1508 SW 48th Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $8,638/month
Highlights
- Boat Dock
- Home fronts a seawall
- Canal Access
- Cape Elementary School Rated A-
- In Ground Pool
- Canal View
About This Home
Boater’s Paradise with Sailboat Access in SW Cape Coral. This exceptional 4-bedroom + den, 4-bathroom home with a 2-car garage offers the perfect location for boating enthusiasts. Situated on a deep sailboat-access canal, the property accommodates large boats with direct Gulf access—no bridges, no locks—ideal for those who love to cruise the waters in style. Inside, the home has been beautifully updated, featuring a newly renovated kitchen with granite countertops, new stainless steel appliances, and a spacious breakfast bar perfect for casual dining or entertaining. The open floor plan flows effortlessly into the formal living and dining areas, where soaring ceilings create a bright and welcoming atmosphere. The cozy family room, complete with a fireplace, is perfect for those relaxing evenings. The first-floor master suite offers privacy and easy access to the lanai, while the updated master bath provides a spa-like retreat with dual sinks, a vanity area, a jetted tub, and a walk-in shower. Step outside to the southern-exposure lanai, where you can enjoy the sun and tranquil canal views. The pool and integrated hot tub have been newly refinished and are both solar- and electric-heated for year-round enjoyment. Additional updates include a newer tile roof (2022) and newer AC units. This home is ideally located just a 5-minute walk to shopping, dining, and all the amenities you need. With quick boat access to Tarpon Point, Rumrunners, Safe Harbour, Gas and the Gulf. You’ll be living the ultimate Florida lifestyle with everything you need right at your doorstep.
Listing Agent
Royal Shell Real Estate, Inc. License #258032308 Listed on: 03/10/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,534
Year Built
- Built in 1992
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- Home fronts a seawall
- Home fronts navigable water
- North Facing Home
- Rectangular Lot
- Sprinkler System
- Fruit Trees
- Property is zoned R1-W
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Entry on the 1st floor
- Tile Roof
- Stucco
Interior Spaces
- 2,953 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Shutters
- Single Hung Windows
- Sliding Windows
- Great Room
- Open Floorplan
- Den
- Loft
- Heated Sun or Florida Room
- Screened Porch
- Canal Views
Kitchen
- Electric Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Split Bedroom Floorplan
- Maid or Guest Quarters
- Dual Sinks
- Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Pool
- In Ground Pool
- In Ground Spa
- Above Ground Spa
- Outdoor Shower
Outdoor Features
- Canal Access
- Courtyard
- Screened Patio
Utilities
- Central Heating and Cooling System
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 36 / 4512
- Assessor Parcel Number 15-45-23-C1-04512.0360
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Recreation
- Boat Dock
Map
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 | $13,534 | $765,205 | -- | -- |
2023 | $12,289 | $695,641 | $0 | $0 |
2022 | $13,843 | $829,350 | $298,216 | $531,134 |
2021 | $10,159 | $548,438 | $229,698 | $318,740 |
2020 | $9,657 | $499,039 | $200,000 | $299,039 |
2019 | $9,707 | $503,879 | $202,600 | $301,279 |
2018 | $9,703 | $509,546 | $193,000 | $316,546 |
2017 | $8,889 | $438,493 | $206,000 | $232,493 |
2016 | $8,889 | $434,077 | $213,880 | $220,197 |
2015 | $9,147 | $436,290 | $186,316 | $249,974 |
2014 | $9,398 | $436,979 | $159,866 | $277,113 |
2013 | -- | $401,296 | $160,783 | $240,513 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/10/2025 03/10/25 | For Sale | $1,389,000 | -- | $470 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $623,000 | None Listed On Document | |
Warranty Deed | $597,000 | Guardian Title Services Corp |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $416,000 | Unknown | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $180,000 | Unknown |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225016726

APN: 15-45-23-C1-04512.0360
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