new - 3 days on rocket

1423/1425 SW 48th Ter, Cape Coral, FL, 33914

$559,900

Home List Price

$6,649*

Closing Credit

6 Bedrooms
4 Full Baths
Multi

Location

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1423/1425 SW 48th Ter, Cape Coral$559,900

Buyer Closing Credits

$6,649*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2014
HeatingCentral, Electric
CoolingCeiling Fan(s)
WaterfrontNone
MLS #224101295
Lot Size0.25 Acres
StatusActive

About 1423/1425 SW 48th Ter

Prime Investment Opportunity in SW Cape Coral! Discover an exceptional duplex located in a highly desirable neighborhood in SW Cape Coral, surrounded by million-dollar homes and just seconds away from shops, restaurants, and the beautiful Cape Harbor. Both units feature spacious open floor plans with 3 bedrooms and 2 bathrooms, each offering just over 1,200 sqft of living space. Some highlights include a newer 2022 roof, tile throughout (no carpet), and a large, fenced yard on both sides complimented by some lush, mature landscaping! Investment Potential! Left side is currently rented month-to-month at $2,250, with long-term tenants eager to stay. The right side is owner-occupied but open to leasing back, providing flexibility for new ownership. With investment properties in this area being hard to find, this duplex presents a unique opportunity for both seasoned investors and those looking to enter the rental market. Schedule a showing today and don’t miss out on this fantastic opportunity before it's gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 2014

Listing Office:

  • Office Name: Sposen Realty & Development
  • Office Phone: (239) 244-8858
  • Listing Agent: Ellison Espinal

Interior Features

Interior Information:

  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence, Sprinkler/Irrigation, Patio, Room For Pool

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Sprinklers
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,900
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

82

# of Sold Homes

326

1423/1425 SW 48th Ter vs Cape Coral

3 DAYS ON ROCKET

-79 Days

$559,900

+$169.8K More

KEY TAKEAWAY

This property is $169.8K more than the Median Sold Price in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224101295

Listing Office:

  • Office Name: Sposen Realty & Development
  • Office Phone: (239) 244-8858
  • Listing Agent: Ellison Espinal

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/16/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3911168
7
/10

  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 1.96 miles

  • Public District Grades KG-5

school-card-donut-3911169
7
/10

  • Gulf Elementary School

  • 3400 SW 17th Pl

  • 2.20 miles

  • Public District Grades KG-5

school-card-donut-3911170
8
/10

  • Oasis Charter Elementary School-South

  • 3415 Oasis Blvd

  • 2.52 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,553. The most common annual income of people living in Cape Coral, FL is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Lee County›Cape Coral›33914›1423/1425 SW 48th Ter

This home is located at 1423/1425 SW 48th Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This home, which was built in 2014, sits on a 0.25 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $559,900.

Over 39 listings were sold over their listed price in November 2024 in Cape Coral, FL. In the same period over 210 listings were sold below the listed price and 77 listings were sold for the listed price. Between October 2024 and November 2024, Cape Coral, FL real estate market has seen increase in the number of listings by 11%. In November 2024 median list price was $390,028 and the average listing age was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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