$152,500
2 Bed 2.5 Bath Townhouse for Sale in DAVES COURT, FL
1005 SW 48th Terrace 8, Cape Coral, FL, 33914
About this home
UNBEATABLE DEAL – NOW PRICED FOR QUICK SALE! Seller may consider concessions to buyer! Affordable and move-in ready townhouse in the heart of Cape Coral. This 2 bed, 2.5 bath unit features a bright, open floor plan ideal for comfortable living and entertaining. Enjoy peace of mind with low HOA fees that include insurance and water.Located in a desirable community with a year-round heated pool, this home offers convenience and lifestyle. Just minutes from Cape Harbour, the Yacht Club, dining, shopping, and major roadways. Close proximity to Cape Coral Beach and nearby beaches makes weekend getaways a breeze. Perfect for full-time residents or seasonal living; don’t miss this opportunity!
Property details
- Type
- Townhouse
- Year built
- 1988
- Interior
- 1,153 sqft
- Lot size
- 3,611.124 sqft
- Acreage
- 0.08 acres
- Garage
- None
- Days on market
- 253
- Total association fees
- $6,000/yr (~$500/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,135/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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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 |
|---|---|---|---|---|---|
| 1010 SW 48th Terrace 102 | Jan 2026 | $175,000 | 2/2 | 1,166 | $150 |
| 4708 SW 8th Place 103 | Apr 2026 | $175,000 | 2/2 | 1,046 | $167 |
| 4708 SW 8th Place 106 | Dec 2025 | $165,000 | 2/2 | 1,046 | $158 |
| Average | 3 comps | $171,667 | $158 |
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 $36,000 (20.1%) from the original list price.
| Oct 9, 2025 | Sold | $143,000 |
| Aug 14, 2025 | Price reducedfrom $164,000 | $152,500 |
| Dec 27, 2024 | Listed | $179,000 |
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.