4 years on rocket

1516 Sw 48th Terrace, Cape Coral, FL, 33914

$700,000

Home List Price

$8,313*

Closing Credit

3 Bedrooms
3 Full Baths
2,277 SqFt
$307/SqFt
House

Location

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1516 Sw 48th Terrace, Cape Coral$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Two Spaces, Garage Door Opener
Attached Garage2 spaces
Year Built2012
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontCanal
ViewCanal, Other
Private PoolYes
MLS #220019249
Lot Size0.23 Acres
StatusActive

About 1516 Sw 48th Terrace

Have you ever thought about sailing away from your backyard? Don't miss this opportunity on an incredible 2012 build, 3 bedroom + den / 3 bath direct gulf access pool home. Current owner has a 42ft sailboat parked in the backyard and is one of the few canals that are deep enough to provide sailing access. This southern exposure home also features over 70ft of composite dock decking with an additional boat lift that holds up to a 25 ft boat and provides wrap around access. This open and airy floorplan offers tile throughout, huge master suite with sitting area, gorgeous master bath, volume ceilings, granite countertops in kitchen and stainless steel appliances. Patio doors open to an oversized paved screened in lanai and pool area. Home features mature landscaping which creates a unique atmosphere for this tropical oasis. Walking distance to Publix, Walgreens and other shops and restaurants. Bike or boat to Cape Harbour and other popular areas. Call today for your private showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 2012
  • Stories: 1
  • Living Area: 2,277 SqFt

Listing Office:

  • Office Name: Royal Palm Realty of SW FL LLC
  • Listing Agent: Calee Pasek

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Bathtub, Separate/Formal Dining Room, Double Vanity, Entrance Foyer, French Door(s)/Atrium Door(s), High Ceilings, Pantry, Separate Shower, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Canal, Other
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two Spaces, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Going south on Chiquita turn left on SW 48th Ter - home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $307/SqFt
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Housing Market Comparison

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

Med. Sold Price

$390K

Med. Price/SqFt

$232

Avg. Days On Market

79

# of Sold Homes

373

1516 Sw 48th Terrace vs Cape Coral

1717 DAYS ON ROCKET

+1638 Days

$700,000

+$309.9K More

$307/SqFt

+$74 More

KEY TAKEAWAY

This property is $309.9K more than the Median Sold Price and $74/SqFt more than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #220019249

Listing Office:

  • Office Name: Royal Palm Realty of SW FL LLC
  • Listing Agent: Calee Pasek

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: 11/25/2024, 12:20:50 PM 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

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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-1344675
7
/10
  • Gulf Elementary School

  • 3400 SW 17th Pl

  • 2.01 miles

  • Public District Grades KG-5

school-card-donut-1344676
8
/10
  • Oasis Charter Elementary School-South

  • 3415 Oasis Blvd

  • 2.20 miles

  • Public Charter Grades KG-5

school-card-donut-1344677
7
/10
  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 2.26 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,636. Most Cape Coral, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Sw 48th Terrace

What is the listing price of this property?

The listing price of 1516 Sw 48th Terrace property is $700,000.

What type of property is this?

The property 1516 Sw 48th Terrace is a house located in Cape Coral, Florida, 33914.

Is this property for sale now?

Active Listing: 1516 Sw 48th Terrace is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1516 Sw 48th Terrace has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1516 Sw 48th Terrace is 2,277 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Sw 48th Terrace is 2012.

Rocket Homes›Florida›Lee County›Cape Coral›33914›1516 Sw 48th Terrace

This home is located at 1516 Sw 48th Terrace in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 2,277 square foot home, which was built in 2012, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2020 and is currently priced at $700,000.

In October 2024, from all listings sold in Cape Coral, FL there were more than 30 sold above asking price, over 263 sold below and more than 80 were sold right at the asked price. The number of listings in Cape Coral, FL increased by 5% between September 2024 and October 2024. In October 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $390,012.

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

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