$215,000
2 Bed Waterfront Home for Sale in Cape Coral
830 SW 48th Terrace 3, Cape Coral, FL, 33914
About this home
Welcome to your new Fabulous Waterfront condo! This first floor condo is spacious, offering 2 bedrooms and 2 baths, nice size walk in closet in the Master bedroom, Most of the furniture will remain. When you enter you just get that Tropical feeling. Wonderful screened lanai overlooking the canal and the boat dock. You can sit out and watch the boats travel by! This Community offers Direct access to the Gulf! Just minutes to Open water! This home is immaculate! And has never been flooded or had any Hurricane damage. The Association has no upcoming assessments so no worries there. Personal items do not convey with purchase. Kimberly Bay Condo is a best kept secret! Located close to Downtown Cape Coral, with shopping, nightlife and 5 Star Restaurants. This is the one, if you have been Looking for a waterfront home! Come and Make An offer today.
Property details
- Type
- Condominium
- Year built
- 1984
- Interior
- 785 sqft
- Lot size
- 6,394.608 sqft
- Acreage
- 0.15 acres
- Garage
- None
- Days on market
- 21
- Total association fees
- $6,816/yr (~$568/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,010/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- 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
- No
- 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 |
|---|---|---|---|---|---|
| 4802 Tudor Drive 104 | Oct 2025 | $170,000 | 2/1 | 945 | $180 |
| 4802 Tudor Drive 201 | Jan 2026 | $165,000 | 2/1 | 908 | $182 |
| 4616 SE 5th Place 107 | Dec 2025 | $210,000 | 2/2 | 976 | $215 |
| Average | 3 comps | $181,667 | $192 |
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.
The good, the trade-offs & the location
- Waterfront
- Built 1984 — 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.