208/1124 Southwest 48th Terrace

Off Market

208/1124 Southwest 48th Terrace

Cape Coral FL 33914

1386 sq. ft.

0.25 ac.

Condo

Last sold for $250,000

Cynthia Infiesto, last sold this property on 05 January 2026 after 223 days on market.

Overview

GULF ACCESS, CORNER UNIT with sweeping intersecting canal views and no flood concerns,—this second-floor condo delivers the full Southwest Florida lifestyle at a fraction of the cost. Just minutes to open water with no bridges, no locks, and dock space included—select your spot on the composite dock (with water available at the dock) and register with the HOA. Properties with this kind of unrestricted Gulf access typically cost hundreds of thousands more. Tucked into a quiet and peaceful community, this condo offers the best of both worlds: serenity on the water, yet located in a prime South Cape Coral location with quick access to local shopping, dining, and entertainment. You're just minutes to Fort Myers and close to the airport—ideal for seasonal residents, snowbirds or out-of-town guests. Enjoy both sunsets and sunrises from the balcony of this true south-facing unit. This light-filled unit has been thoughtfully updated with new laminate flooring, granite kitchen countertops, newer stainless steel appliances, and a newer washer and dryer. The renovated master bath features a new vanity, mirror, lighting, and a brand-new shower. Additional upgrades include IMPACT WINDOWS, HURRICANE SHUTTERS for the sliders, new blinds, fresh paint, six-panel doors, LED lighting throughout, nightlight settings in the hallway, master bath, and closet, and a newly-installed lighted bar feature in the foyer and lots of storage. The unit is being offered fully furnished, including a brand-new adjustable king-size bed in the primary suite—making it move-in ready for a snowbird, first-time buyer, or investor seeking a quality rental property. Major updates include:WASHER AND DRYER 12/2025, ROOF (2023), AC (2018), WATER HEATER (2019). Also included: a detached carport and a private storage shed. The beautiful waterfront pool is also south-facing, giving you sun all day long. Affordable. Furnished. Peaceful. And offering the kind of Gulf access usually found only in much higher price points. This one checks every box. This community boasts a FINANCIALLY STRONG HOA with RESERVES FUNDED APPROXIMATELY 60% (well above the 10–12% requirement). The budget is solid, and at the upcoming November meeting, the board will even consider reducing HOA fees—further proof of a HEALTHY, WELL MANAGED ASSOCIATION.

Features

2 bedrooms

2 bathrooms

1 carspace

1 carport space

1386 sq. ft. floor area

0.25 ac. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Cape Coral over the last 12 months, the estimated median property value of 208/1124 Southwest 48th Terrace is $210k.

Median value

$210k

Estimated value range

$100k - $742.5k

Median days on market

Estimated value trend

-12%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Cape Coral. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 208/1124 Southwest 48th Terrace

2026

Sold

$250,000

05 Jan 2026 by Cynthia Infiesto, of EXIT Select Realty

2018

Sold

$205,000

13 Dec 2018 by Bill Kourpouanidis, of EXPERIENCE REAL ESTATE GROUP

2008

Sold

$180,000

18 Mar 2008 by Sharon Spencer, of LocateHomes.com

Happy sellers in Cape Coral

75%

75% of sellers in Cape Coral reported that their sale price either exceeded or met their price expectations.

Cape Coral stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Cape Coral over the last 12 months.

Local market activity for 2 bedroom condos in Cape Coral

In the last 12 months, 86 two-bedroom condos similar to 208/1124 Southwest 48th Terrace, have been sold.

This represents a 4% increase in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Cape Coral for a market analysis.

Paul Russell

at Century 21 Sunbelt Realty

(74 reviews)

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Jessica Hilghman

at John R Wood Properties

(11 reviews)

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Danene Bazon PA

at RE/MAX Realty Group

(18 reviews)

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Marie Mansson

at Tudor Villas Realty Corp

(5 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cape Coral

Paul Russell

Sellers who recommend Paul Russell have praised them for being local expert, responsive, clear communication, supportive, honest, detail-oriented, and reliable