$195,000
2 Bed Pool Home for Sale in Wayward Wind
1220 SE 40th Street 6, Cape Coral, FL, 33904
About this home
You'll experience Florida living at its best in this beautiful first floor Gulf-access condo with a gorgeous pool right outside your lanai. The pool and dock are just steps away, making you feel like you're on vacation every day. You'll love the large open kitchen with new stainless appliances, plenty of counter space and breakfast bar area. The great room features vinyl plank flooring, crown molding, designer fan and a great view of the pool and canal. The condo has two primary suites. Each master has its own walk-in closet. There's tile flooring in the bathrooms. The condo includes washer and dryer in the utility room off the lanai. Enjoy great views of the pristine community pool and canal from the large lanai. Watch boats cruise along the Plato canal, which has lots of boat activity. It's also a great canal for fishing or crabbing from the dock. You'll appreciate the southern exposure for the pool. There's a designated parking space right outside your front door, with guest parking nearby. This condo allows pets and has low monthly fees with water included. Conveniently located in the heart of Cape Coral, it's close to everything, stores, restaurants, schools and commuter routes, yet peaceful and quiet. This unit had no hurricane damage. Come check out this superb location.
Property details
- Type
- Condominium
- Year built
- 1987
- Interior
- 917 sqft
- Lot size
- 5,179.284 sqft
- Acreage
- 0.12 acres
- Garage
- None
- Days on market
- 23
- Total association fees
- $4,800/yr (~$400/mo)
- CDD
- None
- Est. taxes (1.4%)
- $2,730/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Call, Conditional
- 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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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 |
|---|---|---|---|---|---|
| 1005 SE 40th Street 5 | Dec 2025 | $169,900 | 2/2 | 1,111 | $153 |
| 3803 SE 11th Place 1210 | Jun 2026 | $205,000 | 2/2 | 1,008 | $203 |
| 3714 SE 12th Avenue 203 | Apr 2026 | $195,000 | 2/2 | 1,111 | $176 |
| 3714 SE 12th Avenue 204 | Aug 2026 | $217,000 | 2/2 | 1,111 | $195 |
| Average | 4 comps | $196,725 | $182 |
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 $24,000 (11%) from the original list price.
| Mar 29, 2026 | Price reducedfrom $219,000 | $195,000 |
| Mar 6, 2026 | Listed | $219,000 |
The good, the trade-offs & the location
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Built 1987 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
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.