$299,990
3 Bed 2 Bath SingleFamilyResidence for Sale in CAPE CORAL, FL
1034 NE 40th Terrace, Cape Coral, FL, 33909
About this home
READY NOW!! HOME IS COMPLETE! FULL APPLIANCE PACKAGE INCLUDED! Washer & Dryer, Refrigerator, Microwave, Dishwasher, Window Blinds and an Automatic Garage Door Opener! The FOXTAIL floor plan has three bedrooms, two full bathrooms, a two-car garage, and 1,552 square feet of living space. When you walk in to this home, you are greeted by two open rooms on either side of the foyer: a living room on one side and the dining room on the other. The kitchen offers plenty of counter seating and overlooks the spacious great room. Two bedrooms are on one side of the home and the owner's suite is on the other side.This home features include hurricane impact shutters, island in kitchen. Family/Dining Room, Pantry, Walk In Shower in primary bath, Walk-In Closet(s), Split Bedroom floorplan. This new home includes one full year of builder's transferable warranty coverage and a 10-year limited structural warranty.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2024
- Interior
- 1,552 sqft
- Lot size
- 10,018.8 sqft
- Acreage
- 0.23 acres
- Garage
- 2 car
- Days on market
- 595
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $4,200/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Well
- Sewer
- Septic Tank
- New construction
- Yes
- Pets
- Yes
- 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.
Based on the $/sqft of 8 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 |
|---|---|---|---|---|---|
| 1101 NE 40th Street | Feb 2026 | $294,102 | 4/2 | 1,426 | $206 |
| 4010 NE 12th Court | May 2026 | $315,000 | 4/3 | 1,683 | $187 |
| 3902 NE 10th Avenue | Jul 2026 | $293,855 | 3/2 | 1,400 | $210 |
| 4002 NE 9th Place | Jan 2026 | $300,000 | 3/2 | 1,556 | $193 |
| 1000 NE 43RD Terrace | Jan 2026 | $314,490 | 4/2 | 1,499 | $210 |
| 3647 NE 10th Place | Sep 2025 | $304,950 | 4/2 | 1,499 | $203 |
| Average | 6 comps | $303,733 | $202 |
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 $28,216 (8.6%) from the original list price.
| Jun 29, 2026 | Sold | $299,990 |
| Apr 8, 2026 | Price reducedfrom $311,990 | $299,990 |
| Sep 13, 2024 | Listed | $328,206 |
The good, the trade-offs & the location
- Built 2024 — post-2002 Florida wind codes (typically lower insurance)
- New construction
- Lower flood risk (zone X)
- 2-car garage
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.