$1,600
2 Bed Waterfront Home for Sale in Cape Coral
1207 SE 40th Terrace, Cape Coral, FL, 33904
About this home
Annual Lease. Looking for a place that feels like home the moment you walk in the door? This cozy and lovingly maintained 2 bedroom 1.5 bath offers a blend of comfort, convenience and laid-back Florida living! Inside you will find a bright, easy care all tile interior, plus a washer and dryer for added convenience. With the lawn care included in the rent you can spend less time worrying about maintenance and more time enjoying your new home. Step outside onto the screened lanai and enjoy peaceful views watching the boats go by on the beautiful Plato Canal. Small dog considered with owner approval and a $350.00 non refundable pet fee. 1st month, last month, security deposit and renter's insurance required.
Property details
- Type
- Duplex
- Year built
- 1971
- Interior
- 1,064 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $22/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
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 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
- Waterfront
- Built 1971 — 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
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.
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.