2 Bed Pool Home for Sale in Cape Commons
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For RentMLS# 2026037551

$1,800

2 Bed Pool Home for Sale in Cape Commons

1319 SE 40th Terrace, Cape Coral, FL, 33904

2 beds2.5 baths11,760 sqft1 garage
BoatingWaterfront

About this home

Excellent Townhouse for rent, like new... DIRECT ACCESS with boat dock space. Only 1 Bridge to the River with Fantastic short boat ride to the Gulf. Close to downtown Cape Coral, shopping, dining, hospitals, Cape Coral Beach, 1/2 hour to Sanibel Island, and Fort Myers Beach. This unit is packed with a host of upgrades, features,and special details... Modern Architecture, Granite counters, Stainless Steel appliances, Upgraded Cabinets, Tray ceilings, Upgraded Tile floors, Upgraded Tile Showers, Community Pool, one car attached garage. This is the best SW Florida Living! The most amazing common pool area with travertine marble decking, completely fenced gated very private! Fountains, waterfalls, BBQ area, Outside shower and access to captain's walk and boat docks with a Waterfront canal view luxury at it's Best! Pet Policy - 1 pet per unit with 25 lbs weight restriction

Property details

Type
Attached
Year built
2008
Interior
11,760 sqft
Lot size
19,998.396 sqft
Acreage
0.46 acres
Garage
1 car
Days on market
0
Total association fees
None
CDD
None
Est. taxes (1.4%)
$25/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
Yes
Spa
Yes
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Lee

Amenities

BoatSlip

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
92
Active listings
2,485
Median sold price · Cape Coral
$384,999last 3 months6.9% vs $360,000 prior 3 months
Median closed price by month · Cape Coral
2.6% MoM5.7% YoY
$340k$365k$390kJul ’25Sep ’26
$369,990Sep ’26 · 55 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.

The good, the trade-offs & the location

Pros
  • Built 2008 — post-2002 Florida wind codes (typically lower insurance)
  • Private pool
  • Waterfront
Consider
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
3.9 mi
Cape Coral Hospital
Beach
8.6 mi
Fort Myers Beach
Airport
5.2 mi
Page Field (Fort Myers)
Shopping
4.9 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.