$299,000
2 Bed Waterfront Home for Sale in Cape Coral
902 SW 48th Terrace 104, Cape Coral, FL, 33914
About this home
Welcome to Dockside Condos, where waterfront living meets unbeatable convenience! This FURNISHED SOUTHERN exposure FIRST-floor, two-bedroom, two-bath condo is a true gem, offering DIRECT sailboat Gulf access with NO bridges—perfect for boating enthusiasts. Located in a prime location near Cape Coral Parkway, this unit boasts breathtaking intersecting canal views right from your screened-in lanai & primary bedroom, which is protected by hurricane impact windows and electric shutters. Inside, you’ll find tile flooring throughout (except in the master bedroom), elegant plantation shutters, and crown molding for a touch of luxury. The kitchen is designed for both style and functionality, featuring updated appliances (just a few years old), granite countertops, and 2 pantries. The primary bath features a beautifully tiled shower enclosed by elegant glass doors. The spacious guest bedroom and bath provide comfort for visitors or family members. Enjoy multiple dining options with a formal dining area and a convenient sit-in bar in the kitchen, perfect for casual meals or entertaining. Recent updates include a new roof (2024) and first-come, first-serve dock availability for all owners. Enjoy resort-style amenities, including a community pool, a brand-new gazebo, and grilling area—ideal for relaxing and entertaining. Flood insurance is included in the association dues, and there are no special assessments! Washer & dryer are conveniently located inside the condo. The exterior of the building has been significantly upgraded with new lighting, fresh paint, replacement of exterior shut-off valves, installation of new dock lights, and a renovation of the storage sheds featuring durable Hardie board siding. Don’t miss this opportunity to own a piece of waterfront paradise—schedule your showing today!
Property details
- Type
- Condominium
- Year built
- 1987
- Interior
- 1,162 sqft
- Lot size
- 6,534 sqft
- Acreage
- 0.15 acres
- Garage
- None
- Days on market
- 189
- Total association fees
- $6,600/yr (~$550/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,186/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- 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 6 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 |
|---|---|---|---|---|---|
| 912 SW 48th Terrace 110 | Apr 2026 | $320,000 | 2/2 | 1,162 | $275 |
| 4608 SW 13th Avenue | Jun 2026 | $255,000 | 3/2 | 1,262 | $202 |
| 900 SW 54th Lane | Oct 2025 | $275,000 | 2/2 | 1,332 | $206 |
| 4136 SW 9th Place | Apr 2026 | $274,900 | 3/2 | 1,277 | $215 |
| 5515 SW 12th Avenue 102 | Jan 2026 | $335,000 | 2/2 | 1,272 | $263 |
| 229 SW 45th Street | Nov 2025 | $300,000 | 3/2 | 1,251 | $240 |
| Average | 6 comps | $293,317 | $234 |
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 $79,000 (23.3%) from the original list price.
| Sep 8, 2025 | Sold | $260,000 |
| Mar 5, 2025 | Price reducedfrom $319,500 | $299,000 |
| Jan 23, 2025 | Listed | $339,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1987 — 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.