About This Home

This 2-bedroom, 3-bathroom townhouse at 1005 SW 48th Terrace #3 in Cape Coral, FL is listed for $114,900 ($100 per sqft). Built in 1988, the home offers 1,153 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1988
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
#3
1988

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34
HOA$615

Estimates only. Actual payments may vary.

Location

1005 SW 48th Terrace #3

Cape Coral, FL 33914

DAVES COURT

Features & Amenities

Interior Features

BuiltInFeaturesLivingDiningRoomCableTvUpperLevelPrimaryWalkInClosets

Exterior Features

Patio

Property Details

Flooring

CarpetTile

Construction

WoodSiding WoodFrame

Outdoor Features

PorchPatio

Parking

AssignedGuest

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)Electric

Appliances

DryerDishwasherElectricCooktopFreezerDisposalMicrowaveRefrigeratorWasher

Questions & Answers

This 2-bedroom, 3-bathroom townhouse at 1005 SW 48th Terrace is listed at $114,900 ($100/sqft). The estimated monthly payment is $1,230 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $615/month.

Key features include: Built in 1988, 0.08 acre lot, 2 stories. Interior Features: BuiltInFeatures, LivingDiningRoom, CableTv. Exterior Features: Patio.

This property is listed by John Sharp.

JS

John Sharp

License 258035654

Agent at Royal Shell Real Estate, Inc.

Listed by Royal Shell Real Estate, Inc. · Broker phone: (239) 689-7653 · View on Broker Site · Broker website

MLS# 2026023992· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 155 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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