2 Bed Condominium for Sale in Cape Coral
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For RentMLS# 2026028117

$1,675

2 Bed Condominium for Sale in Cape Coral

1914 SE 40th Terrace 105, Cape Coral, FL, 33904

2 beds2 baths1,193 sqft
Community PoolBoating

About this home

**MOVE-IN READY NOW in the highly desirable Beach Parkway area!** This light and bright CORNER UNIT offers a quiet, well-maintained setting just steps from a beautiful neighborhood park, plus a private screened lanai with SHUTTERS for added peace of mind. The spacious open-concept floor plan features an impressively large living and dining area with sleek plank flooring, multiple sliding glass doors, and great natural light. The kitchen is a standout — truly the KITCHEN OF YOUR DREAMS — with crisp white Shaker cabinetry, glass-front built-in pantry-style cupboards, quartz countertops, stainless steel appliances, a stylish tile backsplash, and a large center island ideal for cooking, dining, and entertaining. The primary suite has been beautifully updated and feels like a true retreat, featuring NEW FLOORING and a recently renovated primary bathroom with a new vanity cabinet, dual sinks, new faucets, gold-framed mirror, quartz countertop, and a walk-in shower with marble-look tile. Both bedrooms offer durable, attractive flooring and comfortable space. Additional highlights include newer air conditioning, an in-unit washer and dryer, covered parking just steps from your front door, private outside storage, and access to a well-managed community with a large heated pool. Relax on the generous **17’ x 8’ screened lanai** with **hurricane shutters**, overlooking lush landscaping and a fenced green area. With **no condo directly behind the lanai**, this outdoor space feels peaceful, private, and tucked away. Offered unfurnished for annual rental only, with credit and income verification required. Water, sewer, trash, and pest control are included. Located in the palm tree–lined, riverfront setting of Beach Parkway near a beautiful neighborhood park with scenic water views, walking paths, picnic areas, exercise stations, and exciting upcoming improvements, including a boardwalk along the river. You’ll be living your best life in this beautiful Beach Parkway condo!

Property details

Type
Condominium
Year built
1990
Interior
1,193 sqft
Lot size
2,766.06 sqft
Acreage
0.06 acres
Garage
None
Days on market
50
Total association fees
None
CDD
None
Est. taxes (1.4%)
$23/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
No
County
Lee

Amenities

Pool

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

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Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$233
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,460
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $25 (1.5%) from the original list price.

Aug 18, 2026Price reducedfrom $1,700$1,675
Jun 29, 2026Listed$1,700

The good, the trade-offs & the location

Consider
  • Built 1990 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
4.5 mi
Page Field (Fort Myers)
Shopping
4.2 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.