NOT LISTED FOR SALE

816 SW 48th Terrace Unit 101 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $262,000 - $287,000

2 Beds
2 Baths
1,186 Sq Ft
$417/mo HOA Fee

Last Sold August 01, 2023

Last sale price $325,000 $274 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,104/month

38 Days on Market

Highlights

  • Boat Dock
  • Private Pool
  • Formal Dining Room
  • Cape Elementary School Rated A-
  • Home fronts a canal
  • Walk-In Closet

About This Home

As of August 2023

Back on the market due to buyer's unexpected divorce. Boaters' paradise. This condo offers direct sailboat access no bridges and adjacent lakes that connect boats past the condo the Gulf on a daily basis. Boat dockage (free) for up to a 26ft boat (requires board approval). First floor end unit with 1186 square feet has been completely remodeled. 2br/2bath has a separate floor plan for optimal privacy. New cabinets with quartz countertops, new stainless appliances, open concept with large 6 x 8 bar that is surrounded by cabinetry for extra storage. New tile throughout with crown molding and 6in baseboards. Screened lanai accessible from the family room and master bedroom to enjoy morning coffee or evening sunsets. Both bathrooms have been remodeled. Wine bar with refrigerator. Inside washer/dryer in foyer. Two designated parking spaces with one being a covered carport with extra storage closet. Dogs 20lbs and under Okay with board approval. Condo is move in ready!

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #NAPLES-364512302 Listed on: 05/19/2023

Last Buyer's Agent

Lisa Marinello

Keller Williams Realty Fort Myers and the Islands

Keller Williams Realty Fort Myers and the Islands

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1984

Lot Details

  • Home fronts a canal
  • East Facing Home

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Storage
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Deeded Parking

Outdoor Features

  • Private Pool
  • Fixed Bridges
  • Dock made with wood

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 15-45-23-C2-0110C.1010
  • Tax Block 110C

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Cape Regatta Condo
  • Cape Regatta Condo Community

Amenities

  • Community Barbecue Grill

Recreation

  • Boat Dock
  • Boating
  • Gulf Boat Access
  • Community Pool

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,770

Year Built

Built in 1984

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Legal Description: CAPE 40CONDO PH III BLDG C OR 1714 PG 125 UNIT 101
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.561452$-81.991787$146.34$13.33$1.00$AhORU86bVkOv8mhfzsqmkw
  • Building Design: Low Rise (1-3)
  • Building Description: 1 Story/Ranch
  • Year Built: 1984
  • Directions: Cape Coral Pkw East, Right at SW 8th Place Unit straight ahead.
  • Property Information: Back on the market due to buyer's unexpected divorce. Boaters' paradise. This condo offers direct sailboat access no bridges and adjacent lakes that connect boats past the condo the Gulf on a daily basis. Boat dockage (free) for up to a 26ft boat (requires board approval). First floor end unit with 1186 square feet has been completely remodeled. 2br/2bath has a separate floor plan for optimal privacy. New cabinets with quartz countertops, new stainless appliances, open concept with large 6 x 8 bar that is surrounded by cabinetry for extra storage. New tile throughout with crown molding and 6in baseboards. Screened lanai accessible from the family room and master bedroom to enjoy morning coffee or evening sunsets. Both bathrooms have been remodeled. Wine bar with refrigerator. Inside washer/dryer in foyer. Two designated parking spaces with one being a covered carport with extra storage closet. Dogs 20lbs and under Okay with board approval. Condo is move in ready!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 274.03
  • Total Floors: 2
  • Room Count: 5
  • Additional Rooms: None
  • Estimated Living Area: 1186
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Formal
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Walk-In Closet
  • Primary Bathroom: None

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: 81-120
  • Construction: Wood Frame
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Wooden Dock
  • Irrigation: Assessment Paid
  • View: Canal
  • Exterior Features: Storage
  • Exterior Finish: Wood Siding
  • Waterfront Type: Canal

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 2

Utilities

  • Cable Available: No
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 999-999-9999
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: CAPE REGATTA CONDO
  • HOA Fees: 417
  • HOA Fee Frequency: Monthly
  • Maintenance: Insurance, Irrigation Water, Other
  • Development Name: CAPE REGATTA CONDO

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 20
  • Development: Cape Regatta Condo
  • Amenities: BBQ - Picnic, Community Boat Dock, Community Pool
  • Community Type: Boating, Condo/Hotel
  • Units In Building: 8
  • Total Number of Units: 40

Lot Info

  • Builder Product: No
  • Lot Unit: 101
  • Section: 15
  • Total Area: 1186
  • Waterfront: Yes
  • Acres: 0.0863
  • Rear Exposure: East
  • Lot Description: Regular
  • Parcel Number: 15-45-23-C2-0110C.1010

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 2770.13
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 28, 2023
Sold by
Hewes Angie T and Hewes Michael M
Bought by
Brazen Bruce H
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Lisa Marinello
Keller Williams Realty Fort Myers and the Islands
List Price
$326,900
Sold Price
$325,000
Premium/Discount to List
-$1,900
-0.58%
Views
209
Current Estimated Value
$271,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,451
Avg. Annual Appreciation
-6.03%
Original Mortgage
$292,500
Outstanding Balance
$285,976
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$1,861

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 12, 2021
Sold by
Bruce Phillip Christopher and Bruce Jeffory Wayne
Bought by
Hewes Angie T and Hewes Michael M
Seller's Agent
Andrew Brinkoetter
Keller Williams Elite Realty
Buyer's Agent
Kelsey Broussard
INNOVATE Real Estate
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%
Original Mortgage
$188,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2019
Sold by
Huber Alice J
Bought by
Huber Alice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brazen Bruce H $320,000 New Market Title
Hewes Angie T $235,000 Bonita Title Inc
Huber Alice J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brazen Bruce H $292,500
Previous Owner Hewes Angie T $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $325,000 -0.6% $274 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $326,900 0.0% $276 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $326,900 +39.1% $276 / Sq Ft
10/15/2021 10/15/21 Sold $235,000 -1.7% $198 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $239,000 -- $202 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

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 $2,967 $241,313 -- $241,313
2023 $2,967 $198,719 $0 $0
2022 $2,770 $192,931 $0 $192,931
2021 $2,453 $124,439 $0 $124,439
2020 $600 $73,669 $0 $0
2019 $586 $72,013 $0 $0
2018 $578 $70,670 $0 $0
2017 $558 $69,216 $0 $0
2016 $842 $105,598 $0 $105,598
2015 $841 $100,700 $0 $100,700
2014 -- $86,400 $0 $86,400
2013 -- $65,800 $0 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Seller's Agent in 2023

    Steven Koleno

    Beycome of Florida LLC

    (312) 300-6768

    20 in this area

    11,555 Total Sales

    Steven Koleno
    Section Image

  • L

    Buyer's Agent in 2023

    Lisa Marinello

    Keller Williams Realty Fort Myers and the Islands

    (239) 462-3812

    5 in this area

    83 Total Sales

    Lisa Marinello
    Section Image
  • Andrew Brinkoetter

    Seller's Agent in 2021

    Andrew Brinkoetter

    Keller Williams Elite Realty

    (239) 293-6524

    12 in this area

    133 Total Sales

    Andrew Brinkoetter
    Section Image

  • K

    Buyer's Agent in 2021

    Kelsey Broussard

    INNOVATE Real Estate

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223037858

Naples Area Board of REALTORS®

APN: 15-45-23-C2-0110C.1010

Florida Lee County Cape Coral 33914 Pelican

816 SW 48th Terrace Unit 101, Cape Coral, FL

This home is located at 816 SW 48th Terrace Unit 101, Cape Coral, FL 33914 since 19 May 2023 and is currently estimated at $271,549, approximately $228 per square foot. This property was built in 1984. 816 SW 48th Terrace Unit 101 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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