NOT LISTED FOR SALE

816 SW 48th Terrace Unit 203 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $248,899 - $290,000

2 Beds
2 Baths
1,186 Sq Ft
$355/mo HOA Fee

Last Sold November 04, 2023

Last sale price $300,000 $253 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,917/month

19 Days on Market

Highlights

  • Community Boat Slip
  • Home fronts a canal
  • Community Pool
  • Cape Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of November 2023

FURNISHED PARADISE! Direct Gulf access, with no bridges, no docking fees, boats can be up to 26' in length, pet friendly, covered parking, new roof, remodled pool, new pool heater, newer ac and water heater, numerous updates inside this spacious condo. Incredible views on this upstairs unit. Quiet, friendly, neighborhood accross the canal, featuring million dollar homes. Excellent area for biking and walking. Flowing canal, features passing boats on a daily basis. Dolphins, manatees, stingrays, numerous species of fish, and an occasional gator or shark. This unit features all new 6 panel doors, waterproof, laminate flooring, plantation blinds, lights and ceiling fans, floating vanities in both bathrooms, travertine tile in master bedroom, bath and walk-in closet, custom closet shelving, closet rods and shoe shelving, new bedroom furniture, living and dining room furniture. 65" and 55" smart tv's, lanai furniture, sectional couch w/3 power recliners and usb ports, newer stainless appliances,
washer and dryer in unit. Pool area features gas grill, new furniture, and 2 bathrooms.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #NAPLES-364512302 Listed on: 09/26/2023

Last Buyer's Agent

Ted Stout

Realmark Realty Group II LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1984

Lot Details

  • Home fronts a canal
  • Southwest Facing Home

HOA Fees

  • $355 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-45-23-C2-0110C.2030
  • Tax Block 110C

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • Cape Coral Condos
  • Cape Coral Community

Recreation

  • Community Boat Slip
  • Community Pool

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,612

Year Built

Built in 1984

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Legal Description: CAPE REGATTA CONDO PH III BLDG C OR 1714 PG 125 UNIT 203
  • 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)
  • Year Built: 1984
  • Directions: Turn left to Skyline and Cape Coral Pkwy
  • Property Information: FURNISHED PARADISE! Direct Gulf access, with no bridges, no docking fees, boats can be up to 26' in length, pet friendly, covered parking, new roof, remodled pool, new pool heater, newer ac and water heater, numerous updates inside this spacious condo. Incredible views on this upstairs unit. Quiet, friendly, neighborhood accross the canal, featuring million dollar homes. Excellent area for biking and walking. Flowing canal, features passing boats on a daily basis. Dolphins, manatees, stingrays, numerous species of fish, and an occasional gator or shark. This unit features all new 6 panel doors, waterproof, laminate flooring, plantation blinds, lights and ceiling fans, floating vanities in both bathrooms, travertine tile in master bedroom, bath and walk-in closet, custom closet shelving, closet rods and shoe shelving, new bedroom furniture, living and dining room furniture. 65" and 55" smart tv's, lanai furniture, sectional couch w/3 power recliners and usb ports, newer stainless appliances, washer and dryer in unit. Pool area features gas grill, new furniture, and 2 bathrooms.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 252.95
  • 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
  • Flooring: Laminate
  • Floor Plan: Other
  • Interior Amenities: Walk-In Closet

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: Canal Width 1-30
  • Construction: Wood Frame
  • Irrigation: Other
  • View: Canal
  • Exterior Features: Deck, Other, Patio
  • Exterior Finish: Other
  • Waterfront Type: Canal

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-573-5343
  • Management: Professional
  • Mandatory HOA: Yes
  • Sub Condo Name: CAPE CORAL
  • HOA Fees: 355
  • HOA Fee Frequency: Monthly
  • Maintenance: Other
  • Development Name: CAPE CORAL

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 20
  • Development: Cape Coral
  • Amenities: Community Boat Slip, Community Pool, Other
  • Community Type: Non-Gated
  • Units In Building: 6
  • Total Number of Units: 28

Lot Info

  • Builder Product: No
  • Lot Unit: 203
  • Section: 15
  • Total Area: 1186
  • Waterfront: Yes
  • Acres: 0.0863
  • Rear Exposure: Southwest
  • Lot Description: Other
  • Parcel Number: 15-45-23-C2-0110C.2030

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 1611.79
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 3, 2023
Sold by
Garringer Kathy J
Bought by
Berghuis Scott Louis
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Ted Stout
Realmark Realty Group II LLC
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Views
27
Current Estimated Value
$267,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,275
Avg. Annual Appreciation
-5.81%

Purchase Details

Closed on
Sep 10, 2021
Sold by
Collett Mark A
Bought by
Garringer Kathy J

Purchase Details

Listed on
Feb 6, 2019
Closed on
Jun 24, 2019
Sold by
Pensco Trust Company
Bought by
Collett Mark Anthony and Garringer Kathy Jean
Seller's Agent
Cliff Glansen
Flatfee.com
Buyer's Agent
Brandon Burns
Cornerstone Coastal Properties
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Pensco Trust Company

Purchase Details

Closed on
Aug 4, 2009
Sold by
Minardo Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2001
Sold by
Slatky Phyllis
Bought by
Slatky Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
7.08%

Purchase Details

Closed on
Jun 8, 2001
Sold by
Minardo Michael
Bought by
Slatky Phyllis

Purchase Details

Closed on
Oct 9, 1998
Sold by
Flynn James E and Flynn Kathleen P
Bought by
Minardo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
6.95%
Source: Public Records

Range of Values:

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List Price
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
Berghuis Scott Louis $300,000 Landsel Title
Garringer Kathy J -- None Listed On Document
Collett Mark Anthony $140,000 Talon Title Services Llc
Pensco Trust Company $84,000 Attorney
Federal National Mortgage Association -- None Available
Slatky Mary B $81,500 --
Slatky Phyllis $81,500 --
Minardo Michael $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slatky Mary B $81,500
Previous Owner Minardo Michael $59,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2023 11/04/23 Sold $300,000 -7.7% $253 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $324,900 +132.1% $274 / Sq Ft
06/24/2019 06/24/19 Sold $140,000 -12.5% $118 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $160,000 -- $135 / 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 $1,698 $240,717 -- $240,717
2023 $1,698 $123,351 $0 $0
2022 $1,612 $119,758 $0 $0
2021 $1,608 $125,767 $0 $125,767
2020 $1,613 $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 -- $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
  • Ted Stout

    Buyer's Agent in 2023

    Ted Stout

    Realmark Realty Group II LLC

    (239) 313-8020

    206 in this area

    571 Total Sales

    Ted Stout
    Section Image

  • C

    Seller's Agent in 2019

    Cliff Glansen

    Flatfee.com

    (877) 575-5505

    19 in this area

    2,855 Total Sales

    Cliff Glansen
    Section Image

  • B

    Buyer's Agent in 2019

    Brandon Burns

    Cornerstone Coastal Properties

    (239) 313-0002

    16 in this area

    63 Total Sales

    Brandon Burns
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 223067927

Naples Area Board of REALTORS®

APN: 15-45-23-C2-0110C.2030

Florida Lee County Cape Coral 33914 Pelican

816 SW 48th Terrace Unit 203, Cape Coral, FL

This home is located at 816 SW 48th Terrace Unit 203, Cape Coral, FL 33914 since 26 September 2023 and is currently estimated at $267,725, approximately $225 per square foot. This property was built in 1984. 816 SW 48th Terrace Unit 203 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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