NOT LISTED FOR SALE

816 SW 48th Terrace Unit 201 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $240,708 - $287,000

2 Beds
2 Baths
1,186 Sq Ft
3,920 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $229,100 $193 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,714/month

106 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Cape Elementary School Rated A-
  • Concrete Pool
  • Canal View

About This Home

As of August 2021

Cape Regatta Condo !! 2 bedroom 2 bath second floor corner unit with southerly view of the direct access intersecting canals and the pool/recreation area... The best viewing location !!!! Just off Cape Coral Pkw & Skyline Blvd Cape Regatta has pool, dockage for your boating pleasure with direct access ( no Bridges) to the River and the Gulf of Mexico and the World...Clean Net carpeted master bedroom & bath have canal views, Living area has views of intersecting canals & pool area, full kitchen and the second bedroom make this a great year around home, seasonal home or perfect rental... The Heart of South Central Cape Coral with boating access to the River.. Come and look today at Cape regatta Today !!!

Last Agent to Sell the Property

Mike Shevlin

Century 21 Sunbelt Realty License #258000296 Listed on: 04/16/2021

Century 21 Sunbelt Realty

Last Buyer's Agent

Elizabeth Wilson

EXP Realty LLC License #258029765

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1984

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • North Facing Home
  • Zero Lot Line

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Single Hung Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Canal Access
  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 201 / 110C
  • Assessor Parcel Number 15-45-23-C2-0110C.2010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, water
  • 40 Units
  • Association Phone (239) 772-1010
  • Low-Rise Condominium
  • Cape Regatta Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,353

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: CAPE REGATTA CONDO
  • Directions: Cape Coral Pkw East, Right at SW 8th Place Unit straight ahead just West of the pool.
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Wet Bar, Entrance Foyer, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1186.0
  • Stories: 2
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Concrete, In Ground, Community
  • Pool Private: Yes
  • View: Canal, Landscaped, Pool
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: North
  • Exterior Features: Storage
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest, One Space, Detached Carport

Utilities

  • Security: None, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community, Near Hotel/Motel
  • Amenities: Boat Dock, Barbecue, Picnic Area, Pool
  • Phone: 239-772-1010
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Water

Lot Info

  • Parcel #: 15-45-23-C2-0110C.2010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 2353.0
  • Tax Block: 110C
  • Tax Lot: 201
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Aug 31, 2021
Sold by
Dakos Nicholas V and Dakos Dee Ann
Bought by
Barbierri Cody
Seller's Agent
Mike Shevlin
Century 21 Sunbelt Realty
Buyer's Agent
Elizabeth Wilson
EXP Realty LLC
List Price
$249,000
Sold Price
$229,100
Premium/Discount to List
-$19,900
-7.99%
Current Estimated Value
$264,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,327
Avg. Annual Appreciation
4.85%
Original Mortgage
$201,190
Outstanding Balance
$183,198
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$94,736
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
Barbierri Cody $229,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbierri Cody $201,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $229,100 -8.0% $193 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $249,000 -- $210 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,748 $240,717 -- $240,717
2023 $3,748 $248,164 $0 $248,164
2022 $3,443 $194,991 $0 $194,991
2021 $2,479 $125,767 $0 $125,767
2020 $2,353 $114,665 $0 $114,665
2019 $2,340 $114,665 $0 $114,665
2018 $2,285 $115,473 $0 $115,473
2017 $2,190 $115,473 $0 $115,473
2016 $2,051 $107,600 $0 $107,600
2015 $1,940 $100,700 $0 $100,700
2014 $1,733 $86,400 $0 $86,400
2013 -- $65,800 $0 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Mike Shevlin

    Seller's Agent in 2021

    Mike Shevlin

    Century 21 Sunbelt Realty

    (239) 851-1727

    5 in this area

    189 Total Sales

    Mike Shevlin
    Section Image

  • E

    Buyer's Agent in 2021

    Elizabeth Wilson

    EXP Realty LLC

    (239) 910-3694

    37 in this area

    81 Total Sales

    Elizabeth Wilson
    Section Image
  • Ted Stout

    Buyer Co-Listing Agent in 2021

    Ted Stout

    Realmark Realty Group II LLC

    (239) 313-8020

    206 in this area

    571 Total Sales

    Ted Stout
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221027349

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-0110C.2010

Florida Lee County Cape Coral 33914 Pelican

816 SW 48th Terrace Unit 201, Cape Coral, FL

This home is located at 816 SW 48th Terrace Unit 201, Cape Coral, FL 33914 since 16 April 2021 and is currently estimated at $264,427, approximately $222 per square foot. This property was built in 1984. 816 SW 48th Terrace Unit 201 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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