2 Bed Waterfront Home for Sale in Cape Coral
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SoldMLS# 2026009055

$250,000

2 Bed Waterfront Home for Sale in Cape Coral

1010 SW 48th Terrace 103, Cape Coral, FL, 33914

2 beds2 baths1,166 sqft
GatedBoatingCommunity PoolWaterfront

About this home

Intersecting Canal Views....Direct Access....End Unit....Close to shopping and restraurants. Many updates! All tile floors. Storm protection on windows and no flooding has occured. You don't want to miss this one. Being sold Turnkey! Call today to schedule your showing.

Property details

Type
Condominium
Year built
1985
Interior
1,166 sqft
Lot size
3,711.312 sqft
Acreage
0.09 acres
Garage
None
Days on market
27
Total association fees
$8,000/yr (~$667/mo)
CDD
None
Est. taxes (1.4%)
$3,500/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
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

AssociationManagementLegalAccountingMaintenanceGroundsReserveFundSewerTrashWater

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

Amenities

BoatDockPoolManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$214/sqft
Comp median
$202/sqft
Difference
+6%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1118 SW 48th Terrace 104Feb 2026$220,0002/21,200$183
4727 SW 13th Avenue 203Feb 2026$231,5002/21,074$216
4608 SW 13th AvenueJun 2026$255,0003/21,262$202
Average3 comps$235,500$200

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$384,750
Avg days on market
92
Active listings
2,482
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 69 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.

Price & status history

Down $16,000 (6.4%) from the original list price.

Apr 15, 2026Sold$234,000
Feb 21, 2026Listed$250,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Shutters
Consider
  • Built 1985 — 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.