1015/1017 SW 48th Ter, Cape Coral, FL 33914 - Photo 1

1/1

$402,500

Sold
Closed
Duplex
6 Beds
4 Full Baths

1/1

Property Description

Great Investment Opportunity-Cape Coral Duplex! Looking for a reliable income-producing duplex with excellent tenant stability? Check out this 6 bed / 4 bath duplex (two identical 3 BED/2 BATH with garages) in a desirable spot near Cape Coral Parkway. "¢ Built in 1985, with a solid structure and efficient systems and newer roof in place. "¢ Tenants have been long-term residents and are interested in staying-providing immediate cash flow of $3,050/month which is under market. "¢ Priced attractively at $425K (~$177/sq ft) with 2024 taxes at $5.5K/year. "¢ Excellent net operating income potential, and low upkeep thanks to tenant-paid utilities. "¢ Great location-close to shopping, schools, and major thoroughfares. Whether you're an investor or looking for a low-hassle, income-producing property, this duplex is priced and positioned to move fast.

Full Property Details

Full Property Details for 1015 SW 48th Terrace

General

Sold For: $402,500
Taxes: (2024)
Status: Closed
Type: Duplex
Source: Bonita_Springs
MLS ID: 2025006356
Added to Site: 153 day(s) ago

Interior

Flooring: Tile

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 6

Additional Information

Shared Amenities: None, Non-Gated

Exterior

Porch/Patio/Deck: Patio

Location

Area: CC21 - Cape Coral Unit 3, 30, 44, 6
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL

Community

Units Assoc/Comm: 2

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Electric
Heating Type: Central Electric

Utilities

Sewer: Assessment Paid, Central
Water: Assessment Paid, Central
Utility Description: Cable Not Available

Structural Information

Description/Design: Duplex
Exterior Const.: Concrete Block, Stucco
Roof: Shingle
Windows: Single Hung
Year Built: 1985

Lot Features

Lot Size (Acres): 0.248
Lot Size (Sq. Ft.): 10,802
Lot Size Source: Property Appraiser Office
Irrigation System: Assessment Paid, Central
Lot Features: Regular
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Operating Expenses: $5,473
Tax Year: 2024
Terms: Buyer Finance/Cash
Tenant Pays: Electricity, Water

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 64 BLK 1698 PB 21 PG 93 LOTS 33 + 34 + VAC ALLEY OR 3314 PG 3872
Property ID: 15-45-23-C2-01698.0330
Section: 15
Block: 1698
Lot Number: 33

Listed by Red Key Realty Group LLC
Sold by Berkshire Hathaway Florida

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— 1015 SW 48th Terrace —

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Schools

Schools serving 1015 SW 48th Terrace

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	1.9 mi
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991	6-8	4.2 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	2.1 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.4 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	7.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1015 SW 48th Terrace

Date

Details

Price

Change

Source

11/18/2025

Sold

$402,500

-5.29%

MLS

8/18/2025

Listed

$425,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
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Total Baths
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Sq. Ft.

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3
Beds
3
Total Baths
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Sq. Ft.

1015/1017 SW 48th Ter, Cape Coral, FL 33914 (MLS# 2025006356) is a Duplex property that was sold at $402,500 on November 18, 2025. Want to learn more about 1015/1017 SW 48th Ter? Do you have questions about finding other Duplex 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.

1015 SW 48th Terrace Cape Coral, FL 33914