NOT LISTED FOR SALE

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

Pelican Neighborhood

Estimated Value: $293,000 - $320,000

2 Beds
2 Baths
1,162 Sq Ft
$410/mo HOA Fee

Last Sold February 17, 2023

Last sale price $395,000 $340 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,498/month

31 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a seawall
  • Canal Access
  • Cape Elementary School Rated A-
  • Community Cabanas
  • Canal View

About This Home

As of February 2023

Direct Gulf Access 2nd floor corner unit-South exposure & intersecting canals- enjoy waterfront views & sunshine all year long. This is the perfect place for you to call home. Start enjoying the Florida lifestyle; a dream kitchen remodeled to perfection with German Eggersman cabinetry, stainless steel appliances including a Thermador commercial refrigerator, wall oven-warming drawer, new built in Miele expresso/coffee machine, subzero wine cooler, reverse osmosis system for water, stunning glass backsplash & quartz counter tops. The bar seats 8 comfortably to enjoy entertaining. The great room is comfortable with glass sliders & windows to enjoy the waterfront views, spacious enough for your big screen TV. Both baths were upgraded granite counters & glass enclosed showers. The 2nd bedroom/bath is an Ensuite for privacy & convenience. The Southern exposure patio also has hurricane shutters for privacy & safety. Amenities include dock space, heated pool/spa, covered parking (hurricane rated) & storage rooms. The complex had a new roof in 2018 and pool was resurfaced in 2019 with a new composite dock too. Small Pets ok, AC in 21-Shutters being replaced with electric & remote control.

Last Agent to Sell the Property

Gloria Tate

Raso Realty Inc License #252000690 Listed on: 01/16/2023

Last Buyer's Agent

Gabriel Lopez

EXP Realty LLC License #258033779

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1987

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • Open Floorplan
  • Canal Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 201 / 900
  • Assessor Parcel Number 15-45-23-C2-00900.2010

Community Details

Overview

  • Association fees include insurance, ground maintenance, sewer, trash, water
  • 10 Units
  • Association Phone (239) 542-4404
  • Dockside Condo Of Cape Coral Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,402

Year Built

Built in 1987

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1559
  • Ownership: Condo
  • Subdivision Name: DOCKSIDE CONDO OF CAPE CORAL
  • Directions: Cape Coral Pkwy to West one block over to SW 48th Ter
  • Architectural Style: Other, Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Wine Cooler, Warming Drawer, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Dual Sinks, Family/Dining Room, High Ceilings, Kitchen Island, Living/Dining Room, Pantry, See Remarks, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1162.0
  • Stories: 2
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Patio, Shutters Electric
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel, Non-Gated
  • Amenities: Boat Dock, Boat Ramp, Cabana, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Storage
  • Association #2 Fee: 410.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 15-45-23-C2-00900.2010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 2402.45
  • Tax Block: 900
  • Tax Lot: 201
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 17, 2023
Sold by
Fay Richard and Fay Judy Lee
Bought by
Gambardella Laura and Gainbardclla Steve
Seller's Agent
Gloria Tate
Raso Realty Inc
Buyer's Agent
Gabriel Lopez
EXP Realty LLC
List Price
$395,000
Sold Price
$395,000
Views
22
Current Estimated Value
$311,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,788
Avg. Annual Appreciation
-9.06%

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 22, 2021
Sold by
Brazell Colleen Elizabeth and Brazell Colleen E
Bought by
Fay Richard and Fay Lee
Seller's Agent
Terry Carlson Pa
Premiere Plus Realty Company
Buyer's Agent
Gloria Tate
List Price
$250,000
Sold Price
$281,500
Premium/Discount to List
$31,500
12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Brazell Robert B
Bought by
Brazell Colleen Elizabeth

Purchase Details

Closed on
Jun 4, 2004
Sold by
Sissener Kolbjorn and Sissener Ragnhild Elisabeth
Bought by
Brazell Robert B and Brazell Colleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.09%
Mortgage Type
Unknown
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
Gambardella Laura $395,000 Sandcastle Title Services
Fay Richard $281,500 Title Professionals Of Fl
Brazell Colleen Elizabeth -- None Available
Brazell Robert B $198,000 Cape Coral Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brazell Robert B $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $395,000 0.0% $340 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $395,000 +40.3% $340 / Sq Ft
04/22/2021 04/22/21 Sold $281,500 +12.6% $242 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $250,000 -- $215 / 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 $4,704 $256,816 -- $256,816
2023 $4,704 $251,119 $0 $0
2022 $3,986 $228,290 $0 $228,290
2021 $2,402 $179,037 $0 $179,037
2020 $3,255 $163,115 $0 $163,115
2019 $1,677 $117,312 $0 $0
2018 $1,664 $115,125 $0 $0
2017 $1,627 $112,757 $0 $0
2016 $1,598 $151,951 $0 $151,951
2015 $1,598 $126,000 $0 $126,000
2014 $1,552 $108,800 $0 $108,800
2013 -- $106,900 $0 $106,900
Source: Public Records

Agents Affiliated with this Home

  • Gloria Tate

    Seller's Agent in 2023

    Gloria Tate

    Raso Realty Inc

    (239) 851-6324

    43 in this area

    167 Total Sales

    Gloria Tate
    Section Image

  • G

    Buyer's Agent in 2023

    Gabriel Lopez

    EXP Realty LLC

  • Terry Carlson Pa

    Seller's Agent in 2021

    Terry Carlson Pa

    Premiere Plus Realty Company

    (239) 770-6955

    21 in this area

    117 Total Sales

    Terry Carlson Pa
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Laurie Carlson

    Premiere Plus Realty Company

    (239) 910-5543

    21 in this area

    132 Total Sales

    Laurie Carlson
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223003811

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-00900.2010

Florida Lee County Cape Coral 33914 Pelican

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

This home is located at 902 SW 48th Terrace Unit 201, Cape Coral, FL 33914 since 16 January 2023 and is currently estimated at $311,212, approximately $267 per square foot. This property was built in 1987. 902 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.

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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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