$289,888
4 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
3617 NW 48th Terrace, Cape Coral, FL, 33993
About this home
Be charmed by this new construction home in vibrant Cape Coral! This brand-new single-story residence showcases the sought-after Quincy Plan, featuring an open layout that seamlessly connects the Living, Dining, and Kitchen areas. The chef’s kitchen delights with elegant cabinetry, stainless steel appliances, and stylish granite countertops. Retreat to the serene primary suite with a private bath and spacious walk-in closet. Three additional bedrooms and a well-appointed secondary bathroom offer ample space. Embrace the perfect blend of comfort and modern living. Energy-efficient features like Low E insulated dual pane windows and a one-year limited home warranty ensure peace of mind. No HOA! Seller Offering Concessions! Move-in ready! Make this stunning home yours!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,665 sqft
- Lot size
- 12,196.8 sqft
- Acreage
- 0.28 acres
- Garage
- 2 car
- Days on market
- 223
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,058/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Other
- Sewer
- Septic Tank
- New construction
- Yes
- Pets
- Yes
- County
- Lee
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 4 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 |
|---|---|---|---|---|---|
| 4721 NW 38TH Place | Feb 2026 | $279,990 | 4/2 | 1,665 | $168 |
| 3421 NW 47th Street | Mar 2026 | $264,000 | 4/2 | 1,477 | $179 |
| 4527 NW 36th Avenue | Nov 2025 | $332,500 | 3/2 | 1,638 | $203 |
| 3932 NW 46TH Lane | Nov 2025 | $272,000 | 4/2 | 1,665 | $163 |
| Average | 4 comps | $287,123 | $178 |
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 $79,990 (22.2%) from the original list price.
| Mar 26, 2026 | Sold | $280,000 |
| Feb 3, 2026 | Price reducedfrom $314,990 | $289,888 |
| Jul 17, 2025 | Listed | $359,990 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- 2-car garage
- 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.