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$249,900
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Property Description
Experience the Southwest Florida waterfront lifestyle at an exceptional value! This spacious three-bedroom, two-bath condominium offers direct Gulf access, a dedicated boat slip, and beautiful canal views in an intimate six-unit, pet-friendly community. One of the home's most desirable features is its private second-floor location. Enjoy the entire upper level with no neighbors beside or above you, creating a peaceful retreat with added privacy. Lovingly maintained by its owners, the home features a comfortable, spacious floor plan with neutral finishes throughout, allowing you to move right in and update at your own pace. The primary suite overlooks the canal, while two additional guest bedrooms offer plenty of space for family, visitors, or a home office. Boaters will appreciate the direct Gulf access from the community boat dock and the convenience of having a dedicated boat slip just steps from home. After a day on the water, relax by the community pool and spa or enjoy the friendly atmosphere of this well-maintained, low-density complex. Ideally located near Cape Harbour, Tarpon Point Marina, and the exciting new waterfront dining and entertainment at Bimini Basin, you'll have easy access to restaurants, shopping, and everything that makes Cape Coral such a sought-after boating destination. Whether you're searching for a year-round residence, winter getaway, or investment opportunity, this waterfront condo delivers an incredible combination of location, lifestyle, and value at an attractive price. Schedule your private showing today!
Full Property Details
Full Property Details for 1004 SW 48th Terrace #203
General
- Price: $249,900
- HOA FEE: $800/month
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026004881
- Updated: 7/4/2026
- Added to Site: 162 day(s) ago
Rental Information
- Lease/Rent Term: 30
- Min. Lease (Days): 30
Interior
- Interior Features: Split Bedrooms, Other
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Negotiable
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Dining - Family
- Laundry: Washer/Dryer Hookup
Additional Information
- Shared Amenities: Pool, Boating, Non-Gated
Exterior
- Exterior Features: Dock Included, None
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Detached Carport
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: PALMTATION CONDO
- Building Name: PALMTATION CONDO
- Direction Faces: North
Community
- Association: Yes
- Assoc. Fees Include: Insurance, Maintenance Grounds, Legal/Accounting, Pest Control Exterior
- Units Assoc/Comm: 6
- Pets Allowed: Yes
- Number of Pets: 1
- Management Type: Condo
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Low Rise (1-3)
- Exterior Const.: Concrete Block, Stucco
- Roof: Tile
- Windows: Sliding
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,316
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 1,316 Sq. Ft.
- Year Built: 1996
Lot Features
- Property View: Canal, Intersecting Canal
- Lot Size Source: Property Appraiser Office
- Irrigation System: None
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: No Bridge(s)/Water Direct, Canal Front, Intersecting Canal
- Canal Width: Canal Width 81-120
- Boat Dock Slip: Yes
Financial Considerations
- Condo Fee: $800
- Condo Fee Freq: Monthly
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: PALMTATION II CONDO DESC OR 2728 PG 0933 UNIT 203
- Property ID: 15-45-23-C2-01300.2030
- Section: 15
- Block: 1300
- Lot Number: 203
Listed by Century 21 AllPoints Realty
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Schools
Schools serving 1004 SW 48th Terrace #203
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1.9 mi |
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2.2 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 3 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 2 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.3 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 2.2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.5 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.2 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 8.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1004 SW 48th Terrace #203
Date
Details
Price
Change
Source
5/07/2026
Price Reduced
$249,900
-7.41%
MLS
3/12/2026
Price Reduced
$269,900
-8.79%
MLS
1/30/2026
Listed
$295,900
124.17%
MLS
8/14/2001
Sold
$132,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1004 SW 48th Terrace #203
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,116
-12%
$227,473
-15%
2024
$4,689
-10%
$267,169
-30%
2023
$5,185
33%
$379,591
85%
2021
$3,888
-9%
$204,860
-28%
2022
$4,284
10%
$284,133
52%
2021
$3,888
9%
$186,533
5%
2018
$3,583
—
$177,650
-1%
2017
$3,601
9%
$179,265
13%
2016
$3,304
-7%
$158,698
-6%
2015
$3,570
24%
$168,000
9%
2014
$2,889
-22%
$154,800
-17%
2019
$3,690
55%
$187,340
61%
2013
$2,380
—
$116,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1004 SW 48th Terrace #203
1004 SW 48th Ter #203, Cape Coral, FL 33914 (MLS# 2026004881) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1004 SW 48th Ter #203 is currently listed for $249,900 and was received on January 30, 2026. Want to learn more about 1004 SW 48th Ter #203? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

