2 Bed 2 Bath Waterfront Condominium for Sale in RIVER HARBOR CLUB CONDO, FL
1 / 26
SoldMLS# 225069704

$428,800

2 Bed 2 Bath Waterfront Condominium for Sale in RIVER HARBOR CLUB CONDO, FL

1929 SE 40th Terrace 2, Cape Coral, FL, 33904

2 beds2 baths1,250 sqft1 garage
BoatingCommunity PoolWaterfront

About this home

THE TIME IS HERE…….. REDUCED TO SELL …..SELLERS HAVE PURCHASED NEW RESIDENT!!!!…….. BE FIRST TO SECURE THIS PERFECT JAYCEE PARK AREA.....CORNER UNIT.........DIRECT SAILBOAT ACCESS /INTERSECTING CANALS / STRAIGHT RIVER VIEW ............. PROFESSIONALLY REMODELED.....FEELING OF LIVING ON A YACHT WITH WATER VIEWS EVERYWHERE........OPEN AREA LIVING/DINING /KITCHEN / LANAI AREA ENCLOSED FOR A/C OR FRESH AIR.....BATHS EACH HAVE BIDET/ MASTER DOUBLE SINK......ALL BEAUTIFUL NEWLY SEALED TILE FLOORS THROUGHOUT ENTIRE UNIT..........NEW IMPACT WINDOWS /SLIDING DOORS......ENTIRE UNIT HAS FILTERED WATER AT EVERY FAUCET.........ENCLOSED WITH OPENER /GARAGE W/STORAGE........BOAT COMMUNITY DOCK/TIE UP (NO LIFTS ALLOWED).....NEW RESURFACED HEATED POOL NEXT TO WATER.....QUIET AREA FOR PURE RELAXATION / READY TO OPEN SOON FOR CONCERTS....MUSIC...FUN FAMILY TIME IN THE PARK ON THE RIVER........CLOSE TO DOWNTOWN CAPE CORAL WHERE ALL THE ACTION IS.....DANCING.....SPORT BARS.....ETHNIC DINING.....CASUAL AND FUN......FITNESS CENTERS TO CHOOSE FROM.......SEAFOOD.....RETAIL SHOPS.....FARMERS MARKET....BEST FOOD STORES...BOATING.......WATER PARK FOR THE ENTIRE FAMILY...SEEING IS BELIEVING THIS BREATHTAKING VIEWS AND FINISHING TOUCHES ON FRESHLY UPSCALE REMODELED UNIT...........UPGRADE DETAIL SHEET PROVIDED AT SHOWINGS.......Microwave also has convection feature…… BEACHES .... SHOPPING MALLS .....MORE OF ALL ABOVE PLACES TO SEE JUST 30 MINS AWAY. FRIENDLY JAYCEE PARK ALMOST READY TO REOPEN..... REMODELED AND EXPANSION FOR EXTRA WALK TO FUN ........GREAT PLACE TO GO WITH FRIENDS AND MEET NEW NEIGHBORS FROM ENTIRE AREA OF CONDO UNITS......CALL TODAY FOR YOUR SHOWING ......START WITH THE BEST........THEN GO SEE THE REST...............FAST CLOSING IF NEEDED CLOSE IN 10 OR LESS OR CUSTOMIZE YOUR OWN CLOSING THAT FITS YOUR NEEDS. EXCELLENT RENTAL PROPERTY AREA AS THERE IS SO MUCH TO DO JUST WITH A QUICK WALK .

Property details

Type
Condominium
Year built
1979
Interior
1,250 sqft
Lot size
4,765.464 sqft
Acreage
0.11 acres
Garage
1 car
Days on market
128
Total association fees
$10,312/yr (~$859/mo)
CDD
None
Est. taxes (1.4%)
$6,003/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Assessment Paid
New construction
No
Pets
No
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundRoadMaintenanceSewerStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BoatDockBoatRampPierPoolBoatSlipStorageSidewalksManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$343/sqft
Comp median
$297/sqft
Difference
+15%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home — what you love, what to ask about — saved to your account and shared with your agent.

Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4001 SE 19th Place 2Jun 2026$368,0002/21,226$300
4013 SE 20th Place 205Oct 2025$324,0002/21,295$250
1322 SE 42nd StreetFeb 2026$435,0003/21,393$312
4719 SE 17th Place 208May 2026$330,0002/21,124$294
Average4 comps$364,250$289

Market trends — Cape Coral

Median list
$399,999
Median $/sqft
$234
Median sold (90d)
$384,900
Avg days on market
93
Active listings
2,525
Median sold price · Cape Coral
$382,000last 3 months7% vs $356,900 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM11.3% YoY
$340k$368k$395kJul ’25Jul ’26
$395,000Jul ’26 · 314 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 $35,600 (7.7%) from the original list price.

Mar 23, 2026Sold$428,800
Feb 21, 2026Price reducedfrom $464,400$428,800
Oct 17, 2025Listed$464,400

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$10,312/yr)
Location convenienceHigh
Hospital
4 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
4.4 mi
Page Field (Fort Myers)
Shopping
4.1 mi
Bell Tower Shops

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

Loading map…

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.