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Offered at $114,900Active
beds
2
baths
3
sq ft
1,153
Built
1988

1005 SW 48th Terrace #3

Cape Coral, FL 33914

About this home

South Cape Opportunity! Ideally located just minutes from Downtown Cape Coral, Cape Harbour, the Yacht Club, and the vibrant restaurants, entertainment, waterfront dining, and amenities that make this area one of Cape Coral’s most desirable destinations. Offering 1,153 sq. ft. of living space, this 2-bedroom, 2.5-bath townhome features two generously sized ensuite bedrooms, providing privacy and flexibility for owners and guests alike. The comfortable layout includes spacious living areas and a private patio, perfect for enjoying Florida’s outdoor lifestyle or your morning coffee overlooking the pool. Situated in a small community setting, this unit enjoys views of the community pool shared by just eight residences, creating a more intimate and relaxed atmosphere than many larger developments. Whether you are looking for a seasonal retreat, year-round residence, or investment opportunity, this property checks all the right boxes for location, value, and potential. Previously tenant rented, the home would benefit from cosmetic updating and a little TLC, presenting a fantastic opportunity for a buyer to personalize the space, add value, and make it their own. With its unbeatable South Cape location, strong fundamentals, and attractive price point, opportunities like this do not come along often. Your Cape Coral hideaway awaits!

Listing last checked: Listing updated:

Listed by John Sharp · Royal Shell Real Estate, Inc. · MLS #2026023992

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Carpet, Tile
Building4 property facts
Style
Condominium
Year built
1988
Garage
0
Roof
Shingle
Land & utilities3 property facts
Lot size
0.0829 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$2,225
Assessment year
2025
HOA fee
$615 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $114,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$766 / monthAdjust
Principal & interest
$581
Property tax
$185
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,225. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $615. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $77,900 · Sold $74,500 · Mar 28, 2003

More property insights

Comparable properties 3 supplied

Sold Sep 25, 2026

$125,000

1425 SW 51st Lane #95

Sold Sep 1, 2026

$125,000

3906 SE 11th Place #606

Sold Aug 27, 2026

$115,000

13532 Siesta Pines Court #5

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About 1005 SW 48th Terrace #3

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