$113,000
2 Bed Townhouse for Sale in Cape Coral
1123 SW 48th Terrace 102, Cape Coral, FL, 33914
About this home
A beautifully maintained townhouse located in one of Cape Coral's most desirable southwest neighborhoods. This move-in-ready residence offers the perfect combination of comfort, convenience, and low-maintenance living. The thoughtfully designed floor plan features spacious living areas, abundant natural light, and comfortable bedrooms, creating an inviting atmosphere for both everyday living and entertaining. Downstairs, an open-concept spacious living area/dining space led to a private patio where you can enjoy the view of the serene community pool. Upstairs, two generous bedrooms and a full bath provides comfort and lots of storage. Recent updates include a new roof, new A/C system, and fresh interior paint, providing peace of mind and modern appeal for years to come. Ideally situated near shopping, dining, entertainment, and Cape Coral's waterfront attractions, this property offers easy access to everything Southwest Florida has to offer. Whether you're searching for a primary residence, seasonal retreat, or investment opportunity, this well-maintained townhouse is ready for its next owner. Don't let this one pass you by, make your private showing today!
Property details
- Type
- Townhouse
- Year built
- 1981
- Interior
- 902 sqft
- Lot size
- 3,005.64 sqft
- Acreage
- 0.07 acres
- Garage
- None
- Days on market
- 74
- Total association fees
- $7,920/yr (~$660/mo)
- CDD
- Yes
- Est. taxes (1.4%)
- $1,582/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 1518 SW Courtyards Lane 199 | Mar 2026 | $120,000 | 2/2 | 953 | $126 |
| 5028 Chiquita Boulevard 102 | Jul 2026 | $120,000 | 2/1 | 839 | $143 |
| 5023 SW 16th Place 101 | Jul 2026 | $125,000 | 2/1 | 839 | $149 |
| Average | 3 comps | $121,667 | $139 |
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 $12,000 (9.6%) from the original list price.
| Aug 28, 2026 | Price reducedfrom $118,000 | $113,000 |
| Jun 15, 2026 | Listed | $125,000 |
The good, the trade-offs & the location
- Built 1981 — 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.