2 Bed Pool Home for Sale in Daves Court
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For SaleMLS# 2026023992

$129,900

2 Bed Pool Home for Sale in Daves Court

1005 SW 48th Terrace 3, Cape Coral, FL, 33914

2 beds2.5 baths1,153 sqft
Community Pool

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!

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
5
Total association fees
$7,380/yr (~$615/mo)
CDD
None
Est. taxes (1.4%)
$1,819/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
North
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
Yes
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

InsuranceMaintenanceGroundsStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PoolManagement

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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$113/sqft
Comp median
$134/sqft
Difference
-16%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1005 SW 48th Terrace 8Oct 2025$143,0002/21,153$124
1428 SW 50th Street 117Feb 2026$145,0002/21,019$142
1431 SW Courtyards Terrace 115Jan 2026$132,0002/11,261$105
1417 SW 51st Lane 36Aug 2026$139,0002/2953$146
1518 SW Courtyards Lane 199Mar 2026$120,0002/2953$126
5117 SW 15th Place 209Jan 2026$140,0002/2953$147
Average6 comps$136,500$132

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

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.

The good, the trade-offs & the location

Pros
  • Private pool
  • Storm protection: Shutters
Consider
  • 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
Location convenienceHigh
Hospital
5.9 mi
Cape Coral Hospital
Beach
8.1 mi
Fort Myers Beach
Airport
8.4 mi
Page Field (Fort Myers)
Shopping
7 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.