$535,000
3 Bed Pool Home for Sale in Cape Coral
122 SW 48th Terrace, Cape Coral, FL, 33914
About this home
This stunning turnkey home offers the perfect escape in the highly desirable Southwest Cape Coral area, surrounded by million-dollar waterfront homes. Just bring your toothbrush and enjoy all this beautifully updated coastal designer-inspired home has to offer! Featuring 3 spacious bedrooms and a oversized den conveniently converted to a 4th bedroom, updated living/dining areas, a custom breakfast nook, and a fully equipped kitchen with bar, this home was designed with both comfort and style in mind. The open-concept layout seamlessly flows in and out, with glass doors leading to an under-truss lanai and a private heated pool, perfect for relaxing or entertaining. Plus, a rare private beach with sand between your toes and an outdoor shower await on your oversized corner lot. Recent upgrades provide peace of mind including a brand-new roof (2021), new A/C (2021), and pool heater (2022), as well as electric hurricane shutters for added peace of mind. Close proximity to Tarpon Pointe Marina, Rotary Park, and the finest dining downtown Cape Coral offers. Explore Cape Coral’s waterfront dining, explore the local Farmers Market every weekend, or unwind at the beautiful Yacht Club Community Park with it's beautiful beach. Whether looking for future rental income or a personal retreat, this home is one you won’t want to miss.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2001
- Interior
- 1,705 sqft
- Lot size
- 11,935.44 sqft
- Acreage
- 0.27 acres
- Garage
- 2 car
- Days on market
- 346
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $7,490/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
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 20 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 |
|---|---|---|---|---|---|
| 4923 Santa Monica Court | Sep 2025 | $450,000 | 3/2 | 1,518 | $296 |
| 4910 Sorrento Court | Apr 2026 | $525,000 | 3/2 | 1,768 | $297 |
| 227 SW 48th Terrace | Dec 2025 | $405,000 | 3/2 | 1,670 | $243 |
| 4827 SW 3rd Avenue | Jan 2026 | $415,000 | 3/1 | 1,661 | $250 |
| 4522 SW 1st Avenue | Aug 2026 | $410,000 | 3/2 | 1,579 | $260 |
| 5051 Saxony Court | Jul 2026 | $530,000 | 3/2 | 1,728 | $307 |
| Average | 6 comps | $455,833 | $276 |
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 $10,000 (1.8%) from the original list price.
| Mar 19, 2025 | Price reducedfrom $545,000 | $535,000 |
| Mar 5, 2025 | Listed | $545,000 |
The good, the trade-offs & the location
- Private pool
- 2-car garage
- Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.