NOT LISTED FOR SALE

822 SW 48th Terrace Unit 103 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $240,000 - $270,000

2 Beds
2 Baths
1,186 Sq Ft
$475/mo HOA Fee

Last Sold June 20, 2024

Last sale price $288,000 $243 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,116/month

110 Days on Market

Highlights

  • Boat Dock
  • Home fronts a canal
  • Furnished
  • Cape Elementary School Rated A-
  • Maid or Guest Quarters
  • Screened Porch

About This Home

As of June 2024

Welcome to your waterfront oasis! This first floor, end unit condo is a true gem offering direct Gulf access with breathtaking views of the intersecting canal. Enjoy the view any time of day with the desirable and comfortable southern rear exposure. The boat dock allows up to a 26' boat and is available on a first come, first serve basis. The condo has a newer roof (2022). Inside, this turnkey unit has a beautiful coastal decor making it feel like vacation year round. The kitchen has been tastefully updated with bamboo hardwood flooring, granite countertops, stainless steel appliances (fridge and dishwasher 2021), soft shut cabinets, and a convenient lazy susan, creating a perfect blend of style and functionality. The primary bedroom is spacious and has a large walk-in closet and updated primary bathroom. Crown molding adds a touch of elegance to the living spaces, while custom room-darkening blinds in the bedrooms ensure a restful night's sleep. Custom drapes for the sliders allow for easy access to the lanai without having to open them. Enjoy Cape Regatta's prime location! While it's nestled in a peaceful and quiet surrounding, you are just minutes away from an array of restaurants, shopping, and live music hotspots, ensuring there's always something exciting to experience. The condo comes with one assigned carport spot, storage unit, and guest parking spot.

Last Agent to Sell the Property

Melissa Moore

Century 21 Selling Paradise License #258030927 Listed on: 03/01/2024

Century 21 Selling Paradise

Last Buyer's Agent

Debbie Martin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1984

Lot Details

  • Home fronts a canal
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $475 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views

Kitchen

  • Breakfast Bar
  • Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1030 / 110A
  • Assessor Parcel Number 15-45-23-C2-0110A.1030

Community Details

Overview

  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, street lights, trash
  • 26 Units
  • Association Phone (239) 772-1010
  • Low-Rise Condominium
  • Cape Regatta Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,375

Year Built

Built in 1984

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Ownership: Condo
  • Subdivision Name: CAPE REGATTA CONDO
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Wet Bar, Breakfast Bar, Dual Sinks, Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV, Bar, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1186.0
  • Dining Room Type: Bathroom, Guest Quarters, Screened Porch
  • Stories: 2
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • Waterfront Features: Intersecting Canal
  • Waterfront: Yes
  • Disclosures: Deed Restriction, RV Restriction(s)
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: North
  • Exterior Features: None, Outdoor Grill, Patio, Storage
  • Patio And Porch Features: Lanai, Patio, Porch, 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

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community, Near Hotel/Motel
  • Amenities: Boat Dock, Barbecue, Picnic Area, Pool, Storage
  • Phone: 239-772-1010
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 475.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Street Lights, Trash

Lot Info

  • Parcel #: 15-45-23-C2-0110A.1030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 26

Tax Info

  • Tax Annual Amount: 3375.19
  • Tax Block: 110A
  • Tax Lot: 1030
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jun 20, 2024
Sold by
David A Vincent Family Irrevocable Trust and Kathryn M Vincent Family Irrevocable Tru
Bought by
Carolyn J Stormer Agreement Of Trust and Stormer
Seller's Agent
Melissa Moore
Century 21 Selling Paradise
Buyer's Agent
Debbie Martin
List Price
$339,900
Sold Price
$288,000
Premium/Discount to List
-$51,900
-15.27%
Views
171
Current Estimated Value
$254,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,438
Avg. Annual Appreciation
-9.26%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Vincent David and Vincent Kathryn
Bought by
Mangino Heather K and Vincent Mark D

Purchase Details

Closed on
Jun 22, 2005
Sold by
Morin Gerard L and Hargreaves Joshua K
Bought by
Vincent David and Vincent Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Rizzo Adolph S and Rizzo Judith A
Bought by
Morin Gerard L and Hargreaves Joshua K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Hatfield Robert L
Bought by
Rizzo Adolph S and Rizzo Judith A

Purchase Details

Closed on
Apr 4, 2001
Sold by
Hill Harold B and Hill Helen B
Bought by
Hatfield Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
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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
Carolyn J Stormer Agreement Of Trust $288,000 Fidelity National Title Of Flo
Mangino Heather K -- Attorney
Vincent David $265,000 First American Title Ins Co
Morin Gerard L $225,000 Sunshine Title Of Sw Fl Inc
Rizzo Adolph S $97,000 --
Hatfield Robert L $82,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vincent David $212,000
Previous Owner Morin Gerard L $213,750
Previous Owner Hatfield Robert L $82,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Pending -- -- --
06/20/2024 06/20/24 Sold $288,000 -4.0% $243 / Sq Ft
05/07/2024 05/07/24 Price Changed $299,900 -3.3% $253 / Sq Ft
04/12/2024 04/12/24 Price Changed $310,000 -4.6% $261 / Sq Ft
03/15/2024 03/15/24 Price Changed $325,000 -4.4% $274 / Sq Ft
03/01/2024 03/01/24 For Sale $339,900 -- $287 / 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 $3,493 $165,517 -- --
2023 $3,375 $150,470 $0 $0
2022 $2,829 $136,791 $0 $0
2021 $2,452 $124,439 $0 $124,439
2020 $2,323 $113,050 $0 $113,050
2019 $2,325 $113,858 $0 $113,858
2018 $2,368 $113,858 $0 $113,858
2017 $2,177 $113,858 $0 $113,858
2016 $2,037 $105,598 $0 $105,598
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

  • M

    Seller's Agent in 2024

    Melissa Moore

    Century 21 Selling Paradise

    (239) 671-1016

    2 in this area

    25 Total Sales

    Melissa Moore
    Section Image

  • D

    Buyer's Agent in 2024

    Debbie Martin

  • Deborah Martin

    Buyer's Agent in 2024

    Deborah Martin

    Brokers Best Realty LLC

    (239) 645-1175

    1 in this area

    44 Total Sales

    Deborah Martin
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224020143

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-0110A.1030

Florida Lee County Cape Coral 33914 Pelican

822 SW 48th Terrace Unit 103, Cape Coral, FL

This home is located at 822 SW 48th Terrace Unit 103, Cape Coral, FL 33914 since 01 March 2024 and is currently estimated at $254,562, approximately $214 per square foot. This property was built in 1984. 822 SW 48th Terrace Unit 103 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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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