912 SW 48TH TERRACE UNIT 208, CAPE CORAL, FL, 33914
Active250 days on marketListed Dec 1, 2025MLS #A4673226
Come see it
Upcoming open house
Sat, Aug 8
12:00 PM – 3:00 PM
About this home
912 SW 48TH TERRACE UNIT 208
Welcome to your dream 2-bedroom, 2-bath condo that has been completely updated in a captivating Gulf access community! Sit outside on your private lanai overlooking the intersecting canals and watch the boats, dolphins and manatees drift by. This stunning second-floor residence boasts an abundance of cabinets and elegant under-cabinet lighting, paired with beautiful granite countertops in the eat-in kitchen—a culinary enthusiast’s paradise. The spacious master bedroom features a large window and French doors leading out to your private lanai, perfect for enjoying tranquil evenings. With split bedrooms for added privacy, a convenient in-residence laundry, and a welcoming foyer, this home is designed for comfort and functionality. You'll also appreciate the walk-in closet, assigned covered parking, included storage closet and ample guest parking. Dive into the community pool and hot tub, grill out at the brand new community grills or take advantage of the boat dock for easy aquatic adventures. Ideally located near restaurants, shopping, and parks, with quick access to major roadways leading to pristine beaches and golf courses, this condo is a true lifestyle gem. Plus, electric storm shutters give you peace of mind. You will be happy with the extremely reasonable HOA costs and complete INSURANCE COSTS OF ONLY $68 per month. Very strong HOA with no price increases in the last 3 years. Don’t miss out on this exceptional opportunity! At this price point, a waterfront condo with direct gulf access in Cape Coral is a rare find. See it today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,162
Sqft
0.15 ac
Lot size
1988
Year built
One
Levels
$245
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,335 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,335/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+40.7%
$/sqft vs Cape Coral actives
$245 vs $249
Days on market
250 vs 50 typical
Where $245/sqft sits among the 333 Cape Coral actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cape Coral
Get to know Cape Coral. See the full Cape Coral guide →
CAPE CORAL 33914 — neighborhood snapshot
Population
44,439
Median age
54.7
Median income
$75,557
Median home value
$408,800
Avg household
2.46
Households w/ children
3,094
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Cape Coral market
$375K → $405K
Cape Coral median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
101 of 333
Cape Coral actives have cut their price
Median sold price, Cape Coral, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 29% below the CAPE CORAL 33914 median. See the full Cape Coral market guide →
Paper trail
This home's history
Reality check
What actually sold near 912 SW 48TH TERRACE UNIT 208
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$285,000
902 SW 48TH TER # 105, Cape Coral FL 33914 · same community
2 bd · 2 ba · 1,162 sqft · $245/sqft · 48 DOM
Sold · Dec ’25$285,000
902 SW 48TH TERRACE UNIT 105 · same community
2 bd · 2 ba · 1,162 sqft · $245/sqft · 48 DOM
Sold · Aug ’25$335,000
5808 SW 1ST PLACE
2 bd · 2 ba · 1,113 sqft · $301/sqft · 66 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 912 SW 48TH TERRACE UNIT 208 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 912 SW 48TH TERRACE UNIT 208 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
912 SW 48TH TERRACE UNIT 208 FAQs
What would the monthly payment be for 912 SW 48TH TERRACE UNIT 208?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,335/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 912 SW 48TH TERRACE UNIT 208?+
The most recent tax bill on record (2024) was $4,493. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 912 SW 48TH TERRACE UNIT 208?+
The listing reports pets: Number Limit, Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Cape Coral?+
At $284,500, this home is listed about 36% below the Cape Coral median of $445,750. The market section on this page shows how the area is trending.
Which schools are assigned to 912 SW 48TH TERRACE UNIT 208?+
Gulf Middle School (middle), Ida S. Baker High School (high), Gulf Elementary School (elementary), Pelican Elementary School (elementary), Cape Coral High School (high), Cape Elementary School (elementary), Trafalgar Middle School (middle), Mariner High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the CAPE CORAL 33914 market on paper
$284,500 is 29% below the CAPE CORAL 33914 median of $399,000, and at $245/sqft it sits under the Cape Coral average of $295.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
250 days on market against a Cape Coral median of 50 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Gulf Middle School, Ida S. Baker High School, Gulf Elementary School, Pelican Elementary School, Cape Coral High School, Cape Elementary School, Trafalgar Middle School, Mariner High School, North Fort Myers High School — Gulf Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $295,000, now $284,500 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PREMIERE PLUS REALTY COMPANY · Kevin O'Reilly. MLS #A4673226.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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