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Townhouse for sale at 1005 SW 48th Terrace #3, Cape Coral, FL 33914 | MLS# 2026023992 | Listing updated on 2026-10-12
Photo 1 of Townhouse for sale at 1005 SW 48th Terrace #3, Cape Coral, FL 33914 | MLS# 2026023992 | Listing updated on 2026-10-12
Photo 2 of Townhouse for sale at 1005 SW 48th Terrace #3, Cape Coral, FL 33914 | MLS# 2026023992 | Listing updated on 2026-10-12
Photo 3 of Townhouse for sale at 1005 SW 48th Terrace #3, Cape Coral, FL 33914 | MLS# 2026023992 | Listing updated on 2026-10-12
Photo 4 of Townhouse for sale at 1005 SW 48th Terrace #3, Cape Coral, FL 33914 | MLS# 2026023992 | Listing updated on 2026-10-12
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$114,900

Monthly Est:$572

  • Beds Icon2 Beds
  • Beds Icon
    3 Baths
  • Beds Icon1,153sqft

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

$572/moEst:

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  • Townhouse

  • Built in 1988

  • $615/mo HOA

  • 0.08 acre lot

  • $100/sq.ft

Description

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!

  • Houzeo last checked: 8 minutes ago
  • Listing updated: October 12, 2026 at 5:47 pm
  • Listing Provided by: John Sharp (239) 677-7645 DRE #258035654 | Royal Shell Real Estate, Inc. (239) 322-5680
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026023992 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Active

  • Type

    Townhouse

  • No. of Stories

    2

  • County

    Lee County

  • City

    Cape Coral

  • Neighborhood

    Pelican

  • Year Built

    1988

  • HOA Fees

    $615/mo

  • Finished Area

    1,153 sqft

  • Lot Size

    0.08 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2026023992

  • MLS Status

    Active

  • Days on Market

    158

  • Cumulative Days on Market

    136

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Location

HOA Management

N/A

HOA Fees

$615/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Trash Pickup Trash Pickup

Insurance Insurance

Pool Pool

Maintenance Maintenance

Water Water

StreetLights StreetLights

Management Management

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 3

Interior

  • Flooring

    Carpet, Tile

  • Appliances

    Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer

  • Interior Features

    Built In Features, Living Dining Room, Cable Tv, Upper Level Primary, Walk In Closets

  • Sewer

    Public Sewer

  • Window Features

    Double Hung, Shutters

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric

  • Exterior Features

    Patio

Construction

  • Year Built

    Year Built: 1988

  • Home type

    Townhouse

  • Architectural Style

    Coach Carriage, Other

  • Construction Materials

    Wood Siding, Wood Frame

  • Property Condition

    Resale

  • Roof

    Shingle

Utilities & Energy

  • Water Source

    Public

  • Parking Features

    Assigned, Guest, One Space

  • Pool Features

    Community

  • Association Amenities

    Pool, Management

  • Utilities

    Cable Available, High Speed Internet Available

  • Security Features

    None

Other Features

  • Lot Features

    Other

  • Patio And Porch Features

    Open, Patio, Porch

  • Disclosures

    Rv Restrictions

  • Community Features

    Condo Hotel Community, Near Hotel Motel

  • Subdivision Name

    Daves Court

Price History

DateEventPrice

05/29/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026023992

Price Decreased

$114,900 -11.55%

$100/sqft

05/29/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2026023992

Listed for Sale

$129,900

$113/sqft

Pelican Ranks #4 in Cape Coral, FL

Homes for sale
866

Homes

Rental prices
$1,714

Rental Prices

Median Home Price
$510K

Median Home Price

Pelican, Cape Coral, FL neighborhood guide

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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 05:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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