$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
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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4001 SE 19th Place 2 | Jun 2026 | $368,000 | 2/2 | 1,226 | $300 |
| 4013 SE 20th Place 205 | Oct 2025 | $324,000 | 2/2 | 1,295 | $250 |
| 1322 SE 42nd Street | Feb 2026 | $435,000 | 3/2 | 1,393 | $312 |
| 4719 SE 17th Place 208 | May 2026 | $330,000 | 2/2 | 1,124 | $294 |
| Average | 4 comps | $364,250 | $289 |
Market trends — Cape Coral
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, 2026 | Sold | $428,800 |
| Feb 21, 2026 | Price reducedfrom $464,400 | $428,800 |
| Oct 17, 2025 | Listed | $464,400 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 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)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.