$139,000
2 Bed Townhouse for Sale in Daves Court
1005 SW 48th Terrace 2, Cape Coral, FL, 33914
About this home
Incredible New Price!!! Welcome to easy, low maintenance living in this 2 bedroom, 2.5 bath condo, offered fully furnished and ready to enjoy. Located in a private 8-unit community, this property offers a relaxed, uncrowded setting with a heated community pool. The open main-level floor plan provides generous living space, while the upper level features two private bedroom suites, each with its own bathroom. Ideally situated just minutes from vibrant downtown Cape Coral, Cape Harbour, the Yacht Club, and Rotary Park, with dining, entertainment, waterfront activities, and nature trails all close by.
Property details
- Type
- Townhouse
- Year built
- 1988
- Interior
- 1,153 sqft
- Lot size
- 3,484.8 sqft
- Acreage
- 0.08 acres
- Garage
- None
- Days on market
- 124
- Total association fees
- $7,380/yr (~$615/mo)
- CDD
- None
- Est. taxes (1.4%)
- $1,946/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 7 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1005 SW 48th Terrace 8 | Oct 2025 | $143,000 | 2/2 | 1,153 | $124 |
| 1428 SW 50th Street 117 | Feb 2026 | $145,000 | 2/2 | 1,019 | $142 |
| 1431 SW Courtyards Terrace 115 | Jan 2026 | $132,000 | 2/1 | 1,261 | $105 |
| 1417 SW 51st Lane 36 | Aug 2026 | $139,000 | 2/2 | 953 | $146 |
| 1433 SW 51st Lane 99 | Oct 2025 | $153,500 | 2/2 | 953 | $161 |
| 1518 SW Courtyards Lane 199 | Mar 2026 | $120,000 | 2/2 | 953 | $126 |
| Average | 6 comps | $138,750 | $134 |
Market trends, Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $11,000 (7.3%) from the original list price.
| Feb 24, 2026 | Price reducedfrom $150,000 | $139,000 |
| Dec 15, 2025 | Listed | $150,000 |
The good, the trade-offs & the location
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.