PENDING
$16K PRICE DROP
402 SE 42nd Terrace Unit 8 Cape Coral, FL 33904
Bimini Basin NeighborhoodEstimated payment $1,238/month
Total Views
1,527
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!
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
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 | $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
Similar Homes in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225027225
APN: 12-45-23-C1-0370D.0080
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