$111,500
PENDING $16K PRICE DROP

402 SE 42nd Terrace Unit 8 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated payment $1,238/month

Total Views 1,529
1 Bed
1 Bath
848 Sq Ft
$131 Price per Sq Ft

Highlights

  • Senior Community
  • Wood Flooring
  • Furnished
  • Clubhouse
  • Pool View
  • Community Pool

About This Home

Charming Turnkey 1-Bedroom Condo on the 2nd floor – Your Cape Coral Retreat Awaits!Welcome to your slice of paradise! This beautifully updated 1-bed, 1-bath offers everything you need to move right in and start living the Florida dream. Situated on a quiet dead-end street, this home provides a peaceful escape while keeping you close to the best of Cape Coral. Step inside to discover a warm and inviting space, with rich Mahogany solid wood flooring in the main living area and hardwood floors in the bedroom, creating a cozy and elegant atmosphere. The kitchen is a true standout, featuring all-wood white shaker cabinets, premium granite countertops, and newer appliances — perfect for whipping up a meal or enjoying a morning coffee. Offered turnkey, this condo is ready for you to simply unpack and unwind — just bring your toothbrush and clothes! The community adds to the charm with a large heated pool for lazy afternoons, a BBQ area for gathering with friends and neighbors, and a well-appointed clubhouse with a pool table, games, and a kitchen area for entertaining. Location is everything, and this condo delivers! You're just: 5 minutes to downtown Cape Coral’s vibrant restaurants, shopping, and nightlife; 10 minutes to the Cape Coral Yacht Club for sunset views and waterfront dining; 30 minutes to Southwest Florida International Airport (RSW) for easy travel. Whether you're looking for a seasonal getaway, a cozy retirement spot, or a fresh start, this condo offers the perfect blend of comfort and convenience. Don't miss your chance to experience the best of Cape Coral living — schedule your showing today!

Listing Agent

Shari Smith

LPT Realty, LLC License #258025047

LPT Realty, LLC

Co-Listing Agent

Alex Jusko

LPT Realty, LLC License #258025726

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 1968

HOA Fees

  • $461 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Flooring
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • North Facing Home

Listing and Financial Details

  • Legal Lot and Block 8 / 370D
  • Assessor Parcel Number 12-45-23-C1-0370D.0080

Community Details

Overview

  • Senior Community
  • Association fees include management, laundry, legal/accounting, ground maintenance
  • 68 Units
  • Association Phone (239) 542-7712
  • Low-Rise Condominium
  • Cape Coral Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,839

Year Built

Built in 1968

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1667
  • Co List Office Mls Id: FLPTRL
  • Co List Office Phone: 877-366-2213
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other, See Remarks, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1968
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Pets No Pets Comments: ,,,
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Interior Amenities: Other, See Remarks
  • Living Area: 848.0
  • Dining Room Type: None
  • Stories: 1
  • Window Features: Other
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Other
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Pool
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Outdoor Grill, Other
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, 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: Condo Hotel Community, Near Hotel/Motel
  • Senior Community: Yes
  • Amenities: Clubhouse, Laundry, Barbecue, Picnic Area, Pool
  • Phone: 239-542-7712
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium
  • HOA Fee 3: 461.0

Fee Information

  • Association Fee Includes: Association Management, Laundry, Legal/Accounting, Maintenance Grounds, Other

Lot Info

  • Parcel #: 12-45-23-C1-0370D.0080
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 68

Tax Info

  • Tax Annual Amount: 1839.36
  • Tax Block: 370D
  • Tax Lot: 8
  • 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 $1,839 $76,848 -- --
2023 $414 $2,197 $0 $2,197
2022 $1,386 $63,511 $0 $0
2021 $1,268 $62,338 $0 $62,338
2020 $1,172 $52,488 $0 $52,488
2019 $1,152 $52,488 $0 $52,488
2018 $1,070 $46,835 $0 $46,835
2017 $1,104 $49,258 $0 $49,258
2016 $1,020 $44,204 $0 $44,204
2015 $946 $39,600 $0 $39,600
2014 -- $37,900 $0 $37,900
2013 -- $30,200 $0 $30,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Pending -- -- --
04/26/2025 04/26/25 Price Changed $111,500 -5.9% $131 / Sq Ft
04/18/2025 04/18/25 Price Changed $118,500 -2.9% $140 / Sq Ft
04/11/2025 04/11/25 Price Changed $121,999 -2.4% $144 / Sq Ft
04/01/2025 04/01/25 Price Changed $124,999 -2.3% $147 / Sq Ft
03/15/2025 03/15/25 For Sale $127,999 +194.3% $151 / Sq Ft
06/20/2014 06/20/14 Sold $43,500 -5.2% $51 / Sq Ft
06/20/2014 06/20/14 For Sale $45,908 -- $54 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $43,500 Palm Title Associates Inc
Warranty Deed $71,000 --
Warranty Deed $48,900 --
Warranty Deed $36,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,000 No Value Available
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225027225

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C1-0370D.0080