roof (2021), new A/C (2021), and pool heater (2022), as well as electric hurricane shutters for added peace of mind. Close proximity to Tarpon Pointe Marina, Rotary Park, and the finest dining downtown Cape Coral offers. Explore Cape Coral’s waterfront dining, explore the local Farmers Market every weekend, or unwind at the beautiful Yacht Club Community Park with it's beautiful beach. Whether looking for future rental income or a personal retreat, this home is one you won’t want to miss.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,131
Year Built
- Built in 2001
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 123 x 125 x 81 x 101
- North Facing Home
- Fenced
- Corner Lot
- Sprinkler System
- Property is zoned R1-D
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Shingle Roof
- Stucco
Interior Spaces
- 1,705 Sq Ft Home
- 1-Story Property
- Furnished
- Built-In Features
- Bar
- Cathedral Ceiling
- Electric Shutters
- Single Hung Windows
- Great Room
- Combination Dining and Living Room
- Den
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Shower
Utilities
- Central Heating and Cooling System
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 21 / 165
- Assessor Parcel Number 14-45-23-C2-00165.0210
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Recreation
- Boat Dock
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 | $7,131 | $397,279 | $87,256 | $270,426 |
| 2023 | $9,376 | $537,971 | $61,872 | $441,621 |
| 2022 | $7,347 | $419,712 | $54,186 | $365,526 |
| 2021 | $5,283 | $277,836 | $41,863 | $235,973 |
| 2020 | $4,896 | $237,392 | $31,500 | $205,892 |
| 2019 | $1,793 | $108,043 | $0 | $0 |
| 2018 | $1,770 | $106,028 | $0 | $0 |
| 2017 | $1,744 | $103,847 | $0 | $0 |
| 2016 | $1,678 | $226,122 | $22,000 | $204,122 |
| 2015 | $1,663 | $190,906 | $15,200 | $175,706 |
| 2014 | -- | $162,707 | $23,300 | $139,407 |
| 2013 | -- | $149,099 | $14,200 | $134,899 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Price Changed | $535,000 | -1.8% | $314 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $545,000 | -16.2% | $320 / Sq Ft |
| 06/14/2022 06/14/22 | Sold | $650,000 | -9.7% | $381 / Sq Ft |
| 06/14/2022 06/14/22 | Pending | -- | -- | -- |
| 04/01/2022 04/01/22 | For Sale | $720,000 | +34.1% | $422 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $536,900 | +0.4% | $315 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 09/24/2021 09/24/21 | For Sale | $534,900 | -- | $314 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Listed On Document | |
| Warranty Deed | $536,900 | Sunbelt Title Agency | |
| Warranty Deed | $31,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional | |
| Previous Owner | $346,900 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $124,500 | New Conventional | |
| Previous Owner | $205,000 | Negative Amortization | |
| Previous Owner | $123,700 | Fannie Mae Freddie Mac | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $145,000 | New Conventional | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $124,000 | New Conventional |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225020319
APN: 14-45-23-C2-00165.0210
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